Tuesday, June 23, 2026
Economy
Crisis-hit VW mulls closing at least three German plants
Frankfurt (Germany) (AFP) - Ailing auto giant Volkswagen plans to close at least three factories in Germany and slash tens...
Crisis-hit VW eyeing plant closures, deep pay cuts: report
Frankfurt (Germany) (AFP) - Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the...
Indonesia bets on SE Asia’s first battery plant to become EV hub
Karawang (Indonesia) (AFP) - Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line...
Moody’s cuts France outlook, opening door to credit downgrade
Washington (AFP) - Ratings agency Moody's downgraded France's outlook Friday, opening the door to a potential credit rating cut as...
France must make ‘credible’ progress on deficit: finance minister
Washington (AFP) - France must take "credible" steps to tackle its high deficit, its new finance minister said Thursday, shortly...
UK’s Labour govt prepares to unveil its first budget
London (AFP) - Britain’s new Labour government unveils its maiden budget Wednesday, with Prime Minister Keir Starmer warning of "painful"...
Germany promises more visas for Indians during Scholz visit
New Delhi (AFP) - Germany promised to dramatically boost the number of skilled Indians it permits to work in the...
UK govt changes budget rules to borrow more for investment
London (AFP) - UK finance minister Rachel Reeves announced Thursday changes to fiscal rules to open up billions for investment...
IMF chief seeks more details on BRICS payments system plans
Washington (AFP) - The IMF wants to know more about a cross-border payments system discussed by the BRICS group of...
Sales of new US homes at highest level in over a year
Washington (AFP) - Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest...
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