Business

VW Scandal: CEO Matthias Muller Addresses Top Management

Volkswagen’s new CEO Matthias Muller has said the automaker can shine again in two to three years. Addressing the company's…

9 years ago

VW Recalls 8.5 Million Vehicles in Europe over Emissions Scandal

VW has announced it will recall 8.5 million vehicles in Europe as a result of the diesel emissions scandal. The…

9 years ago

VW Scandal: Germany Forces Recall of 2.4 Million Affected Cars

Germany's automotive watchdog, the KBA, has ordered VW to recall 2.4 million vehicles in the country as a result of…

9 years ago

Wal-Mart Shares Slide on Lower Earnings Forecast

Wal-Mart shares fell 10% in afternoon trading after the company warns earnings will be below forecasts. The stores giant warned…

9 years ago

US Retail Sales Rise 0.1% in September 2015

According to the United States Department of Commerce figures, US retail sales grew by only 0.1% in September 2015. Economists…

9 years ago

Bank of America Beats Earnings Expectations in Q3 2015

Bank of America has reported a net profit of $4.07 billion for Q3 of 2015 against a loss of $470…

9 years ago

Omid Kordestani Joins Twitter as Executive Chairman

Former senior Google executive Omid Kordestani has been appointed as the new executive chairman of Twitter. Omid Kordestani, 53, joined…

9 years ago

China CPI Slows More than Expected in September 2015

China’s consumer price index (CPI) rose 1.6% in September 2015 compared with a year earlier, the country's National Bureau of…

9 years ago

Apple Faces $826M Damages after Losing Patent Case to University of Wisconsin

Apple could be facing up to $862 million in damages after losing a patent case to University of Wisconsin. The…

9 years ago

Toyota Plans to Eliminate Carbon Emitters by 2050

Toyota has announced it is planning to all but eliminate carbon emissions from its production processes by 2050. The target…

9 years ago