BusinessLatest Business and Company Updates
VW to cut 23,000 jobs in Germany
WOLFSBURG, Germany Volkswagen (VOWG_p.DE) unveiled plans to cut 23,000 jobs in Germany to help achieve 3.7 billion euros ($3.92 billion) in annual savings by 2020 to turn around its core brand and help fund a shift to electric and self-driving cars following its emissions scandal.The agreement foresees a 25 percent
Region
Samsung leader quizzed for over 22 hours in South Korea corruption scandal
By Se Young Lee and Ju-min Park | SEOUL SEOUL Samsung Group leader Jay Y. Lee left the South Korean special
Carrefour and Apparel Group Set to Expand Operations into India
Carrefour, the French multinational retail giant, has partnered with Dubai’s Apparel Group in a strategic move to enter the Indian market. This collaboration will focus on establishing a foothold in the northern region of the country, marking a significant step
Australian court dismisses Chevron appeal in landmark tax case | Reuters
MELBOURNE Chevron Corp lost an appeal on Friday against the Australian tax office in a landmark case in which the U.S. energy giant contested a tax bill of A$340 million ($260 million), including penalties and interest.The full bench of the
