The Norwegian investment fund is a 1.65% share holder in Volkswagen. Norges Bank Investment Management is seeking to join a class action suit against Volswagen in Germany for the car company’s emissions scandal. Lawyers advised the $850 billion wealth fund, which has stakes in over 9,000 companies, to sue...

Mitsubishi recently admitted it has falsified fuel efficiency ratings. Scandal-ridden Mitsubishi Motors is going to sell 34 percent of its holdings to...

Toyota is left vulnerable to exchange rates as it exports nearly half of its cars abroad. Toyota Motor Corp’s net profit is expected to fall more than...

The company is currently shifting focus from its investment banking to its wealth management business specifically in Asia and in other emerging markets. Credit...

Martyn Dodgson had previously worked for Deutsche Bank, Morgan Stanley and Lehman Brothers. On Monday Martyn Dodgson, an ex Deutsche Bank managing director...

Time Warner Cable will cost Charter Communications $56.7 billion. On Friday the U.S. FCC (Federal Communications Commission) said that it had given the...

The New York Times saw its biggest single quarter growth in subscriber numbers since Q4 2012. In its financial press release for Q1 2016, American media...

AIG has started cutting it’s investments in hedge funds as volatile markets have dampened returns. The American International Group Inc. reported...

Hotelbeds reported revenue of €1.06 billion during the last financial year. European travel company TUI Group announced on Thursday that it had come...

Analysts were expecting the group to announce a loss of $244.9 million during the period. The first oil giant to report its first quarter earnings was...