15/03/2019 14:24
Volkswagen and former boss face US lawsuit over Dieselgate
The US is suing Volkswagen, accusing the German carmaker of "massive fraud" over the diesel emissions scandal.
The Securities and Exchange Commission (SEC) claims the firm misled investors by issuing billions of dollars worth of bonds and securities, without disclosing that it had cheated emissions tests.
Volkswagen's former chief executive Martin Winterkorn is also being sued.
The company said it would contest the SEC lawsuit vigorously.
VW first admitted in September 2015 that it had used illegal software to cheat US emissions tests. But between April 2014 and May 2015 the carmaker sold $13bn (£10bn) of bonds and securities to US investors, at a time when executives were already aware that illegal software had been installed to manipulate emissions tests, according to the SEC's suit.
In case you have found a mistake in the text, please send a message to the editor by selecting the mistake and pressing Ctrl-Enter.
Newsfeed
21/11/2024 18:01
"Green mindset", the fight against landslides and creation of jobs in the communities։ Viva and “My Forest Armenia” NGO are creating a forest again
19/11/2024 13:06
SKY express inaugurated new connection between Yerevan and Athens
15/11/2024 18:50
Founder of “Infosys” Narayana Murthy visits Viva’s office
13/11/2024 16:35
Acba bank and American Express Expand Collaboration in Armenia
11/11/2024 17:21
Armenian Card introduces the ArCa Pay system
09/11/2024 15:57
The history of Armenia cannot have a positive way out unless those responsible for the defeat in the 44-day war are held accountable. Ex-Ambassador Mikayel Minasyan
07/11/2024 15:16
“VOYAGE 30” from Viva: 1000 MB Internet in roaming now permanently for AMD 1500/30 days
07/11/2024 10:48
15 cutting-edge Apple devices for Byblos Bank Armenia Mastercard Digital cardholders
06/11/2024 10:32
Benefector Karen Vardanyan donated 119 million drams to two military sports colleges
05/11/2024 11:10
Byblos Bank Armenia stands by 90-year-old YSU Faculty of Economics and Management
31/10/2024 15:16
From enclosed worlds to new realities: 18 years of cooperation full of success stories
29/10/2024 18:01
Minimal investment, cost savings, and increased sales։ Organizations using Viva’s Virtual PBX achieve maximum results
28/10/2024 10:30
Viva service center - at Gogavan state border check point
10/10/2024 17:45
Viva sees growing demand for cloud services
10/10/2024 10:30
Businessman and benefactor Mikayel Vardanyan was awarded the title of Honorary citizen of Masis community
03/10/2024 15:05
Trip to Dubai: Exciting new campaign for Byblos Bank Armenia premium cardholders
03/10/2024 13:40
The stamp dedicated to the 75th anniversary of Hrant Vardanyan, the founder of "Grand Holding", was issued
03/10/2024 10:35
Chat-Assistant in “My Viva”: new digital tool for online communication lovers
02/10/2024 19:27
Ameriabank’s Special Offer for New Mastercard Holders. 1% Cashback and Lots of Gifts
30/09/2024 16:17
Byblos Bank Armenia named General Sponsor of YSU Faculty of Economics and Management's 90th anniversary events
26/09/2024 10:45
Armenian confectionery production counts a century-long history. "Grand Candy" celebrates the 100th anniversary of creation of Armenian sweets
25/09/2024 12:32
Large-scale upgrade in Team Telecom Armenia's network
24/09/2024 18:24
Amundi-Acba Launches Academy to Enhance Financial Literacy and Professional Development
20/09/2024 16:53
Best startup ideas of “Get Started” revealed
19/09/2024 18:42
“Yandex Plus” and “Kinodaran” within Viva’s “START+” prepaid tariff plan
19/09/2024 13:57
Catalyst for growth and innovation: Viva presents new “Narrow Band-IoT” tariff plan
13/09/2024 12:24
5 more YSU students awarded AMD 1 million scholarship each: Byblos Bank Armenia continues to motivate young minds
11/09/2024 16:21
“Virtual PBX”: effective business management tool from Viva
11/09/2024 10:49
Barerar.am is a new platform that provides an opportunity to provide assistance to needy families directly and without any mediation
09/09/2024 14:11
Nokia and Team Telecom Armenia bring 25G PON commercial services to customers across Armenia
31/08/2024 12:03
“Remote hands” for any business from anywhere Viva offers a reliable and flexible server support service
30/08/2024 15:09
Achieving self-development with “Viva University”
30/08/2024 14:55
It pains me that those who fought for their nation and homeland have been consigned to oblivion. Mikayel Minasyan
29/08/2024 17:04
Kyiv Announces Plans to Transport Azerbaijani Gas to Europe Instead of Russian
29/08/2024 16:58
"Spayka" Threatens Our Livelihood: Export Truck Drivers Protest
29/08/2024 16:50
Russia Reaffirms Commitment to Armenia Partnership
29/08/2024 16:00
Armenia Plans to Amend the Constitution in 2027
25/08/2024 11:01
Theories of Conspiracy Among Armenians: Ambassador Mikael Minasyan's Analysis
23/08/2024 14:45
Around 100,000 households are making use of Team's Internet; 2nd quarter indicators
16/08/2024 14:34
Unlimited YouTube for AMD 3000 monthly
14/08/2024 15:27
Armenian Tax Authority Proposes Draconian Measures Against Businesses
14/08/2024 15:19
Massive Fire Engulfs Moscow’s RIO Shopping Center
14/08/2024 15:09
Azerbaijan Levels Mokhrenes Village in Artsakh
14/08/2024 15:01
Mikayel Minasyan, former ambassador and son-in-law of ex-President Serzh Sargsyan, is back in the spotlight
