FRANKFURT A high-ranking employee warned senior Volkswagen managers in May 2014 that U.S. regulators might examine car engine software as part of an investigation into pollution levels, two sources familiar with the matter said on Sunday.
Recent Business News
LONDON Britain's BP and partner Oman Oil signed an agreement on Sunday to develop a second phase of the Khazzan natural gas field, taking the estimated investment in the project to $16 billion (11.03 billion pounds), the company said.
PARIS French retailer Carrefour has had its offices searched as part of an investigation into its commercial practices, the company said on Sunday, two days after the government warned companies against squeezing further price cuts from farmers.
SAN FRANCISCO The Federal Reserve's rate path "dot plot" has become increasingly detached from financial markets' interest-rate projections and risks sending an overly hawkish message that may undermine the central bank's credibility.
MUMBAI Thousands of people and lion mascots swarmed the weekend opening of a "Make in India" drive to attract foreign direct investment, pitched by Prime Minister Narendra Modi as "the biggest brand that India has ever created".
SINGAPORE/LONDON Three liquefied natural gas (LNG) traders at Asia's biggest commodity trade house, Noble Group Ltd , including two co-heads of the team, are leaving to join rival trader Glencore , sources familiar with the matter told Reuters.
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