Electric vehicle charger producers and operators in the US are preparing for a slowdown in deployment as they struggle to meet the "Made in America" requirements of a $7.5 billion federal program intended to accelerate the industry.   President Joe Biden's initiative to build an...

Bondholders of the Swiss bank Credit Suisse are allegedly preparing to sue the institution, according to the CNBC TV channel. The valuation of the $17 billion in AT1 bonds (unsecured perpetual bonds) issued by the bank will probably be written down to zero, according to a statement made last Sunday...

If a purchaser experienced damages as a result of Mercedes Benz's improper installation of devices that reduce exhaust recirculation in diesel vehicles, the carmaker will be required to make restitution, judged the Court of Justice of the European Union (ECJ). An owner of a used Mercedes initially...

One of the two primary profit generators for the Detroit automaker and its top sales market for more than ten years, China, is losing ground to competitors.   It fell below 10% for the first time since 2004 when the company's market share in the nation, including its joint ventures, fell...

The administrators of troubled hospital operator NMC Health PLC filed a $2.7 billion lawsuit in London over concerns that EY would not be able to make payments if it lost the case, bringing EY's plans to separate its auditing and consulting arms into the legal fray.   Although reports this...

Switzerland's political elite were covertly planning a move that would shock the world days before a hastily called press conference late on Sunday that would make headlines around the world.   Behind closed doors, a race to save the country's second-largest bank was underway even though...

The London Metal Exchange (LME) found sacks with stones rather than nickel in a Rotterdam warehouse. The LME was earlier informed that bags of stones, rather than nickel briquettes, were part of a shipment from a warehouse in Rotterdam. According to Bloomberg, the warehouse's operator is Access...

Among the businesses participating in the "biggest-ever" US business mission to Vietnam next week to discuss investment and sales opportunities in the developing Southeast Asian country are SpaceX, Netflix, and Boeing, according to the organizer.   According to a list seen by Reuters, more...

A decline in its shares and bond prices, which heightened concerns about a potential global banking crisis, prompted Credit Suisse to announce it would borrow up to $54 billion from the Swiss central bank to boost liquidity. According to analysts, that might not be sufficient.   The...