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Volkswagen working on recovery from emissions scandal

Note: This section contains information in English only.
Source: Dukascopy Bank SA
As reported by Reuters on Friday, Volkswagen has been targeting stable gains in productivity by cutting on costs and producing cars with higher margins in order to recover from the scandal related to emissions.
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05 May 2017

Euro zone Retail PMI jumps to 52.7 in April

The headline Markit Retail PMI for the Euro zone surged to 52.7 over the month of April from the 49.5-point reading observed in March, marking the steepest advance since mid-2015.

05 May 2017

Xiao Jie skips Finance minister meeting

The Japanese Minister of Finance Taro Aso claimed on Friday that Xiao Jie, his counterpart in China, failed to attend a meeting that was scheduled between Finance ministers of the two countries and Korea due to "policy issues".

05 May 2017

Marks&Spencer appoints new chairman

The British retailer Marks&Spencer has named Archie Norman as the new chairman, the company reported on Friday. His predecessor Robert Swannell retires on 1 September.