New BNDES head Rabello says will not focus on past loans
RIO DE JANEIRO, May 26 The incoming head of Brazil's state development bank BNDES said on Friday he will not have a special focus on loans disbursed by the previous management.
FRANKFURT, April 26 Daimler said recent steps by United States authorities to investigate diesel emissions pollution and so-called auxiliary emission control devices, could lead to significant penalties and vehicle recalls.
"In light of the ongoing governmental information requests, inquiries and investigations, and our own internal investigation, it cannot be ruled out that the authorities might reach the conclusion that Mercedes-Benz diesel vehicles have similar functionalities," Daimler said in its quarterly report.
The inquiries and investigations are still ongoing, Daimler said, adding that the outcome of these probes could not be predicted.
"If these or other inquiries, investigations, legal actions and/or proceedings result in unfavorable findings, an unfavorable outcome or otherwise develop unfavorably, Daimler could be subject to significant monetary penalties, remediation requirements, vehicle recalls, process improvements and mitigation measures," Daimler said. (Reporting by Edward Taylor; Editing by Ludwig Burger)
SAO PAULO, May 26 JBS SA, the world's largest meatpacker, said on Friday that the brothers Joesley and Wesley Batista, who own the company and are ensnared in a corruption scandal that threatens to topple Brazil's President Michel Temer, have resigned from senior posts.