Relatives of victims of Germanwings Flight 9525 can expect a complete, fair and swift settlement of insured costs, although final assessments will take some time, the insurers of the flight and Germanwings parent Lufthansa pledged.
NuVasive Inc. said Chairman and Chief Executive Alex Lukianov resigned after an investigation overseen by the medical-device company’s board found he didn’t comply with some of its expense reimbursement and other policies.
Russian state-controlled energy group OAO Rosneft has settled all outstanding litigation with former minority shareholders of Yukos whose main assets it took over in 2007 after the oil giant was bankrupted by the Kremlin.
General Motors Co. and Ford Motor Co. posted lower vehicle sales in the U.S. in March, while Fiat Chrysler Automobiles NV posted a 1.7% uptick as strength in its Jeep brand helped to offset a calendar impact.
China is tightening control over the largely unregulated world of Chinese e-commerce, a booming sector that has built up behemoths but also contributed to the proliferation of fake and substandard goods and questionable business practices.