Volkswagen AG to Cut Costs 20% by 2028

Source: Dukascopy Bank SA
Volkswagen plans 20% cost cuts by 2028 to tackle China slowdown, high costs and US tariffs; 35,000 German jobs to go by 2030.
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Tue, 17 Feb 2026 12:30:05 GMT

UBS China Silver Fund Sparks Investor Backlash

Over 200,000 Chinese investors complained after UBS changed its silver fund valuation, deepening losses amid a global price crash.

Tue, 17 Feb 2026 06:30:07 GMT

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