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A good thing too as it will need deep pockets to cover the liabilities from the dieselgate scandal. Following the diesel scandal in 2015, net liquidity in the automotive division fell by just 8.9 percent, to 23.6 billion euros. The expansion of the global model and technology portfolio in the period under review also led to higher depreciation and amortization charges. The MAN and Scania commercial vehicle brands also increased profits by 28 million and 80 million euros respectively.
  • Volkswagen eyes options for motorbike brand Ducati

    Volkswagen eyes options for motorbike brand Ducati

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    The report further added that Volkswagen has appointed investment banking firm Evercore for evaluation of a possible sale of the Ducati brand. When contacted by the news agency, both Audi and Evercore chose not to comment. After shelving numerous motorsport programs and putting less-successful model variants on the firing line, Volkswagen is reportedly considering selling off Ducati , its motorcycle division.
  • Canada braces for 'tough times' in USA lumber dispute

    Canada braces for 'tough times' in USA lumber dispute

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    The U.S. action is unwarranted and uses the arguments previously rejected by panels convened by North America Free Trade Agreement panels, West Fraser Timber Co. If those deals go through, that means 20 to 25 of the 58 farms dropped by Grassland Dairy will still need to find other buyers by Monday. One person in the room said Trump threatened that dairy could be next.
  • United CEO Says Airline Won't Use Law Enforcement Officers To Remove Passengers

    United CEO Says Airline Won't Use Law Enforcement Officers To Remove Passengers

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    United spokeswoman Megan McCarthy said Wednesday that the passengers can take the compensation in cash, travel credits or miles. The extraordinary move comes following an extraordinary event. A lawsuit hasn't been filed. Dao was removed from the flight out of Chicago's O'Hare to make room for United crew members who needed to board to work a different flight.
  • Trump says Paris attack will help Le Pen in election

    Trump says Paris attack will help Le Pen in election

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    According to Le Monde, security services detained and interrogated Cheurfi in February, after he made threats online, and investigated him again last month, when he attempted to contact foreign-based jihadists, but failed to gather enough evidence to charge him with any crimes, while acknowledging that he was "excessively unsafe and violent".
  • Reliance Industries reports 11.5% rise in Q4 net profits

    Reliance Industries reports 11.5% rise in Q4 net profits

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    The gross refining margin per barrel of crude - a key profitability gauge for refiners - was $11.50 for the quarter, against $10.80 a year earlier. For fiscal 2017, RIL's turnover stood at Rs 2.93 lakh crore, 12.6 higher than in fiscal 2015-16; while the net profit reported by the company remained flat at Rs 29,901 crore.
  • Christian Dior Couture bought by LVMH for US$7 billion

    Christian Dior Couture bought by LVMH for US$7 billion

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    LVMH's fashion and leatherwear division will be much stronger thanks to the Dior addition. Designer Christian Dior founded the House of Dior in 1946, with backing from businessman Marcel Boussac. Arnault has a stake of about 8 percent in luxury group Hermes, and its shares fell about 5 percent on the prospect of more of the stock coming to the market.
  • Russian planes fly by Alaska for a FOURTH night in a row

    Russian planes fly by Alaska for a FOURTH night in a row

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    It was not clear if the USA scrambled jets to intercept the aircraft. The bombers then flew back to eastern Russian Federation. Russian Bear bombers and spy planes buzzed Alaskan airspace the past two nights in a repeat of incidents earlier this week , two US officials told Fox News on Friday.
  • Palin on O'Reilly: 'Culture Had to Change at Fox'

    Palin on O'Reilly: 'Culture Had to Change at Fox'

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    The Dana Perino-hosted edition of the 8 p.m. cable news show clocked in with 3.3 million viewers, with 625,000 of those falling in the key adults 25-54 demo. O'Reilly, who has been off the air on vacation since April 11, said in a written statement on Wednesday he was proud of his "unprecedented success" at Fox.
  • Judge approves $4.3bn penalty for VW diesel engine emissions scandal

    Judge approves $4.3bn penalty for VW diesel engine emissions scandal

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    Volkswagen admits that almost 600,000 diesel cars in the USA were programmed to turn on pollution controls during testing and off while on the road. The district court judge in Detroit also placed the German auto maker on three years of probation, settling the United States criminal case over the scandal that has roiled the firm since 2015.
  • CP says Ontario will levy 15% tax on foreign home buyers

    CP says Ontario will levy 15% tax on foreign home buyers

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    Kavcic expects Ontario's foreign-buyer tax will have less of an impact on the GTA market than BC's did on Metro Vancouver as the share of non-resident home purchases is lower here. Mr. Sousa vowed not to introduce any new policies to stoke housing demand after a meeting earlier this week with Federal Finance Minister Bill Morneau and Toronto Mayor John Tory.
  • Mnuchin warns of tax reform delay following healthcare setback: FT

    Mnuchin warns of tax reform delay following healthcare setback: FT

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    Treasury department did not name China as a currency manipulator, avoiding an all-out confrontation on currencies between the world's two largest economies. He said that the U.S. was also keeping close tabs on Iran, and that it meant to slap more sanctions, unrelated to Iran's nuclear programme, on the country.
  • Trump's EPA To Reconsider Oil And Gas Emissions Rule

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    Pruitt did not address the report of the possible office closure or how drastic budget cuts would impact the EPA's operations. Brooks also cited concerns about rumors the administration also might be considering eliminating two of EPA's regional offices, including the Region 5 office that now is overseeing cleanup efforts in East Chicago .
  • More advertisers say they have ditched Fox's O'Reilly show

