Wednesday, November 26, 2014   

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:
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ADB ready to work with new China-led bank, says president (1 hr 3 mins ago)
Samsung sells units and announces share buyback (1 hr 32 mins ago)
European stocks up at open (1 hr 42 mins ago)
Hang Seng finishes higher (1 hr 49 mins ago)
Nikkei ends lower (2 hrs 34 mins ago)
Europe's biggest bank names new boss in reshuffle (11-25 18:49)
Hang Seng down at close (11-25 16:50)
Consumer spending helps Germany skirt recession in Q3 (11-25 16:49)
German business confidence index Ifo rises in November (11-24 17:11)

More breaking news >>

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