Defective airbags: US transport agency urges recall of 67 million airbag parts
The US government’s transportation safety agency has demanded the recall of 67 million airbag inflators after finding they could rupture...
World
Money printer De La Rue warns on profit amid falling cash demand
British banknote maker De La Rue has warned that its profits will miss full-year forecasts as demand for cash is...
McDonald’s leaves Russia for good, cites risky operating environment
After more than 30 years of operation in the country McDonald’s, the first US fast-food restaurant to open in the...
Toshiba initiates talks with 10 potential buyout investors
Toshiba, Japanese industrial conglomerate, is holding discussions with potential investors after receiving interests from 10 strategic partners and sponsors. In...
Spirit Airlines board rejects JetBlue takeover bid on antitrust risks
Spirit Airlines rejected a $3.6 billion takeover bid from rival JetBlue Airways and said it would merge with budget carrier...
Deutsche Bank HQ searched over suspicious money laundering investigation
Officers from the financial regulator BaFin, the federal police, and the Frankfurt public prosecutor’s office launched a raid on the...
Businesses face tougher new biometric privacy laws
Biometric privacy and tougher biometric privacy laws are a serious risk to American businesses. Unfortunately, biometric privacy risks are obscure...
American health insurers scared of single-payer health insurance
American insurers are afraid Democrats will impose government run single-payer health insurance. In fact, single-payer is the basis of a...
French reinsurer SCOR sues Covea over ditched takeover bid
Paris-based reinsurer SCOR is taking legal actions against French peer Covea, after the latter issued a press release stating it...
Metro Bank admits to £900m accounting error
The risk of catastrophic failure in the financial sector is far greater than many observers believe. In fact, Britain’s Metro...
