Recent Business News
DETROIT An internal review that Fiat Chrysler Automobiles conducted from mid-2015 found that U.S. sales figures were inflated by 5,000 to 6,000 vehicles, partly amid pressure to keep the company's year-over-year monthly sales streak alive, the Automotive News reported Monday, citing two sources at FCA.
CHENGDU, China The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.
SunEdison Inc's unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company.
HONG KONG A bitter shareholder row at China's largest property developer is a first big test for the country's new securities chief, appointed earlier this year to heal the wounds of last year's stock market meltdown and restore investor confidence.
LONDON Retail tycoon Philip Green's greed and disregard for corporate governance led to the demise of BHS and cost 11,000 jobs, a report by British lawmakers said, calling the collapse of the stores group "the unacceptable face of capitalism".