Receive Breaking News updates as they occur
TOKYO (AP) — Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.
Bankers who break the rules may have to hand back bonuses up to seven years after being awarded them, the Bank of England said on Wednesday. The Bank had proposed in a consultation paper in March there could be clawback of bonuses up to six years from the date they were fully paid out.