World
Former VW chief goes on trial nine years after dieselgate
Former Volkswagen Chairman Martin Winterkorn appears for a trial on suspicion of fraud, making false statements and market manipulation, in Braunschweig, Germany September 3, 2024. Fabian Bimmer | Reuters Former Volkswagen Chief Executive Martin Winterkorn appeared in court on Tuesday on fraud charges over the so-called dieselgate scandal, nine years after the German carmaker was […]
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Volkswagen braces for showdown with unions after warning of possible German plant closures
The white and blue VW logo stands on the roof of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its […]
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Mongolia was meant to arrest Russia’s President Putin last night. It didn’t, and now it’s in trouble
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin and Mongolia’s President Ukhnaagiin Khurelsukh walk past honour guards during an official welcoming ceremony in Ulaanbaatar on September 3, 2024. Sofia Sandurskaya | Afp | Getty Images There’s nothing remarkable about Russian President Vladimir Putin’s visit to Mongolia on Tuesday […]
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Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO
Zilch CEO Phil Belamant. Zilch British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering. In a trading update, Zilch, which competes with the likes of Klarna and Block in the buy now, pay later space, […]
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First France, now South Korea — Telegram’s legal troubles are only growing. Here’s why
Telegram logo displayed on a broken phone screen. Illustration photo taken in Krakow, Poland on August 27, 2024. Nurphoto | Nurphoto | Getty Images Following the recent arrest of its founder in France, Telegram is now facing potential legal troubles in South Korea. The country’s chief police investigator has announced a preliminary investigation into the […]
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Rolls-Royce shares rebound 4.6% after engine issue grounds Cathay Pacific flights
A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Rolls-Royce shares opened higher Tuesday, making up […]
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Why does Couche-Tard want to buy 7-Eleven? It’s a ‘cheap’ stock, says portfolio manager
Participants taste onigiri at a product meeting for 7-Eleven Japan in Tokyo on Jan. 23, 2024. Staff and suppliers gathered to discuss flavors, textures and fillings for the Japanese riceballs, one of 7-Eleven’s most important products, with more than 2 billion sold each year. Noriko Hayashi | Bloomberg | Getty Images Alimentation Couche-Tard’s proposal to […]
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Russia signals its official stance on using nuclear weapons is about to change, accusing the West of ‘escalation’
Russian President Vladimir Putin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 7, 2024. Anton Vaganov | Reuters Russia has again hinted that it’s making changes to its official stance on the use of nuclear weapons, amid Ukraine’s continuing incursion into its Kursk border region. Deputy […]
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Harris says she opposes U.S. Steel’s sale to a Japanese firm during campaign event
Democratic presidential nominee and U.S. Vice President Kamala Harris reacts as she attends a Labor Day campaign event, at IBEW Local Union #5 in Pittsburgh, Pennsylvania, U.S., September 2, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris used a joint campaign appearance with President Joe Biden in the critical swing state of Pennsylvania on Monday to say that […]
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Venezuela issues arrest warrant for opposition leader Gonzalez, attorney general says
Hundreds of Venezuelan people, following the worldwide call of the “Great World Protest”, gather at Manco Capac square in Lima, Peru on August 17, 2024, to protest recent re-election of Nicolas Maduro in Venezuela. ‘World Rally for the Truth’ a global event organized by opposition leader Maria Corina Machado aims to This rally, follows the […]
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