LONDON - European shares followed Asian stocks higher on Monday while the dollar was on the defensive after Friday's weak U.S. jobs data signaled the era of low-cost money had further to run.
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JOHANNESBURG - Volkswagen's South African unit said on Monday all its vehicles in Africa's most advanced economy are compliant with environmental laws, following the emissions testing scandal, which has rocked the global car industry.
PARIS/SINGAPORE - Uber Inc's aggressive global expansion is looking costlier and riskier than ever as the company struggles with regulatory and competitive obstacles in major markets.
BERLIN - Volkswagen's supervisory board will hold an extraordinary meeting on Wednesday at which finance chief Hans Dieter Poetsch is expected to be appointed as new head of the 20-member controlling panel, two sources said on Sunday.
- Nelson Peltz's Trian Fund Management has accumulated $2.5 billion in General Electric shares since May — a roughly 1 percent stake — making it one of the company's top 10 shareholders, the Wall Street Journal reported.
LONDON - The world's nine biggest insurance companies will have to hold more capital under new rules just finalised by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis.