Volkswagen fined one billion euro by German prosecutors over dieselgate
BERLIN: Volkswagen has been fined 1 billion euros (US$1.18 billion) by public prosecutors in Germany over diesel emissions cheating and said it will accept the fine, therefore admitting responsibility for the scandal.
"Following thorough examination, Volkswagen AG accepted the fine and it will ...
Shaun Abrahamson Contributor Shaun Abrahamson is a managing partner at Urban Us Ventures and serves on the Investment Committee at URBAN-X. The design and operation of cities is the province of urban planning. But an explosion of startups in cities means a lot of new products and services for urban areas. The problem is, we […]
(July 20): Having an office in Hong Kong is getting pricier.
Hong Kong's population — numbering more than 7 million — has a limited amount of land to potentially inhabit, which has positioned Hong Kong to be the world's most expensive housing market. Now, a number of mainland Chinese firms are moving in and driving up costs of already expensive office space.
In fact, the city's Central district was recently ranked the world's most expensive office space for a third year in a row, according to a report from commercial real estate firm CBRE.