Categories: Business

Volkswagen cuts outlook on $11.5 billion one-off hit

Sept 18 (Reuters) – Volkswagen on Friday slashed its outlook, flagging €10 billion ($11.5 billion) in one-off items related to its stake in luxury sportscar maker Porsche, provisions for

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

More Chinese films fill TIFF theaters as Canada-China ties warm

By Frances GAO and Nivedita Balu TORONTO, Sept 18 (Reuters) - The Toronto International Film…

51 seconds ago

UPDATE 2-EU to impose provisional safeguards to protect electrical steel from imports

* Minimum price for grain-oriented electrical steel set at €2,800 to €3,400 per metric ton…

3 minutes ago

Ronaldo included in Jesus' first Portugal squad

VIDEO SHOWS: PORTUGAL COACH JORGE JESUS ANNOUNCES HIS SQUAD FOR THE UPCOMING UEFA NATIONS LEAGUE…

4 minutes ago

BRIEF-NASA Awards SpaceX Three Additional Missions Through Contract Modification

Sept 18 (Reuters) - NASA: * NASA AWARDS SPACEX THREE CREW FLIGHTS TO SPACE STATION…

8 minutes ago

Report finds 'culture of risk aversion' hindered oversight of SVB, Fed official says

By Pete Schroeder WASHINGTON, Sept 18 (Reuters) - A "culture of risk aversion" among examiners…

9 minutes ago

Virginia tightens data center restrictions amid political backlash

NEW YORK, Sept 18 (Reuters) - The US state of Virginia is tightening permitting, commercial…

10 minutes ago