Automotive

Volkswagen CEO seeks to cool dispute over plant jobs

Volkswagen's CEO has firmly rejected claims of planned job cuts at its flagship plant, with the auto giant instead unveiling plans for a new electric car factory to rival Tesla.

Internet

Embattled Facebook releases new curbs on harassment

Facebook unveiled fresh protections Wednesday against online attacks on journalists, activists and celebrities as the social media giant battles a crisis over its platforms' potential harms.

Automotive

Former boss to pay Volkswagen record sum over Dieselgate

Former Volkswagen chief executive Martin Winterkorn will pay the auto giant a record mulimillion sum to settle a negligence claim surrounding the "Dieselgate" emissions scandal, informed sources said Sunday.

Automotive

VW seeks damages from ex-CEOs over dieselgate scandal

German auto giant Volkswagen said Friday it would seek unspecified damages from two former CEOs over the "dieselgate" emissions cheating scandal that has cost it tens of billions of euros.

Automotive

Volkswagen buries hatchet in boardroom battle

Car giant Volkswagen's supervisory board on Monday announced a deal to end infighting over top jobs and strategy that risked toppling chief executive Herbert Diess, saying the boss's strategy had their "full support".

Business

CEO of scandal-hit Wirecard resigns

The founder and chief executive of scandal-hit Wirecard resigned on Friday after the German payments provider was hit with fresh fraud allegations that have left it struggling for survival.

Business

Germany's Lufthansa inches closer to state bailout

Coronavirus-hit Lufthansa inched closer to securing a nine-billion-euro bailout from the German government after the airline's supervisory board approved the rescue plan on Monday.

Business

New turbulence in high-stakes Lufthansa rescue drama

Coronavirus-stricken airline group Lufthansa wavered Wednesday on grabbing a nine-billion-euro ($9.9 billion) German state lifeline, throwing up new turbulence for a rescue that could decide the fate of the historic company.

Business

German govt to climb aboard at Lufthansa in virus rescue

Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a nine-billion-euro ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier faces an arduous ...

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