The greenback rose on Friday as dollar bulls took heart after Federal Reserve Chair Janet Yellen kept the door open to a hike in interest rates later this year, a week after the central bank delayed aa long-anticipated move.
On Wall Street, stocks ended mixed on Friday after athletic shoe giant Nike posted strong first-quarter income in greater China and Federal Reserve Chair Janet Yellen reassured that the US economy is stable enough to handle turmoil in emerging markets. The Nasdaq composite lost...
The software at the center of Volkswagen’s emissions scandal in the US was built into the automaker’s cars in Europe as well, Germany said Thursday, though it isn’t yet clear if it helped cheat tests as it did in the U.S. Chris Grundler, director of the Office...
VW was found to have installed software on several of its diesel vehicles which would deliberately lower the vehicle’s pollutant output when it detected an emissions test being performed. Being that the European Union has stricter emissions regulations than the USA and...
This is one theory, but there is not a firm conclusion within the Obama administration about why Russian President Vladimir Putin is sending aircraft, tanks and missiles into the wartorn country, several senior USA officials told CNN.
MILAN/LONDON Sept 25 (Reuters) – European shares were higher on Friday, rebounding after testing 2015 lows in the previous session, as concern over the global economy eased and a sell-off of auto stocks began to slow.
Last Friday, the EPA issued a citation to Volkswagen for equipping almost 500,000 diesel-powered cars sold since 2009 with software that can detect when the vehicle is undergoing federal testing for smog-forming emissions.