Business

DUBLIN (Reuters) – Former World Trade Organization director general Peter Sutherland, who was also a long-serving chairman of oil giant BP (BP.L) and the overseas arm of Goldman Sachs (GS.N), died on Sunday aged 71. The Jesuit-educated barrister, who also served as Ireland’s youngest attorney general and then youngest European Union commissioner during the 1980s,
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BERLIN (Reuters) – Volkswagen (VOWG_p.DE) group sales probably rose to around 10.7 million cars last year and kept the German behemoth ahead of Toyota (7203.T) as the world’s largest automaker, Bild am Sonntag reported, citing in-house VW estimates. Higher delivery figures across the group, which includes premium brands Audi (NSUG.DE) and Porsche, helped drive revenue
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BERLIN (Reuters) – A senior U.S. sales manager has quit Volkswagen’s (VOWG_p.DE) North America operations just as the carmaker’s deliveries in the world’s second-largest auto market fall steeply. Ron Stach, senior vice president of sales at Volkswagen of America, has left the automaker, a spokesman for VW in the United States said on Saturday, confirming
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(Reuters) – Southwest Airlines Co (LUV.N) agreed to pay $15 million to settle nationwide antitrust litigation by passengers who accused the four largest U.S. carriers of conspiring to raise fares by reducing seating capacity. U.S. District Judge Colleen Kollar-Kotelly in Washington, D.C. granted preliminary approval on Wednesday for the accord with the Dallas-based carrier. Southwest
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(Reuters) – The Dow Jones Industrial Average sailed past the 25,000-mark for the first time on Thursday, while other major indexes rose to new highs after a strong private jobs report added to a bullish sentiment from indications of robust growth in major economies. The ADP National Employment Report showed that U.S. private employers added
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FRANKFURT/SAN FRANCISCO (Reuters) – Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp (INTC.O), Advanced Micro Devices Inc (AMD.O) and ARM Holdings. One of the bugs is specific to Intel but another affects laptops,
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