Head of VW’s Audi arrested in Germany over diesel scandal
FRANKFURT (Reuters) – Volkswagen’s supervisory suspended crisis talks to find a stand-in boss for its Audi brand which were convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test c…
Exclusive: Airbus weighs new long-range A321 version in Boeing challenge
PARIS (Reuters) – Airbus is considering adding extra endurance to the longest-range version of its A321 passenger jet in a further effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing , industry sources said.
How U.S. tax reform rewards companies that shift profit to tax havens
(Reuters) – The corporate tax cut passed by U.S. President Donald Trump and fellow Republicans that was in part designed to help dissuade U.S. companies from moving profits overseas may instead make the practice a lot more rewarding.
Lufthansa in contact with Norwegian as airlines size up deals
BERLIN/OSLO (Reuters) – Lufthansa is in contact with Norwegian Air Shuttle, which is also the subject of bid interest from British Airways owner IAG, as the German airline looks to get involved in an expected wave of deals in the sector, its CEO told …
Audi CEO arrested in Germany over diesel scandal
FRANKFURT (Reuters) – The head of Volkswagen’s luxury arm Audi was arrested on Monday, the most senior company official so far to be taken into custody over the German carmaker’s emissions test cheating scandal.
Global stocks, oil suffer as U.S.-China trade spat heats up
LONDON (Reuters) – Global stocks slid on Monday and U.S. oil prices slumped after U.S. President Donald Trump announced tariffs on Chinese goods and Beijing responded with similar measures in an escalating trade dispute.
Audi CEO arrested: Volkswagen
FRANKFURT (Reuters) – Audi Chief Executive Rupert Stadler was arrested on Monday, a spokesman for parent company Volkswagen said.
Behind flashy IPO of Japan’s Mercari lies a thriving thrift economy
TOKYO (Reuters) – When flea market app Mercari makes its market debut on Tuesday, it will mark the appearance of one of Japan’s rarest beasts: a tech unicorn.
Lufthansa in contact with Norwegian Air, CEO says
BERLIN (Reuters) – Lufthansa is in contact with Norwegian Air Shuttle , also the subject of bid interest from British Airways owner IAG , the German group’s chief executive told a German daily, sending Norwegian’s shares higher.
Lufthansa says in contact with Norwegian Air: CEO in paper
BERLIN (Reuters) – Lufthansa is in contact with Norwegian Air Shuttle , also the subject of bid interest from British Airways owner IAG , the German group’s chief executive told a German daily, sending Norwegian’s shares higher.
