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Tag: scandal
Electronics makers may be set for rethink after Toshiba scandal
2015-12-30 10:33:50| Electronics - Topix.net
Japanese electronics makers may be in for a rethink of the country's manufacturing strategy as Toshiba Corp. is set to proceed with an overhaul of loss-making operations in the wake of an accounting scandal. The restructuring plan unveiled in late December for the personal computer, television, and home appliance units has exposed the difficult task of returning to profitability for the 140-year-old industrial conglomerate that has become a household name.
Tags: set
electronics
toshiba
makers
VW Overhauls CEO's Team Following Emissions Scandal
2015-12-17 17:06:45| Automakers - Topix.net
Volkswagen AG made sweeping changes to it senior management on Thursday, as the German car maker continues to overhaul its culture in the wake of the emissions scandal.
Tags: team
emissions
scandal
ceos
EU to investigate VW emissions scandal
2015-12-17 13:19:18| BBC News | Business | UK Edition
The European Parliament votes to set up a committee to investigate the Volkswagen emissions scandal.
Tags: investigate
emissions
scandal
Indonesian house speaker resigns because of scandal over Freeport mine extortion claim
2015-12-16 19:07:08| Real Estate - Topix.net
The embattled speaker of Indonesia's House of Representatives resigned Wednesday over his involvement in one of the biggest political scandals in years, in which he allegedly sought kickbacks from a giant U.S.-owned gold and copper mine in exchange for helping it extend its operating contract. Setya Novanto from the opposition Golkar Party has been at the centre of the scandal, which began with a meeting in June with Maroef Sjamsoeddin, chief executive of PT Freeport Indonesia, at which he and a businessman allegedly used the names of President Joko "Jokowi" Widodo and Vice-President Jusuf Kalla to seek stakes in the mining company.
Tags: house
claim
mine
speaker
Bosch role in VW diesel scandal reviewed by German prosecutors
2015-12-15 23:15:40| Automakers - Topix.net
Prosecutors in Stuttgart said they are investigating whether Robert Bosch GmbH employees helped Volkswagen AG rig software to cheat on emissions tests. The probe is looking at corporate staff at the car-parts maker, which provided VW with the software, but no suspects have been identified, Claudia Krauth, spokeswoman for Stuttgart prosecutors, said in an interview today.
Tags: role
german
reviewed
diesel
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