The Guardian 03/02/20 | Vox Markets

The Guardian 03/02/20

Carmakers are bracing for a hybrid electric car price war this year as they try to avoid steep EU fines for carbon dioxide emissions. Some carmakers are struggling to hit tough new EU carbon emission rules introduced in January, which forces them to reduce the amount of carbon dioxide their vehicles emit.

Vegan fashion to come under new ‘100% animal-free’ guidelines. British Retail Consortium’s move is a response to soaring demand for ethical products.

The financial watchdog has launched an investigation into M&C Saatchi (SAA) after the advertising agency revealed an accounting scandal last year.

China’s central bank has pledged to pump 1.2tn yuan (£130bn) into its financial system in an attempt to protect its economy from the coronavirus epidemic.

John Lewis will turn over a new leaf this week when its new boss, Dame Sharon White, formally takes the throne at the troubled retail group.

Hopes that British Steel will be saved by Chinese industrial firm Jingye have suffered a blow after the French government said it could intervene to stop the deal.

Airbus, Europe’s largest aerospace multinational, is to pay a record £3bn in penalties after admitting it had paid huge bribes on an “endemic” basis to land contracts in 20 countries.

Thousands of Thomas Cook customers are still waiting to be compensated for four months after the travel group collapsed, leaving 650,000 holidaymakers with worthless future bookings.

A California judge has ordered Johnson & Johnson to pay nearly $344m in penalties for deceptive marketing pelvic mesh devices for women, as the state attorney general accused the company of putting “profits ahead of the health of millions of women”.

twitter_share

Mentioned in this post

SAA
M&C Saatchi

Profile Photo Also by