Kazakhstan's Kaspi Bank acquires status of bank holding company
One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.
UniCredit, feeling squeeze from low rates, cuts 18,200 jobs
Italy's top bank UniCredit announced plans to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings.
EU gives Volkswagen 10 days to clarify CO2 irregularities
EU regulators have given Volkswagen 10 days to clarify its own admission that nearly a million of the company's cars emit more CO2 pollution than originally claimed.
France wants Renault-Nissan 'operational integration', no merger: minister
France wants an "operational integration" between Renault and Nissan, Economy Minister Emmanuel Macron said, but reaffirmed that a merger is "not on the agenda".
Peugeot Citroёn launches full-cycle automobile production in Kazakhstan
Kazakh National Holding Baiterek has signed an agreement with Peugeot Citroën to set up full-cycle assembly of cars in Kostanay, Kazakhstan.
Tag Heuer unveils high-end rival to Apple Watch
TAG Heuer, the Swiss watchmaker that is part of the French luxury goods groupLVMH, showed off its first Internet-connected wristwatch designed withGoogle and Intel.
Belgian court gives Facebook 48 hours to stop tracking Internet users
A Belgian court gave Facebook 48 hours to stop tracking Internet users who do not have accounts with the US social media giant, or risk fines of up to 250,000 euros ($269,000) a day.
Fitch slashes VW ratings over poor management of pollution fraud
Fitch ratings agency on Monday cut Volkswagen's credit rating by two notches, saying that a widening pollution cheating scandal has exposed weak corporate governance at the German auto giant.
French PM says opposed to Renault, Nissan merger
French Prime Minister Manuel Valls said he was opposed to a full merger of Renault and Nissan, but wanted to "preserve the alliance", following a week of mounting tensions over the role of the state in the carmaker.