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Volkswagen takes 1.3-bn-euro hit from Trump tariffs
Volkswagen takes 1.3-bn-euro hit from Trump tariffs
by  AFP

German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it 1.3 billion euros in the first half of the year as it reported falling profit. Overall net profit fell 38.5 percent year-on-year during the period to hit 7.28 billion euros ($8.54 billion).

US regulators let Skydance acquire Paramount Global
US regulators let Skydance acquire Paramount Global
by  AFP

US regulators on Thursday approved an $8 billion deal for Skydance to acquire Paramount Global after receiving assurances the merged company will follow Trump administration guidelines against programs promoting diversity, equity and inclusion.

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