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Finance & Markets

Metsola's re-election drive puts Socialists under pressure

The European People’s Party is set to bank on a third mandate for the Maltese leader, who is popular among MEPs. This is a concern for the S&D group, which claims to be entitled to the presidency according to an informal agreement among centrist political forces.

We haven't written up this one. Euronews has the full story — the link below goes straight to it.

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Volkswagen controlling families call for faster overhaul to fend off Chinese rivals

Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands.

  • Volkswagen family shareholders demand faster overhaul to counter Chinese rivals.
  • Porsche SE urges job cuts of up to 100,000 and cost reduction.
  • Porsche SE holds 31.9% stake and 53.3% voting rights in Volkswagen.

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