12/08/2024 15:15
First steps in establishing a startup with “Get Started”
12/08/2024 11:22
12-year-old Gabriela Harutyunyan aims for the European chess champion’s title
10/08/2024 13:56
VOYAGE 30 - 1000 MB of Internet, for only AMD 1500/Activation through “My Viva” application
02/08/2024 17:55
Unlimited Internet from Viva becomes even more affordable
29/07/2024 14:34
Wi-Fi Calling. calls and SMS abroad at the same rates as in Armenia
25/07/2024 17:51
Ameriabank Receives 3 Awards for Excellence by Euromoney: the Best Bank, the Best Digital Bank, and the Best Bank for SMEs in Armenia for 2024
23/07/2024 15:41
Byblos Digital Cards: Tailored for a generation opting for everything digital
22/07/2024 18:16
EBRD and Ameriabank to support Armenian businesses through stable trade finance funding
19/07/2024 13:38
Business Leadership in the Era of Internet of Things (IoT) and Digital Transformation
11/07/2024 19:41
“VOYAGE 30” Internet roaming: 1000 MB for just AMD 1500
03/07/2024 16:31
Ameriabank and COAF Pool Efforts to Develop Beekeeping in Lori Region
01/07/2024 18:11
Viva: Armenia's leading technology company introduces a new trademark
01/07/2024 13:05
Cumulative deposit on flexible terms. Byblos Bank Armenia's new offer
26/06/2024 12:15
Viva-MTS: Green technologies in Gomq
24/06/2024 18:20
“Viva University”: self-development and specialization platform for students․ About 300 graduates in 9 years
20/06/2024 12:15
“Dream big, start small”: Anna from Artsakh participates in “Get Started”
18/06/2024 11:00
Viva-MTS: Four families displaced from Artsakh have become beneficiaries of the "Individual Assistant" program
14/06/2024 19:08
EventHub.am is the official ticketing agent for the concert of the world renowned Black Eyed Peas in Tbilisi
04/06/2024 11:22
Byblos Bank Armenia puts children first: June 1 event celebrates childhood, imagination
31/05/2024 10:15
Karen Vardanyan donated 118 million drams to the National Center for Burns for the medical equipment
29/05/2024 16:56
EPIC Applauds EWC Armenia 2024 National Prizewinners Three Victorious Startups Advance to Global Competition
23/05/2024 18:05
Welcome to CaseKey 2024. Byblos Bank Armenia firmly stands by future innovators
23/05/2024 12:01
New technologies as guarantees for wildlife conservation and rural development
22/05/2024 16:06
Tariff plan “TOURIST UNLIM”: Unlimited Internet while travelling in Armenia
21/05/2024 15:45
Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora
20/05/2024 18:01
Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC
16/05/2024 17:03
“Get Started”: An educational platform for young startuppers
16/05/2024 15:40
Byblos Bank Armenia celebrates Students' Day with scholarship recipients
08/05/2024 15:42
Viva-MTS: modern technological solutions to modernize the infrastructure of the border village
25/04/2024 18:46
Solar photovoltaic station at the kindergarten of the border village Yeraskh
22/04/2024 13:06
Caring for nature, we have started with ourselves - Team Telecom Armenia
18/04/2024 11:27
New streets in Koti equipped with illumination operated via automatic and remote control
11/04/2024 10:30
Byblos Bank Armenia donates AMD 5 million to Health Fund for Children of Armenia
06/04/2024 14:34
Viva-MTS sums up the financial results for 2023 and confirms its leadership in the sector
02/04/2024 12:20
Success story resulting from continued support. From music therapy to the conservatory
29/03/2024 14:41
Ameriabank named the Best Bank in Armenia for 2024 by Global Finance magazine
28/03/2024 14:02
IoT Lab opens at National Polytechnic University of Armenia
26/03/2024 16:58
“START+”: “Kinodaran” without subscription fee, 10 GB internet, 1000 minutes and favorite apps without any limits
25/03/2024 16:14
Change in Viva-MTS company name and General Terms of Provisioning Services
22/03/2024 17:24
Marzes remain in the focus of attention of Viva-MTS: New service center opened in Tchambarak
21/03/2024 14:12
In 2023, the SME Loan Portfolio of Ameriabank Reported More Than 30% Growth
19/03/2024 10:20
Mikael Vardanyan donated 117 mln drams for garbage trucks and 230 waste bins for Masis community
14/03/2024 18:12
New technologies at the core of rural infrastructure development
13/03/2024 16:32
The number of Team mobile subscribers is over 1 million
13/03/2024 13:01
“RED”: fixed and mobile services in one package for customers valuing convenience and quality
11/03/2024 14:51
Global Finance Recognizes Ameriabank's Leadership in Sustainable Finance in Armenia
06/03/2024 14:07
Byblos Bank Armenia named CaseKey title sponsor again
05/03/2024 13:36
Doing Digital Forum Returns Featuring Brett King as Keynote Speaker
01/03/2024 18:42
"The Innovator's Dilemma": Byblos Bank Armenia supports publication of Armenian edition
29/02/2024 16:45
“Personal Assistant” program changes popular mindset in regions
27/02/2024 18:12
Viva-MTS: 30-day internet-package for the many destinations within “VOYAGE” service
22/02/2024 17:53
The kindergarten of Armavir village is already being supplied with solar photovoltaic panels
19/02/2024 16:53
Viva-MTS, a company cultivating reading traditions
19/02/2024 12:48
Ameriabank set to join BOGG, a London Stock Exchange (LSE) listed financial group as a standalone entity
14/02/2024 14:53
Years of hard work and a sustainable approach to infrastructure development in regions
07/02/2024 14:49
Virtual PBX: Smart tool for corporate clients
