What the FluxWhat the Flux

Volkswagen in Aus: Record $125M fine | Asahi: After big Aussie buys, cutting down debt | Alibaba whacked with $4.9B fine from China

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A record $125 million fine for Volkswagen has been upheld in Australia - after the company falsely represented the emissions standards of its cars.

 

After spending $14.5 billion to buy the Aussie operations of Anheuser-Busch InBev, Asahi wants to reduce its debt by 50%.

 

China has fined Alibaba, the Amazon of China, $4.9 billion for anti-competitive behaviour.

 

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