European auto sales jump to 9-year high
The positive trend has proved that despite Brexit and the Italian referendum, consumer confidence remains and demand is pushed up by a recovering economy...
Tag : scandal
Volkswagen to close $4.3 bn deal for penalties
This would resolve one of the last obstacles for the company in the US ahead of the inauguration of the new president...
Swiss bank loses Singapore banking licence
But Falcon Private Bank welcomes end of 1MDB investigation that caused a political scandal in Malaysia October 11, 2016: Falcon Private Bank, a Swiss private banking boutique with 50 years of expertise in wealth management, has lost its banking licence in Singapore as a fall-out of the 1MDB case. The Swiss Financial Market Supervisory Authority...
Brazil takes a $27 billion hit
That’s the cost of the Petrobras scandal to the world’s seventh largest economy Kamilia Lahrichi April 8, 2015: The Petrobras oil scandal, which sparked massive protests across Brazil against the government’s corruption and the economic slowdown, has cost $27.1 billion to the GDP of the world’s seventh largest economy, according to an April 2015 study...