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.
Heavy rainfall in Mexico has left at least 27 people dead and more missing, authorities said on Friday, as downpours triggered several landslides, cut...
The United Nations relief and works agency has said that it has enough food to feed every Palestinian in Gaza for three months while expressing hopes ...
Emergency crews restored power to many parts of Ukraine after an overnight Russian drone and missile attack on Friday struck energy facilities, plungi...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 11th of October, covering the latest developments you need to ...
U.S. President Donald Trump reignited the trade conflict with Beijing on Friday, ending a fragile truce between the world’s two largest economies by...
Heavy rainfall in Mexico has left at least 27 people dead and more missing, authorities said on Friday, as downpours triggered several landslides, cut off power in some municipalities and caused rivers to burst their banks.
The United Nations relief and works agency has said that it has enough food to feed every Palestinian in Gaza for three months while expressing hopes of an expected aid surge.
Emergency crews restored power to many parts of Ukraine after an overnight Russian drone and missile attack on Friday struck energy facilities, plunging large districts of Kyiv and other areas into darkness and cutting water supplies.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 11th of October, covering the latest developments you need to know.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
A federal jury in Marshall, Texas, ruled on Friday that Samsung Electronics must pay nearly $445.5 million in damages to patent holder Collision Communications for infringing patents linked to 4G, 5G, and Wi-Fi communication standards.
Gold prices rose above $4,000 an ounce for the first time on Wednesday, fuelled by investor demand for safe-haven assets amid rising geopolitical tensions and expectations of U.S. interest rate cuts.
U.S. shares ended Tuesday in negative territory as investors, cut off from official economic data due to the ongoing government shutdown, looked to alternative indicators and comments from Federal Reserve officials for guidance on economic weakness and monetary policy.
Elon Musk’s artificial intelligence startup xAI is targeting a $20 billion capital raise linked to Nvidia hardware, Bloomberg News has reported.
Türkiye’s benchmark stock index, the BIST 100, closed Tuesday at 10,814.11 points, up 0.74% from the previous session.
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