Discover Thomson ReutersBy Reuters Staff1 Min ReadBERLIN, May 7 (Reuters) – German prosecutors have imposed a fine of 535 million euros ($598.99 million) on German luxury carmaker Porsche AG for neglecting supervisory obligations linked to diesel emissions cheating, they said in a statement on Tuesday.Prosecutors in the southern city of...
Discover Thomson ReutersBy Tom Daly, Michael Hogan2 Min ReadBEIJING/HAMBURG (Reuters) – Aluminium products company China Zhongwang Holdings 1333.HK has scaled back its European sales operation in a move that two sources close to the matter said is a result of EU anti-dumping investigations and the coronavirus-induced economic downturn.Zhongwang, which has...