court-hearing

Samsung chief appears for second round of questions in graft probe

By Se Young Lee and Ju-min Park SEOUL (Reuters) – Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. The special prosecutor has focused on South Korea's biggest conglomerate, accusing Lee in his capacity as Samsung chief of pledging…

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Samsung chief appears for second round of questions in graft probe

court-hearing

U.S. judge delays court hearing on Volkswagen 3.0-liter diesels

U.S. District Judge Charles Breyer on Tuesday delayed a court hearing set for Wednesday on Volkswagen AG's plan to address 80,000 polluting Audi, Porsche and VW 3.0-liter vehicles. Reuters reported on Nov. 15 that VW had reached an agreement with U.S. regulators for a mix of buybacks and fixes for the 80,000 vehicles, but still needed to reach agreement on other issues including compensation for owners. The agreement includes a buyback offer for about 20,000 older Audi and VW SUVs and a software fix for 60,000 newer Porsche, Audi and VW …

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U.S. judge delays court hearing on Volkswagen 3.0-liter diesels

court-hearing

Volkswagen to spend at least $1.2 billion to compensate U.S. dealers: sources

Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 U.S. dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter…

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Volkswagen to spend at least $1.2 billion to compensate U.S. dealers: sources