volkswagen

Facing U.S. storm, VW set for easier ride in Europe on emissions scandal

By Barbara Lewis and Kirstin Ridley BRUSSELS/LONDON (Reuters) – Volkswagen is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country Germany's determination to protect its car industry, EU sources and legal experts say. The carmaker has been embroiled in crisis since last September, when it admitted it …

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Facing U.S. storm, VW set for easier ride in Europe on emissions scandal

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Volkswagen CEO to hold high-level talks in Washington on emissions scandal

By David Shepardson WASHINGTON (Reuters) – Volkswagen Chief Executive Matthias Mueller will meet with the top U.S. environmental regulator next week for the highest-level talks since the German automaker admitted to using software to evade emissions requirements for 580,000 U.S. vehicles. Mueller will meet with U.S. Environmental Protection Agency chief Gina McCarthy on Wednesday in Washington, at the request of Volkswagen, agency spokeswoman Laura Allen said. McCarthy told reporters …

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Volkswagen CEO to hold high-level talks in Washington on emissions scandal

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd , CNBC reported, with an announcement coming as soon Wednesday. The moves represent a stark rejection of Chief Executive Officer Marissa Mayer's plan to sell the $30 billion Alibaba stake and to

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

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Yogawear retailer Lululemon’s quarterly profit falls 12 pct

(Reuters) – Canadian yogawear retailer Lululemon Athletica Inc reported a 12 percent fall in third-quarter profit as costs soared.

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Yogawear retailer Lululemon’s quarterly profit falls 12 pct

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VW CO2 manipulations affect far fewer cars than reported: sources

Volkswagen's investigations have shown that the carmaker has understated carbon dioxide (CO2) emissions of far fewer cars than originally expected, two sources at the company said on Wednesday. VW said last month it had falsified fuel usage and CO2 emissions in about 800,000 cars sold mainly in Europe, and was expecting costs of at least 2 billion euros ($2.19 billion) including compensation payments to customers. “Further investigations have shown that

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VW CO2 manipulations affect far fewer cars than reported: sources

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Apple wins patent trial against Pendrell subsidiary

By Lisa Bose McDermott MARSHALL, Texas (Reuters) – A U.S. jury on Friday found Apple Inc did not infringe five antipiracy patents owned by a Pendrell Corp subsidiary at trial in a Texas federal court. The jury also found that Apple did not prove that the patents were invalid. An Apple attorney declined to comment.

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Apple wins patent trial against Pendrell subsidiary

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VW cuts 2016 capital spending plan as cheating scandal widens

By Andreas Cremer and David Shepardson WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles. Volkswagen has told U.S. regulators that emissions issues in larger luxury cars and SUVs extend to…

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VW cuts 2016 capital spending plan as cheating scandal widens

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NYSE-owner ICE to buy commodities trading platform for $650 million

(Reuters) – Intercontinental Exchange Inc , the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.

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NYSE-owner ICE to buy commodities trading platform for $650 million

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VW says CO2 cheats affect more petrol engines than previously disclosed

Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday. VW said on Nov. 3 it had understated the level of CO2 emissions in about 800,000 cars sold mainly in Europe, and consequently their fuel usage. It said then the cheating affected predominantly 1.2 and 1.4 liter diesel engines and one petrol engine, the 1.4 liter motor

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VW says CO2 cheats affect more petrol engines than previously disclosed

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