    More advertisers say they have ditched Fox's O'Reilly show

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    Bill O'Reilly's top-rated Fox News show may be starting to feel a financial sting, with 12 firms taking action after allegations that he sexually harassed several women . A report in the New York Times states that O'Reilly and his employer spent $13 million on five women trying to convince them to stop pursuing litigation.
  • Epwin Group PLC's (EPWN) Buy Rating Reaffirmed at Panmure Gordon

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    It has outperformed by 19.03% the S&P500. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice. Joel Isaacson & Llc has invested 0% in Anglo American plc (LON:AAL). Baldwin Invest Ltd Liability Corporation reported 0.31% in General Electric Company (NYSE:GE).
  • Champions League: Real Madrid 4:2 Bayern Munich

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    Real Madrid hosted Bayern Munich at the Bernabeu tonight, and came into the game holding a 2-1 advantage from the first leg. But despite having the momentum, they were at the distinct disadvantage of having to play extra-time with 10 men, and eventually crumbled to Madrid's might.
  • Rebound by Meeks saves the Tar Heels

    Rebound by Meeks saves the Tar Heels

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    No. 1 seed Gonzaga had more paint points in the first 30 minutes of the game than SC had allowed per game (22.5) in the tournament to date. But after Collins picked up a third foul midway through the second half, SC ripped off a 16-0 run in less than four minutes to take the lead with 7:06 left in the game.
  • Amid clashes, White House says no looming staff shake-up

    Amid clashes, White House says no looming staff shake-up

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    The two met on Friday (7 April) on White House Chief of Staff Reince Priebus' request, who told them that they should air their policy differences, Reuters quoted an official as saying. Trump ordered airstrikes against Syrian targets that drew praise in many parts of the world and staged an error-free summit with Chinese President Xi Jinping, complete with his wife, Melania, wearing a red dress to symbolise the colour of the Chinese flag.
  • Uzbekistan says info on truck attack suspect sent to Sweden

    Uzbekistan says info on truck attack suspect sent to Sweden

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    Akilov, who did not speak in court, has not yet been formally charged. Judge Malou Lindblom ordered him to remove the hoodie and he complied, revealing dark hair with streaks of grey. A regional newspaper, Bohuslaningen , reported Tuesday that one of the victims was a 69-year-old woman from Ljungskile, in southwestern Sweden. Fifteen others were injured in the attack, with eight still hospitalized.
  • Enterprise Financial Services Corporation (NASDAQ:EFSC) Receives An Update From Brokers

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    The stock hit its 52-week high price on 03/02/17, and 52-week low price on 07/06/16. $5.81's average target is 32.35% above currents $4.39 stock price. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . The company saw 2.7 million shares trade hands over the course of the day.
  • Warm and sunny weather forecast for Easter weekend

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    Our average high temperature for this time of the year is 66° and we'll have highs in the 70s for the next 14 days...at least. "Cloud cover will gradually become thinner through the night with plenty of clearer spells by the morning". Isolated showers and storms are possible across parts of North Texas Thursday afternoon. Highs will range from the upper 50's to the low 60's and will be accompanied by occasional rain showers and gusty winds that could bring the real feel temperature down.
  • Coutinho: I was told to stay home before leading Liverpool comeback

    Coutinho: I was told to stay home before leading Liverpool comeback

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    But the Brazilian insisted it was a team effort, "No". However, the former Borussia Dortmund manager brought Firmino and Coutinho on at the break and the Brazilian worldwide duo changed the game. "There are a lot of points to fight for and every game for us is important". "It is about making sure Liverpool gets in the Champions League because that is where we belong".
  • Minister: Iraq to boost crude oil production by year's end

    Minister: Iraq to boost crude oil production by year's end

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    Last Friday, the agency reported the increase of USA crude production to 60,000 barrels per day in January after the output curb in December. The market is already balancing, Barkindo said, adding stocks of crude were coming down. Opec pumped 32.095 million barrels a day last month, based on information compiled from analysts, oil companies and ship-tracking data. The accord has lifted crude to about $50 a barrel.
  • Nunes' colleagues say docs don't support surveillance claims

    Nunes' colleagues say docs don't support surveillance claims

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    A Bloomberg report last week revealed Rice had unmasked the names of Trump associates who were swept up in USA foreign surveillance. Rice is among the USA officials the House and Senate committees are likely to interview as they review any Russian interference in the 2016 election.
  • Dulux parent AkzoNobel rejects call for removal of chairman

    Dulux parent AkzoNobel rejects call for removal of chairman

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    However, it also said that any attempt to remove chairman Antony Burgmans would be "irresponsible, disproportionate, damaging and not in the best interest of the Company, its shareholders and other stakeholders". In a response to the allegations, sent to TheStreet by an Elliott spokesperson, the group said that "as one of the top 20 shareholders of Akzo Nobel, Elliott has, as a matter of course, met and communicated with PPG".
  • Cedar Realty Trust, Inc. (NYSE:CDR) Recent Ownership Changes

    Cedar Realty Trust, Inc. (NYSE:CDR) Recent Ownership Changes

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    We can assess whether CDR is fuelling ROE by excessively raising debt or it has a balanced capital structure by looking at the historic debt-equity trend of the company. Ratings analysis reveals 0 of First Bancshares's analysts are positive . The dominant statistics will authorize the investment community to govern the size of Digital Realty Trust, Inc .