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Thursday of the car and its two prosecutors have ordered germany s porsche to pay a five hundred thirty five million euro fine for exceeding pollution limits on its fleet of luxury phones vehicles or spare and company funds. subsidiary audi had to pay similar fines for their role in v.w. so-called evil deeds of penalties formal administers of fines and a separate from ongoing criminal investigations the scandal has so far cost b.w. more than twenty eight billion euros in penalties buybacks and other costs. now let s bring in our financial correspondent from frankfurt corner that collusion charges against b.m.w. how is cappello now being applied to german car makers. you know good european commission all the competition watchdogs of the e.u. ....
A five hundred thirty five million euro fine for exceeding pollution limits on its fleet of luxury hot vehicles or spare and company folds. subsidiary out he had to pay similar fines for their role in v.w. so-called steel gates going up penalties formal administrative fines and a separate from ongoing criminal investigations the scandal has so far cost b.w. more than twenty eight billion euros in penalties buybacks and other costs. now let s bring in our financial correspondent conor booze from frankfurt common that most collusion charges against b.m.w. how is cappello now being applied to german car makers. you know go european commission all the competition watchdogs of the e.u. commission say that the comic has formed a cartel by discussing industrial standards for diesel engines and petrol engines ....
Subsidiary audi had to pay similar fines for their role in v.w. so-called eagle dates other times he s only administrative fines and a separate from ongoing criminal investigations scramble has so far cost b.w. more than twenty eight billion euros in penalties buybacks and other costs. now let s bring in our financial correspondent from frankfurt going to that those collusion charges against b.m.w. how is cappello now being applied to german carmakers. you know european commission all the competition watchdogs of the e.u. commission are saying that the comic has formed a cartel by discussing industrial standards for diesel engines and petrol engines and by negotiating what kind of industry to standards they want to promote that way the e.u. commission says the car makers prevented innovation and that s how they form ....
Only game in town chinese chain luck in coffee is taking on the u.s. job a giant all the way to now stuck. hello welcome to your business good to have you with us a study by consulting for me why has revealed a striking difference in the size of profits u.s. banks are making compared to the european counterparts and taken together the ten largest u.s. banks last year made a profit of one hundred thirty eight billion euros compare that to the top ten european financial institutions they made fifty two billion that is less then half as much j.p. morgan chase was leader of the pack in the us bringing in a massive twenty eight billion euro profit in europe it was ages b c this came out on top with twelve billion euros a major names like deutsche bank are way down the list with a relatively speaking of course measly profit of two hundred sixty seven million ....
Violated washington s iran sanctions the export ban almost bankrupted c.t.e. as a result it agreed to pay the u.s. government a hefty fine of one point four billion dollars to lift the ban the japanese engineering firm hitachi has put plans for a nuclear power station in britain on ice plant angle say island off the welsh coast was expected to provide about six percent of britain s electricity it was seen as a vote of confidence in the british economy it was his boss says briggs it is not the reason to shelve the twenty eight billion dollar project but insiders claim that it s actually things break that have limited the government s capacity to devise plans. it was supposed to be a massive project a new nuclear power plant named will for a while some countries are trying to give up nuclear energy due to safety or expenses the u.k. has had several projects and planning but that s changed just last year toshiba pulled out of another u.k. nuclear project due to growing expenses hitachi ha ....