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Audi boss arrested over 'dieselgate' scandal

The chief executive of Audi has been detained by German authorities investigating the “dieselgate” scandal at parent firm Volkswagen. Prosecutors in Munich said Rupert Stadler – the most senior group official to be held since the emissions saga began almost three years ago – was arrested at home in …

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Company bosses to stand trial over employee suicides

A spate of suicides at a leading French company will see a number of top executives stand trial over alleged workplace bullying. The former head of France Telecom Didier Lombard, six other executives and telecoms operator Orange, formerly France Telecom, are to be taken to court over their alleged …

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Melrose to kick off sale of £1.5bn GKN‎ unit

The industrialists who bought GKN, the British engineering group, in a controversial £8bn takeover this year are plotting the £1.5bn sale of one of its most valuable divisions. Sky News has learnt that executives at Melrose are drawing up plans to kick off an auction of GKN’s Powder Metallurgy …

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Comcast's bid for Sky cleared by European Commission

US cable giant Comcast’s £22.1bn takeover bid for Sky plc, the owner of Sky News, has been cleared unconditionally by the European Commission. The decision removes the last regulatory hurdle that stood before Comcast as the bidding war for Europe’s largest pay-TV operator hots up. Sky’s largest single shareholders, …

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Relaxed lane shopping for those who need more time

Sainsbury’s is trialling a new relaxed shopping lane for those who need extra time to do their grocery shopping. The idea is being tested at the supermarket’s Prestwick store in South Ayrshire, Scotland, and is aimed at people who suffer from dementia. The month-long trial is similar to one …

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The end is finally nigh for Equitable Life

Before the financial crisis, before the state bail-outs of Northern Rock, Royal Bank of Scotland and Lloyds TSB, there was Equitable Life. The near-collapse of a centuries-old institution, moreover one with which millions of the UK’s wealthiest professionals had placed their retirement savings, was probably the single most important …

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China hits back on US tariffs with 'same scale' penalties

China’s government has said it will retaliate against US President Donald Trump’s tariff hike by immediately imposing penalties of the “same scale” on American goods. The Commerce Ministry said on Friday it would also scrap deals made with Washington in talks aimed at defusing a much feared trade dispute. …

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