German carmakers Volkswagen, Audi, Porsche, BMW and Daimler secretly worked together from the 1990s onwards on issues including polluting emissions from diesel vehicles, news magazine Der Spiegel reported Friday.
Volkswagen, facing tens of billions of dollars in compensation and fines after admitting to cheating on diesel emissions in 2015, had reported the cartel to German competition authorities in a letterRead more
Germany’s DAX index is zooming in on its record high and has room to power ahead as investors scoop up shares in industrial companies that will benefit from accelerating global economic growth.
The DAX, which has been outperforming most other euro-zone equity indexes this year, is about 2.8 per cent — or about 350 points — shy of a recordRead more