Today: Investors celebrate VW agreement – Checking Vanguards new World ETF
Volkswagen averts a historic escalation in a dispute over a savings package - the stock reacts significantly. Also: Why the Vanguard FTSE Global All-Cap ETF is not without weaknesses.
Volkswagen's supervisory board has unanimously approved the company's restructuring plan, averting a potential escalation. The plan, led by CEO Oliver Blume, includes the elimination of 50,000 jobs worldwide. The approval came after another key vote was postponed. The plan was agreed upon after weeks of dispute.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
