VW brand says profitability drive faces cost risksWOLFSBURG, Germany (Reuters) - Volkswagen's core autos division said costs for its electric-car program, technology and a new emissions testing procedure will stand in the way of major profitability gains this year and in fut…Read More
Britain's Prudential to split in new world order for insurersLONDON (Reuters) - Prudential is to spin its British and European business off from its international operations, breaking up the 170-year-old insurer in the latest shake-up in a fast-changing industry.
from Reuters: Bus…Read More
ECB head: Higher inflation needed to end stimulus
ECB head: Higher inflation needed to end stimulus
European Central Bank head Mario Draghi says that the eurozone economy still faces "risks and uncertainties" despite stronger growth, and has cautioned that the bank needs…Read More
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