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Volkswagen's supervisory board backed a restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint. The new staff cuts represent about 8% of VW’s global workforce as of the end of last year. Bloomberg's Danny Lee reports. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
[Daily Trust] The decision by Uber to wind down its ride-hailing operations in Nigeria has triggered concerns among drivers, passengers and industry stakeholders, with fears that the exit could reduce…
KUALA LUMPUR: Malaysian palm oil futures opened higher on Friday and are on track for a weekly gain after last week’s decline, as firmer crude oil prices and rival Dalian oils supported the market.
Rents in the Netherlands rose by an average of 4.4% in July compared with a year earlier, national statistics office...
Less exposure to forestry means less knowledge of the field and less interest in studying, working or starting a business in the sector, Liina Gross writes.
Fueled by a booming youth demographic, rapid urbanization, and expanding trade networks, Africa’s commercial aviation market is standing on the read more Boeing projects Africa’s commercial fleet will…
NEW YORK: World number two Elena Rybakina put on a dominant performance to beat Spain’s Jessica Bouzas Maneiro 6-2 6-4 and reach the third round of the US Open on Thursday.
