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.
Pope Leo continued his visit to Türkiye in Istanbul on Thursday (27 November), following a round of meetings in Ankara. This marks his first trip out...
Israeli forces shot dead two Palestinians in the West Bank during a raid, despite the men appearing to surrender and being unarmed....
Acting U.S. Ambassador Alan Purcell met with Georgia’s Finance Minister Lasha Khutsishvili to discuss economic ties, sanctions, and Georgia’s pote...
Ukraine and Russia signalled cautious openness to a U.S.-backed draft peace plan on Thursday, with both Kyiv and Moscow suggesting it could form the b...
Iran’s Foreign Minister Abbas Araghchi visited Paris on Wednesday in a rare visit by an Iranian top diplomat in recent years....
Israeli forces shot dead two Palestinians in the West Bank during a raid, despite the men appearing to surrender and being unarmed.
Pope Leo continued his visit to Türkiye in Istanbul on Thursday (27 November), following a round of meetings in Ankara. This marks his first trip outside Italy since being elected in May as the leader of the 1.4-billion-strong Catholic Church.
Acting U.S. Ambassador Alan Purcell met with Georgia’s Finance Minister Lasha Khutsishvili to discuss economic ties, sanctions, and Georgia’s potential role in the U.S. TRIPP regional initiative.According to the U.S. Embassy in Tbilisi, the discussion touched on Georgia’s economic development, U.S.
Venezuela says it has deployed a range of weapons, including decades-old Russian-made equipment, and plans to mount guerrilla-style resistance in the event of an air or ground assault particularly from the U.S.
A passenger aircraft from Polish carrier LOT veered off a taxiway at Lithuania's Vilnius airport after arriving from Warsaw on Wednesday, halting all traffic, the airport operator said.
The Hayli Gubbi volcano in Ethiopia’s Afar region erupted on Sunday morning (23 November), covering nearby villages in ash.
At least 36 people have died in a fire that ravaged a residential apartment complex on Wednesday according to John Lee the chief executive of Hong Kong.
SSC Napoli secured a 2-0 victory over Qarabağ FK in their UEFA Champions League group stage clash at the Stadio Diego Armando Maradona in Italy.
European Union ministers will urge senior U.S. trade officials to implement more elements of the July EU–U.S. trade deal on Monday, including cutting tariffs on EU steel and lifting duties on goods such as wine and spirits.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
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