Thursday, March 5, 2015   

Audi says will 'accept penalty' in China anti-monopoly probe
(08-11 19:22)

German luxury car brand Audi will accept punishment from Chinese authorities for breaching anti-monopoly laws, it said Monday.
An investigation by Chinese authorities found that an Audi dealer network had "violated national anti-monopoly laws'', the brand's China arm said in a statement, adding the Audi joint venture involved had "closely cooperated with the investigation and will accept a penalty''. --AFP   
Other Business breaking news:
Greece pays more for debt issuance (03-04 19:22)
IMF tells Sri Lanka no immediate need for US$4b loan (03-04 18:39)
RBS to shed 14,000 investment banking jobs (03-04 17:50)
Court annuls ECB’s clearing houses requirement (03-04 17:41)
Toyota elevates Frenchman, American to management ranks (03-04 17:36)
StanChart chief allows himself a fine assessment, recalls 2002 and 2006 profits (03-04 17:01)
StanChart says earnings disappointing, income tumbles by 37pc (03-04 16:40)
European benchmarks advance (03-04 16:34)
Australia reports weak growth (03-04 16:08)
Seoul wary of deflation (03-04 15:10)

More breaking news >>

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