Volkswagen CEO Matthias Müller said he was "stunned" by reports that the automaker had sponsored tests in which monkeys and people were exposed to toxic diesel emissions, Reuters reports. Just two years after the scandal with falsification of emission data, which was dubbed "Dieselgate", Volkswagen...

Very soon music streaming companies like Spotify and Apple Inc. would have to pay more to songwriters and music publishers in royalty payments. This was decided upon by the U.S. copyright authorities. The increased payments are to be progressively implemented over the next five years. This...

There seems to be a very accessible way to track the next big move for Bitcoin, says the first analyst to follow the cryptocurrency.   The key is to look into Google search and wallet growth, said DataTrek Research's co-Founder, Nick Colas, recently.   "By looking at the number of...

The deal is another sign of M&A activity in the global biotech sector. Earlier, Ablynx rejected a purchase offer for € 2.6 billion from the Danish Novo Nordisk. Sanofi will pay € 45 per share in cash to Ablynx with a 21.2% premium on the closing price on Friday. The French company said that...

Steglatro will be treating type II diabetes orally. One panel of European Medicines Agency, shortly called EMA, has come up with a recommendation of “granting marketing approval” towards a drug for diabetes that has been jointly developed by Merck & Co and Pfizer Inc.   The said...

Shell and its peers are eyeing the renewable energy sectors on a “greater scale” to “effectively operate and leverage their trading skills” in the market. In last recent weeks’ time, the company of “Royal Dutch Shell” has acquired assets ranging from “solar power to electric car charging points”...

According to the news agency Reuters, European lenders UBS, HSBC and Deutsche Bank are set to be fined by the U.S. derivatives regulator for millions of dollars each for the so-called “spoofing” and manipulation in the future market in the U.S.   Sources reportedly told Reuters that the...

Google would be happy to pay more tax, declared the chief executive of the company as he also called on the authorities to reform the existing taxation system.   There is need for reformation in the existing tax system so that the concerns about some companies not paying up their fair...

SunPower Corp wants its solar panels be exempted from the additional federal tariffs on imported solar panels that the Trump administration had imposed this week and has withheld its announced investment of $20 million in expansion plans for its U.S. factory as well as hundreds of new jobs until...