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After murky gas deal, Ukraine bows to West

  Kiev / AFP The scandal was complex but its outcome potentially simple — Ukraine tried to fiddle with its murky gas sector and upset its EU partners enough to freeze huge sums of financial help. The fight for control over a profitable company that transports Russia’s blue fuel to Europe also exposes the clan warfare and backstabbing that surrounds ...

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California dreamin’ for Chinese investors in US

  Los Angeles / AFP From real estate, to high-tech firms to entertainment giants, Chinese investments in the United States, notably California, are moving at a dizzying pace and are on course to smash records again this year. Chinese companies shelled out a record $15 billion last year in the US and that figure could more than double in 2016, ...

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VW’s Winterkorn more closely involved with cheating: Bild

  Bloomberg Volkswagen AG’s former chief executive officer, Martin Winterkorn, approved a plan to disclose only partial information on the carmaker’s software rigging to U.S. authorities seven weeks before the scandal broke last year, Bild newspaper reported, citing newly uncovered documents. On July 28, 2015, Winterkorn signed off on talking points prepared ahead of an informal meeting with regulators in ...

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