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Tag: charges
South Korea rejects VW recall, promises criminal charges
2016-01-20 20:34:19| Automakers - Topix.net
Hans Dieter Poetsch, Chairman of the Supervisory Board of Volkswagen AG, attends a press conference to announce the latest update in the company's handling of the engine emissions scandal on December 10, 2015 in Wolfsburg, Germany. Volkswagen is facing criminal charges in South Korea for the emission-cheating scandal.
Tags: south
korea
charges
criminal
Saxonburg's II-VI to acquire two businesses; Charges to dent metals producer's results
2016-01-20 06:59:13| Food - Topix.net
Saxonburg laser and infrared technology provider II-VI Inc. plans to acquire two businesses meant to expand its semiconductor laser operations. The combined value of the acquisitions is $110 million in cash.
Tags: results
businesses
charges
acquire
Real estate agent acquitted on federal charges
2016-01-20 04:38:05| Real Estate - Topix.net
A federal jury on Tuesday acquitted a Northwest Side real estate agent and former banker on all charges stemming from an alleged scheme to hoodwink his own bank into illegally lending $650,000 to the buyers of a South Side theater, then keeping a large chunk of the cash for himself. Robert Michael, 65, an owner of Michael Realty and former CEO of the now-defunct Citizens Bank and Trust, was indicted in 2013 on one count each of bank fraud, making false statements to a bank and money laundering.
Tags: real
estate
agent
real estate
14:48 TeliaSonera to take $844 million Uzbekistan, Denmark charges
2016-01-16 12:48:46| Telecom - Topix.net
TeliaSonera AB wrote down the value of its Uzbekistan operations by 5.3 billion kronor as the Swedish company prepares to pull out of the country that is the center of several legal probes over alleged bribery tied to phone licenses, reports Bloomberg. The accounting method for the Eurasian business will be changed to one based on estimated sales proceeds rather than on discounted cash flow, the company said Thursday in a statement.
Tags: million
charges
denmark
uzbekistan
14:48 TeliaSonera to take $844 million Uzbekistan, Denmark charges
2016-01-16 12:45:55| IT Services - Topix.net
TeliaSonera AB wrote down the value of its Uzbekistan operations by 5.3 billion kronor as the Swedish company prepares to pull out of the country that is the center of several legal probes over alleged bribery tied to phone licenses, reports Bloomberg. The accounting method for the Eurasian business will be changed to one based on estimated sales proceeds rather than on discounted cash flow, the company said Thursday in a statement.
Tags: million
charges
denmark
uzbekistan
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