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.
At least 11 people have been killed and several others injured after a fire broke out late Tuesday evening at a home for the elderly in Tuzla, norther...
A driver has rammed into pedestrians and cyclists on France's tourist-frequented Ile d'Oleron island off the Atlantic coast on Wednesday and two peopl...
China and Russia pledged to strengthen financial and economic cooperation during their 11th ministerial dialogue in Beijing, highlighting plans for jo...
An internationally coordinated action against alleged online fraud and money laundering networks that included German payment service providers result...
Premier Li Qiang said on Wednesday that China's economy will exceed 170 trillion yuan ($23.87 trillion) by 2030, presenting a big market opportunity f...
At least 11 people have been killed and several others injured after a fire broke out late Tuesday evening at a home for the elderly in Tuzla, northern Bosnia, officials and local media reported.
A driver has rammed into pedestrians and cyclists on France's tourist-frequented Ile d'Oleron island off the Atlantic coast on Wednesday and two people are in intensive care, Interior Minister Laurent Nunez said.
China and Russia pledged to strengthen financial and economic cooperation during their 11th ministerial dialogue in Beijing, highlighting plans for joint action in global governance and multilateral institutions.
An internationally coordinated action against alleged online fraud and money laundering networks that included German payment service providers resulted in 18 arrests, German authorities said on Wednesday.
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
At least 37 people have died and five are missing after devastating floods and landslides hit central Vietnam, officials said Monday, as a new typhoon threatens to worsen the disaster.
The eastern Ukrainian city of Pokrovsk has emerged as a critical point in Russia’s campaign to seize the remaining Ukrainian-held parts of Donetsk, and its fate could shape the course of the conflict in the region.
Israel’s top military legal officer Yifat Tomer-Yerushalmi, who resigned last week, has been arrested over the leak of a video showing soldiers brutally assaulting a Palestinian detainee at the Sde Teiman military prison.
Tanzania's President Samia Suluhu Hassan vowed on Monday to move on from deadly protests set off by last week's disputed election as she was sworn into office for her first elected term.
Premier Li Qiang said on Wednesday that China's economy will exceed 170 trillion yuan ($23.87 trillion) by 2030, presenting a big market opportunity for the world as trade restrictions rise globally.
Jamaican Prime Minister Andrew Holness on Tuesday said that last week's Hurricane Melissa, the strongest-ever storm to hit its shores, caused damage to homes and key infrastructure roughly equivalent to 28% to 32% of last year's gross domestic product.
French judicial authorities announced on Tuesday that they had launched an investigation into the Chinese social media platform TikTok, focusing on the potential dangers of its algorithms pushing young people towards suicide.
Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue.
Microsoft has agreed a $9.7 billion partnership with data centre operator IREN, granting it access to Nvidia’s latest chips in a move designed to ease the computing bottleneck that has hampered the company’s ability to fully capitalise on the artificial intelligence boom.
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