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Volkswagen’s US boss admits he knew about emissions cheat two years ago

The boss of Volkswagen in the United States has admitted he knew about the company's emissions scandal more than a year ago. Documents due to...

IMF: World on verge of recession

The world is on the verge of another recession, according to the International Monetary Fund. It has revised down its global growth forecast for the...

VW boss warns workers of pain to come over emissions scandal

Volkswagen’s new chief executive has told more than 20,000 gathered workers that the company will have to review planned investments and contain costs as...

US and five states finalise BP settlement over Deepwater Horizon oil spill

The US justice department and five states have finalised a settlement of more than $20bn arising from the 2010 Deepwater Horizon oil spill in...

Dot-com entrepreneur Martha Lane Fox condemns ‘unconscious bias’ against women in the tech sector

There is an “unconscious bias” against women in the technology sector, according to dot-com entrepreneur Martha Lane Fox. Baroness Lane-Fox, who co-founded Lastminute.com in the...

Volkswagen confirms Hans Dieter Poetsch will become chairman

Volkswagen has confirmed chief financial officer Hans Dieter Poetsch will become the car manufacturer’s board chairman. The car maker is currently facing a scandal over...

Samsung dismisses claims of variable power performance setting

Samsung says it “firmly rejects” suggestions that its televisions appear to use less energy during official testing conditions than they do during real-world use. The...

Tesla’s new car has a ‘bio-weapon defence system’

Tesla founder Elon Musk likes to push the boundaries when it comes to the new technology his companies create, and the new Model X...

Volkswagen estimate 1.8 million commercial vehicles affected by emissions scandal

Volkswagen'scommercial vehicles division has said 1.8 million of the German giant’s vehicles are among those affected by the emissions-rigging scandal. Volkswagen AG has admitted using...

US stocks fall amid China growth fears

Ongoing worries about the health of the Chinese economy and another big sell-off in drug manufacturers pushed the US stock market back towards its...

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