October 2, 2018

Volkswagen terminates Audi CEO’s contract amid emissions probe

Volkswagen has terminated the contract of Rupert Stadler, the suspended chief executive of its premium brand Audi , amid an ongoing emissions probe. Powered by WPeMatico
October 2, 2018

Carmakers step up warnings over disorderly Brexit

Carmakers ratcheted up their Brexit warnings on Tuesday, with France’s PSA Group and Germany’s BMW both saying UK production would suffer if Britain leaves the European […]
October 2, 2018

Ryanair says willing to reach deals with unions by Christmas

Ryanair’s Chief Marketing Officer Kenny Jacobs on Tuesday said the company was working to reach deals with European trade unions by Christmas and get them implemented […]
October 2, 2018

Euro slides after Italian lawmaker talks up national currency

The euro fell to a six-week low on Tuesday after a senior lawmaker in one of Italy’s ruling parties said most of the country’s problems would […]
October 2, 2018

Volkswagen not prepared to cover full costs of diesel retrofits: source

Volkswagen is not prepared to cover the full cost of hardware retrofits for older diesel vehicles in Germany, a source at Volkswagen said, contradicting a deal […]
October 2, 2018

Futures lower as Italy worries weigh, trade relief fades

U.S. stock futures pointed to a lower open on Tuesday after anti-euro comments from an Italian lawmaker reignited investor worries over a euro zone breakup and […]
October 2, 2018

Ghosn turns to Japanese to deflect Renault-Nissan succession question

Carlos Ghosn, head of the world’s largest automotive alliance by sales, gets a lot of questions about who could replace him, and at the Paris auto […]
October 2, 2018

U.S. tech sector getting by without Facebook and Alphabet

The technology sector appears to be doing just fine on Wall Street a week after it lost two of its highest-profile components to a newly christened […]
October 2, 2018

World stocks reverse course as Italy stress grips Europe again

World stocks went south and European assets sold off on Tuesday after anti-euro comments from an Italian party official weighed on the single currency and sent […]
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