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.
Spain has faced a string of railway accidents in one week, including one of Europe’s deadliest in recent years, raising questions about whether main...
Hermès menswear designer Véronique Nichanian presented her final collection on Saturday at Paris Fashion Week, ending nearly four decades in the rol...
Almost 4,000 flights were cancelled across the United States on Saturday as a monster winter storm threatened to paralyse the eastern states with heav...
U.S. President Donald Trump has said he will not attend the National Football League’s Super Bowl on 8 February, citing the distance to the venue as...
Russia’s Defence Ministry said its forces had taken control of the village of Starytsya in Ukraine’s Kharkiv region on Saturday, near the border t...
Hermès menswear designer Véronique Nichanian presented her final collection on Saturday at Paris Fashion Week, ending nearly four decades in the role as she prepares to hand over to British designer Grace Wales Bonner.
Almost 4,000 flights were cancelled across the United States on Saturday as a monster winter storm threatened to paralyse the eastern states with heavy snowfall, sleet and freezing rain, while utilities from Texas to the Midwest faced power outages.
U.S. President Donald Trump has said he will not attend the National Football League’s Super Bowl on 8 February, citing the distance to the venue as the main reason.
Russia’s Defence Ministry said its forces had taken control of the village of Starytsya in Ukraine’s Kharkiv region on Saturday, near the border town of Vovchansk. Kyiv’s military did not confirm the claim, while Russian forces also reported strikes on drone and energy sites.
Firefighters were clearing the charred ruins of a Karachi shopping mall in Pakistan on Tuesday (20 January) as they searched for people still missing after a fire that burned for nearly two days and killed at least 67 people, police said.
Iran will treat any military attack as an “all-out war,” a senior Iranian official said on Friday, as the United States moves additional naval and air assets into the Middle East amid rising tensions.
Trilateral negotiations between Ukraine, Russia and the U.S. entered a second day in Abu Dhabi on Saturday, following an initial round of talks described by officials as productive.
In the snowy peaks of Davos, where the world’s most powerful leaders gather for the 56th World Economic Forum, a new narrative is emerging that challenges the current dominance of artificial intelligence (AI).
Jared Kushner, U.S. President Donald Trump’s senior adviser, unveiled plans for a “New Gaza” on 23 January in Davos. The initiative to rebuild the war‑torn territory with residential, industrial, and tourism zones accompanies the launch of Trump’s Board of Peace to end the Israel-Hamas war.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
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