Friday, October 31, 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:
European stocks rally at open (19 mins ago)
Panasonic says half-year profit dives (1 hr 14 mins ago)
Nikkei soars to seven-year high (1 hr 23 mins ago)
Japan Airlines H1 net profit slips (1 hr 24 mins ago)
Sony says half-year loss balloons six-fold (1 hr 24 mins ago)
RBS sets aside 400m pounds for forex probes (1 hr 25 mins ago)
BoJ chief says at 'critical moment' for exiting deflation (1 hr 26 mins ago)
BOJ expands monetary easing plan as economy slows (1 hr 33 mins ago)
Athens stock market down 3.6pc (10-30 18:36)
Toshiba half-year net profit surges (10-30 17:27)

More breaking news >>

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