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Jaede said this would only have been legitimate if a settlement could have been reached quickly and VW had cooperated with the U.S. authorities to the best of its efforts. The judge told the opening day of the trial that VW’s decision between 2005 and 2007 to install cheating software in diesel vehicles was illegal, but it was not clear that the intent was to deceive investors. Fund manager Deka Investment brought the case, known in German as a Musterklage, or specimen claim. The outcome of the case could apply to a further 1,670 similar shareholder claims.

BERLIN (Reuters) - Germany’s consumer protection association and auto club ADAC will on Wednesday present a class action against Volkswagen over the carmaker’s manipulation of emissions software, The association, known as vzbv, said on Tuesday it wants to get compensation for some two million owners of Volkswagen diesel cars that are not as environmentally friendly as the company said they are at the british six pence coin cufflinks - hand painted | uk time of purchase, The class action was made possible after the German cabinet approved a draft law in May that to make it easier for people to join a legal test case, avoiding high costs that might otherwise put them off bringing legal action..

(Reuters) - Cadbury owner Mondelez International (MDLZ.O) is stockpiling ingredients, chocolates and biscuits in Britain to avoid interruptions to business in the event of a hard Brexit. The preparations are the latest from a growing list of big companies unsettled by the lack so far of an exit deal as Britain’s planned March 29 departure from the European Union looms ever larger. While many manufacturers in Britain clearly desire a Brexit deal that would allow the free flow of products, Mondelez is preparing for the worst, The Times reported bit.ly/2MjCYjJ on Tuesday, citing the president of the company's European division.

“We are stocking higher levels of ingredients and finished products,” Hubert Weber was quoted as saying, with the paper adding that the Mondelez contingency plans are in place because the UK is not self-sufficient in british six pence coin cufflinks - hand painted | uk terms of food ingredients, In an emailed statement, a Mondelez spokeswoman said: “Like all businesses, we’re monitoring the political decision-making process and preparing for a number of potential outcomes, “We stand by Hubert Weber’s comments and have nothing further to add at this time.”..

Many commodities used by British manufacturers, such as sugar, wheat and cocoa, are either often produced domestically or imported from outside the European Union. Cadbury process cocoa in a plant in Chirk in Wales and mixes it with milk and sugar to create the base chocolate product – chocolate crumb – in Marlbrook, Herefordshire. The milk is sourced locally. Other sectors, including pharmaceuticals and manufacturing, have also begun or are planning to begin stockpiling. “With uncertainty prevailing around the UK’s post-Brexit trading position, stockpiling could help some businesses to mitigate possible supply shortages,” said Mark Waterman at Vendigital, a consultancy that helps companies to prepare for Brexit. “However, stocking high levels of raw materials could put pressure on cash flow.”.

LONDON (Reuters) - Consumer goods giant Unilever (ULVR.L) (UNc.AS) laid out details on Tuesday for the planned December listing of its new Dutch entity, which has sparked criticism from some UK shareholders and british six pence coin cufflinks - hand painted | uk become swept up in the debate over Brexit, The maker of Dove soap, Lipton teas and Ben & Jerry’s ice cream has said ending its dual Anglo-Dutch structure is a purely business move to improve corporate governance and make it more agile, particularly with regard to big mergers and acquisitions..

But the decision in March to make Rotterdam its main headquarters caused controversy in Britain, where opponents of Brexit warned it was a sign of business losing faith in the country. Brexit supporters, meanwhile, pointed to Unilever’s ongoing commitment to its UK staff and operations. The decision, which is pending shareholder approval, also faces pushback from some UK investors. It will likely see Unilever drop out of Britain's blue chip FTSE 100 index .FTSE, which could cause forced selling by UK funds mandated to track the index.

A promise by the Dutch government to scrap its 15 percent withholding tax on dividends was seen as helping to sway Unilever to the Netherlands, Yet the promise faces opposition by domestic critics and has become a hot political issue, Unilever unveiled a back-up plan on Tuesday which it can use in case the tax is not abolished or until it is repealed, It said it may british six pence coin cufflinks - hand painted | uk use a dividend “substitution payment mechanism,” which involves distributing capital in a way that does not trigger the tax..

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