News Highlights: Top Equities Stories Of The Day
November 26 2015 - 8:29AM
Dow Jones News
Fresh VW Probes Opened in Germany, California
VW's emissions crisis deepened, as U.S. authorities and German
prosecutors set new probes into allegations of cheating, even as
the company presented an upbeat plan to fix millions of tainted
cars in Europe.
South Korea Orders Recall Over Volkswagen Emissions Scandal
Seoul ordered more than 125,000 cars recalled after finding
Volkswagen and Audi vehicles had emissions-cheating software.
Rémy Cointreau Profit Lifted by Weaker Euro
French liquor group Rémy Cointreau said first-half profit for
its 2016 fiscal year was lifted by favorable exchange rates.
Tesco Reaches Agreement on $12 Million New York Lawsuit
Tesco has reached agreement in principle to pay $12 million to
settle a class-action lawsuit in New York over an accounting
scandal that tarnished the retailer's reputation.
Infineon Profit Beats Forecasts
Shares in Infineon Technologies jumped after the German
semiconductor maker reported better-than-expected fiscal
fourth-quarter net profit and increased its dividend, due in part
to the benefits of a recent acquisition.
Barclays Fined for Anti-Money-Laundering Control Failings
Barclays has been fined by British regulators over
anti-money-laundering control failings linked to a secretive $2.83
billion deal it arranged for a number of rich clients.
Olam: El Nino Has Already Hurt Palm Oil Trees
The impact of El Niño could see the quantity of palm oil
produced in Malaysia and Indonesia fall for the first time
ever.
Citic Securities Probed by China's Stock-Market Regulator
The move is an escalation of an existing probe into
irregularities at the country's biggest brokerage.
Canadian Oil Sands Cites Potential Suitors in Effort to Fend Off
Suncor
More than two dozen potential suitors have expressed interest in
making an offer for Canadian Oil Sands, according to documents
filed in an effort to thwart Suncor Energy's hostile bid.
SCMP Confirms Being Approached by Potential Buyer
The publisher of Hong Kong's South China Morning Post has
confirmed it was approached by an interested buyer.
Bank of Qingdao Raises $607 Million
Bank of Qingdao, the largest city commercial lender in eastern
China's Shandong province, priced its Hong Kong IPO at the bottom
end of the expected price range.
(END) Dow Jones Newswires
November 26, 2015 08:14 ET (13:14 GMT)
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