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Abuses by officials at Volkswagen AG may have cost the firm hundreds of thousands of euros (dollars), its chief executive said in comments published Saturday, broadening a scandal that has seen several executives stand down.
Samsung Group Chairman Lee Kun-hee, the powerful head of South Korea's largest business conglomerate, returned home Saturday for the first time since leaving the country last year for a medical check in the United States, a Samsung spokesman said.
StarBiz visited Xinfei Electric Co Ltd, HLA's refrigerator manufacturing plant in central China's Henan province, to find out how Datuk Teo Tong Kooi has rooted out the problems in this former state-owned enterprise and transformed it into a professionally run company.
TAIPEI (AP) - Taiwan's leading department store chain said Monday it was negotiating with its Chinese partner, after a quasi-official Taiwanese agency said the chain was involved in a major management struggle with the Beijing-based company.