A senior US District Court judge for the Northern District of California has granted preliminary approval to a $15bn settlement over Volkswagen's emissions cheating scandal. Judge Charles Breyer granted preliminary approval of the ...
Tags: Volkswagen, vehicles, TDI engine
D.G. Yuengling and Son has agreed to pay $2.8m in civil penalty to settle the allegation of violating Clean Water Act (CWA) pretreatment discharge limits involving its two large-scale breweries near Pottsville, Pennsylvania. The company ...
Under Armour Inc. announced the final distribution ratio for its upcoming $59 million dividend to holders of the company's Class C non-voting common stock in satisfaction of the previously announced settlement agreement entered into by the ...
Tags: C stock, cash, fractional shares
For first-quarter 2016, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $4.3m, down on $8.9m a year ago ...
Tags: Rubicon Sapphire, substrates
Chinese and U.S. representatives expressed optimism for the future of the China-U.S. Bilateral Investment Treaty (BIT) negotiations during a session at this year's Boao Forum for Asia annual conference. Against the backdrop of a global ...
Tags: China-U.S BIT, global economy
Future food labelling and product safety laws could be scrapped if legal pressure from multinational companies increases as a result of clauses within the Trans-Pacific Partnership (TPP) agreement. Consumer advocacy group Choice has ...
Tags: Food Label, TPP, Product safety laws
Scandal-hit Volkswagen has got another jolt, as nearly 300 of its institutional investors have filed a multi-billion dollar lawsuit against the global automobile major. The law firm representing the investors said that the carmaker has ...
Tags: Volkswagen, Tilp, Investors
21 Dec 2015 Tobacco giant Philip Morris has lost its fight against the plain packaging laws that it claimed would threaten the intellectual property of its brands. The company behind Marlboro, Peter Jackson and Longbeach cigarettes has ...
Tags: Philip Morris, Tobacco, Packaging
The Chinese government is calling on the Philippines to give up any illusions of sovereignty over islands claimed by China in the South China Sea. Foreign Ministry spoksperson Hong Lei commented following the release of a court transcript ...
Tags: South China Sea, Arbitration
The natinal flags of the People's Republic of China and Republic of Korea. [File Photo: CFP] The first round of talks between China and South Korea over their overlapping claims on exclusive economic zones in the Yellow Sea is due to get ...
Tags: China-ROK Maritime Talks
In midsummer 2015, the so-called South China Sea arbitration hearing that the Philippines had been clamoring for and brewing in the past two years finally started. Recently, the relevant arbitral tribunal held this so-called hearing in The ...
Tags: DOC
China and Kyrgyzstan on Wednesday signed a number of cooperative documents in finance, culture and energy after talks between the prime ministers of the two countries. "China is willing to discuss industrial capacity and investment ...
After eight months of patient, indirect and difficult contact with the Dutch collector, the villagers of Yangchun in south-east China's Fujian province failed to get back the mummy Buddha statue of Patriarch Zhanggong which was stolen in ...
Tags: Buddha Statue, cultural relics
Atlantic metallurgical coal buyers and miners Friday were positive on the reported $81/mt hard coking coal benchmark, with new spot US offers looking to match or exceed this reference. Some buyers were bracing for a settlement closer to ...
Tags: Atlantic Met Coal, hard coking coal, coke
The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices