Business

Kobe Steel's Hatano plant to lose all JIS certifications: Nikkei

TOKYO (Reuters) - A unit of Kobe Steel is set to lose all of its Japan Industrial Standards (JIS) certifications at its Hatano plant, including one already revoked last month, the Nikkei reported on Wednesday.

Business

German regulator launches another probe into VW over scandal

BERLIN (Reuters) - Germany's financial watchdog said on Friday it was investigating whether Volkswagen illegally disclosed information about its emissions scandal to third parties, adding to the carmaker's legal headaches more than two years after the sca

Business

Kobe Steel to announce causes of data cheating, CEO to brief

TOKYO (Reuters) - Kobe Steel Ltd said it would announce on Friday the results of an internal investigation into the causes of a data-cheating scandal that has rocked the Japanese steelmaker and affected hundreds of customers globally.

Business

Volkswagen has still not fixed one in three dieselgate cars in Britain

LONDON (Reuters) - Volkswagen has yet to fix one in three of the 1.2 million cars affected by the diesel emissions scandal in Britain, over two years since the revelations first came to light, according to a parliamentary committee.

Business

Kobe Steel executives to decide whether to resign after external probe: sources

TOKYO (Reuters) - Kobe Steel executives, including President Hiroya Kawasaki, will decide whether to resign to take responsibility for a cheating scandal after receiving a report from independent investigators, sources told Reuters.

Business

Scandal-hit Kobe Steel has a 'look the other way' culture, they say in hometown

KOBE, Japan (Reuters) - The fresh university graduate, eager to make a good impression on the job at one of Kobe Steel Ltd's main plants in Japan, punched the wrong measurements into machines making steel pipes, causing a large batch to come out too shor

Business

Singapore police examine Goldman's role in 1MDB deals: Bloomberg

(Reuters) - Singaporean prosecutors and police are looking at Goldman Sachs Group's relationship with the scandal-hit Malaysian state investment fund 1MDB, Bloomberg reported, citing people familiar with the matter.

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