Audi CEO named as suspect in German emissions…

German prosecutors on Monday widened an emissions cheating probe into Volkswagen’s luxury carmaker Audi to include the brand’s Chief Executive Rupert Stadler among the suspects accused of fraud and false advertising. Almost three years after…

Crypto Billionaire Jihan Wu Considers Bitmain IPO

The world’s biggest bitcoin mining operator is thinking of an IPO. In an interview with Bloomberg, Jihan Wu, chief executive officer and co-founder at Bitmain, said that he is considering an IPO for his company, which operates the world’s biggest mining farms.…

With assembly team and samosas, IKEA lays ground…

IKEA is set to open its first store in India next month, and the world’s biggest furniture retailer is localising its offering – from the food menu to its “do-it-yourself” (DIY) assembly model – to ensure…

Argentina announces $50bn standby deal with IMF

Argentina has announced it has reached a deal with the International Monetary Fund for a three-year standby lending deal worth $50 billion. The government said it wanted the arrangement as a safety net to avoid…