Porsche to pay $ 80 million to resolve fuel economy claims on US vehicles

June 16 (Reuters) – Volkswagen AG (VOWG_p.DE) and its Porsche AG unit have agreed to a class-action settlement worth at least $ 80 million to resolve claims it skewed emissions and fuel economy data on 500,000 Porsche vehicles in the United States, court documents show. The settlement, filed in US District Court in San Francisco, … Read more

Enel eying US market for grid business

MILAN, May 16 (Reuters) – Italy’s Enel (ENEI.MI) is keeping an eye on the United States for the development of its power distribution grids business as it presses ahead with plans to expand its digital footprint. “I personally would like to have a grid in the US … it makes sense for us,” the group’s … Read more

DLA Piper poaches Linklaters energy-focused finance partner in Hong Kong

Signage is seen outside of the law firm DLA Piper in Washington, DC, US, August 30, 2020. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Chen joins DLA Piper as a partner from Linklaters in Hong Kong She focuses on energy project financing in Greater China and projects under China’s Belt and … Read more