Volkswagen AG Chief Executive Officer Matthias Mueller said the company will delay or cancel non-essential projects as pressure mounts to slash spending in the wake of the diesel-emissions scandal.
LONDON Oct 6 SABMiller, the brewing giant which is in talks about a potential takeover by rival Anheuser-Busch InBev, said growth accelerated in its second quarter with volumes up 2 percent.
When Starbucks signed an agreement with Square to use its mobile payment app in its US coffee shops three years ago, it was hailed as a coming-out moment for the then small payments start-up.
Over 1 million boxes of both Cheerios and Honey Nut Cheerios, that were produced at a factory in Lodi, California have been recalled, the Associated Press reports.
The settlement is significantly higher than a previously announced deal in which BP was set to pay USD 18.7 billion to resolve claims from US government entities.