Tough times for enterprises all around the world. Credit Suisse became the biggest lender in 20 years to plead guilty to the US authorities. Helping rich Americans evade taxes will cost the Swiss bank a $2.5 billion fine.
The digital economy is not immune to problems as the competition watchdog in Italy started a probe into TripAdvisor for possible unfair practices. The review website is allegedly not doing enough to fight fake comments that hurt businesses. Expedia and Booking.com are also under scrutiny.
But trouble can also come from a simple miscalculation. Something went horribly wrong in France where railway operators admitted they bought hundreds of trains that simply won’t fit in the stations. Fixing the problem will cost millions.
And McDonald’s was under the spotlight from growing employee unrest over low wages.
That’s all in this edition of Business Weekly.