Moody's cuts VW's credit rating amid emissions scandalMoody's hit embattled German automaker Volkswagen with a credit downgrade, saying the company's reputation and earnings were at risk from the growing emissions cheating scandal.
Samsung unveils $10bn share buyback with Q3 profit surgeSouth Korea's Samsung Electronics pulled out of an extended earnings dive, reporting a nearly 30 percent surge in third-quarter net profit and announcing a $10 billion share buyback.
29 октября 2015
VW skids into red in wake of pollution scandalGerman auto giant Volkswagen said that the global pollution-cheating scam it is currently embroiled in pushed it deeply into the red in the third quarter and would hurt earnings for the whole of 2015.
Facebook expands smartphone alerts to news, weatherFacebook, making a bigger push to deliver personalized information to its members, said it was expanding its mobile alerts to include sports scores, weather updates and local news updates.
Italy's Fendi sets up home in fascist follyLuxury fashion company Fendi unveiled its new headquarters in a long-abandoned, now renovated architectural folly created by the WWII fascist leader Benito Mussolini in Rome.
YouTube Gaming adds mobile play streamingYouTube Gaming ramped up its challenge to Amazon-owned Twitch by adding streamed play of mobile games and a new subscription option.
Russia's Gazprom delays pipeline project amid Turkey tensionsRussian gas giant Gazprom said its TurkStream pipeline project with Turkey would be delayed as tensions between Moscow and Ankara peak over Russia's intervention in the Syrian conflict.
08 октября 2015
91,000 vehicles in Australia affected by VW cheatingVolkswagen said that more than 91,000 of its vehicles in Australia are fitted with emissions-cheating technology, more than two weeks after the global scandal broke.
07 октября 2015
Crisis-hit Russia toiling to keep factory towns aliveThe hulking Soviet-era mineral refinery in Pikalyovo, one of Russia's hundreds of factory towns hit by a crippling economic crisis, has been a blessing, and at times a curse, for a place dependent on a single industry.
Modi promises German companies easy ride as Merkel visitsPrime Minister Narendra Modi urged German companies to do business in India and promised tax and other economic reforms, on the final day of Chancellor Angela Merkel's visit.