Volkswagen is negotiating directly with the U.S. government to ease tariffs in exchange for deeper investment commitments.
Volkswagen CEO Oliver Blume confirmed that the company is in talks with the U.S. government over potential tariff relief and future investments. While the main contact is reportedly U.S. Secretary of Commerce Howard Lutnick, the matter has also reached President Donald Trump. Blume stated that Volkswagen is eager to expand its investments in the U.S., where it already employs over 20,000 people directly and more than 55,000 indirectly.
Blume stressed that foreign companies investing in the U.S. should be offered favorable terms. Meanwhile, Handelsblatt reports that Mercedes-Benz and BMW are also seeking to negotiate tariff arrangements with the U.S. government.
Mexico City residents and visitors viewed one of the country's most important private art collections in its final days before it heads to Europe, ami...
Spanish military firefighters worked through the night into Sunday to contain the La Mierla wildfire, which continued to spread across Guadalajara pro...
At least two Palestinians were killed and others injured early Sunday in Israeli artillery and airstrikes in the Gaza Strip amid ongoing violations of...
Spanish military firefighters worked through the night into Sunday to contain the La Mierla wildfire, which continued to spread across Guadalajara province in central Spain.
At least two Palestinians were killed and others injured early Sunday in Israeli artillery and airstrikes in the Gaza Strip amid ongoing violations of a ceasefire.
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute to the fallen troops as Iran warned of further escalation.
At least 10 people were killed and several others reported missing after flash floods struck Rajouri city in Indian-administered Jammu and Kashmir on Sunday, according to local media.
The U.S. military said it completed a sixth consecutive night of strikes on Iran late on Thursday, targeting logistics infrastructure and maritime capabilities. Iran responded by launching strikes at U.S. bases in neighbouring countries.
The United States launched a seventh consecutive night of strikes on Iran as Tehran targeted U.S. allies in the Gulf, while tensions remain high in the Strait of Hormuz.
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute to the fallen troops as Iran warned of further escalation.
Ontario Premier Doug Ford has criticised U.S. President Donald Trump's comments blaming Canada for wildfire smoke affecting parts of the United States. He called Trump's remarks "absolutely unacceptable" as crews battle hundreds of forest fires across the province.
Controversial influencers Andrew and Tristan Tate have been arrested in the United States on Saturday after British prosecutors filed fresh rape, trafficking and sexual assault charges against the brothers and requested their extradition to the UK.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
AI-powered shopping assistant Phia has been accused of using "cookie stuffing" to claim affiliate commissions for purchases it did not generate, according to a Bloomberg investigation. The company says the issue has now been resolved.
The UK government has nationalised British Steel, taking full ownership of the country's only primary steelmaker from its Chinese owners to safeguard the future of the UK's steel industry.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
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