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BBCNEWS Business Briefing December 7, 2017

The judge described Oliver Schmidt as a key conspirator in this scheme to defraud the united states. Andrew plant reports. Oliver schmidt, once one of volkswagens top american employees, now sentenced to seven years in prison. A car manufacturer in a competitive market, vw admitted fitting around 11 million diesel cars with what is called a defeat device. It meant the cars could sense when they were running in the uniformed conditions of a testing lab and automatically reduced their emissions. Cheating a test the vehicles should never have passed. It meant that schmidt was able to certify that vw diesels complied with strict american standards and that meant boosting sales targeting environmentally conscious customers with supposedly cleaner cars. The scandal came to light in 2015. Oliver schmidt is the second employee sent to prison. A veteran vw engineer was given a0 months in august. Schmidt was arrested while on holiday in mia ....

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BBCNEWS The Briefing December 7, 2017

This all we will brief you on all you need to know in global news and business and sport, also in the programme, caught the traditional art form of pizza making the added to the uns World Heritage list . Residents of naples have high hopes for that. A Unesco Committee will decide today. So what would you nominate if you were on the panel . Suggestions, please to bbcthebriefing. Lets begin. One of the closest allies of the us in the middle east, saudi arabia, has condemned President Trumps decision to recognise drew russell is the capital of israel. Jerusalem. Recognise drew russell is the capital of israel. Jerusalem. The statement from the saudi court said the movies unjustified and irresponsible and urged the administration to reverse their decision. The palestinian president warned of dangerous consequences to the ....

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BBCNEWS World Business Report September 29, 2017

Risk eu leaders gather in tallinn for a digital summit amid warnings cybercrime has risen to unprecedented levels. Plus, first the hurricane, now the financial storm. Puerto rico battles bankruptcy and billions of dollars in debt as it struggles to rebuild. Welcome to World Business report. Im rachel horne. In a moment china ups the economic pressure on north korea as the us secretary of state heads to beijing for talks. But first, we start in the estonian capital tallinn, where European Union leaders are gathering for a digital summit. Theyll be talking about the opportunities of new technology but also some of the risks of increasing digitalization. Lets show you some of the details. Digital business is already the Fastest Growing area of trade in the eu, but it could be a lot bigger. The eu says almost 9. 5 billion a ....

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