Despite objections from Germany, there will be greater powers to monitor testing and fine companies in the wake of the VW scandal.
The European plane marker has set up a new compliance review group, with outsiders leading the review of its internal processes.
The Italian airline will be put up for sale later this month as the government aims to prevent its liquidation.
The Swiss engineering group said that poor management oversight was to blame for a “sophisticated criminal scheme” at is South Korean unit.
In this interview, Frank Muusse, head of corporate finance and financial risk at Philips Lighting, outlines his work for the company and the impact of changing risk and financial regulation.
The Swiss group’s revelation of a US$100m loss at its South Korean subsidiary could be just one example of “a ticking time bomb”, claims Bottomline Technologies.
Effective supply chains depend on the strength and versatility of every participant. How can this be achieved in today’s testing business environment?
Falling world shipping rates, which pushed Korea’s Hanjin Shipping into bankruptcy last August, have resulted in hefty bad shipping loans for Germany’s banks.
Trade finance fraud has claimed some high-profile victims, including major Chinese banks. However, the elimination of paper-based documentation should reduce the ability of the scammers to strike.
Global infrastructure projects attracted a record US$413bn of investment in 2016, driven higher by aggregate transaction value of $131bn in Asia.