Tag: volkswagen
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Cost-cutting deal with unions key to VW’s recovery
By Andreas Cremer BERLIN (Reuters) – Volkswagen's ability to agree a big cost-cutting plan with its powerful labor unions in the coming weeks could determine whether the German carmaker's shares make a full recovery from its emissions scandal. A year after it admitted using illegal software to rig diesel emissions tests, Volkswagen (VW) has still…
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Cost-cutting deal with unions key to VW’s recovery
By Andreas Cremer BERLIN (Reuters) – Volkswagen's ability to agree a big cost-cutting plan with its powerful labor unions in the coming weeks could determine whether the German carmaker's shares make a full recovery from its emissions scandal. A year after it admitted using illegal software to rig diesel emissions tests, Volkswagen (VW) has still…
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Novo plans larger study after encouraging semaglutide results
By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Novo Nordisk's experimental injectable diabetes drug semaglutide reduced cardiovascular risk by 26 percent, according to results released on Friday, paving the way for a new and bigger study on the drug's benefits. Semaglutide is the third diabetes drug to show such heart benefits, after Novo's Victoza injectable and Eli…
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VW gets approval for another 460,000 diesel-car fixes
Volkswagen has won German regulatory approval for technical fixes on another 460,000 diesel cars with illicit emissions control software, it said on Sunday, raising the number of vehicles cleared for repair to over 5 million. Approval by Germany's motor vehicle authority KBA is valid for countries throughout Europe where 8.5 million diesel cars are affected…
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VW brand chief ‘confident’ of solving cost-cutting row with labor
Volkswagen's top brand executive is confident that management and labor will solve a dispute over cost-cutting at the core autos division and signaled readiness on Sunday to meet some of workers' demands. Volkswagen's (VW) powerful labor leaders earlier this month accused brand chief executive Herbert Diess of betraying workers and trying to use the diesel…
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VW brand chief ‘confident’ of solving cost-cutting row with labor
Volkswagen's top brand executive is confident that management and labor will solve a dispute over cost-cutting at the core autos division and signaled readiness on Sunday to meet some of workers' demands. Volkswagen's (VW) powerful labor leaders earlier this month accused brand chief executive Herbert Diess of betraying workers and trying to use the diesel…
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Once a symbol of decline, Pennsylvania tests limits of Trump’s appeal
By Howard Schneider BETHLEHEM, Pa. (Reuters) – With a rusting steel mill in its center, this Pennsylvania city would seem fertile ground for Donald Trump's campaign and its vision of a declining America that only he can fix. In the two decades since the blast furnaces of Bethlehem Steel went silent, the local economy did…
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Loss of U.S. boss seen hitting VW turnaround, but not talks with regulators
By Andreas Cremer BERLIN (Reuters) – The departure of Volkswagen's U.S. boss is a blow to the carmaker's attempts to revive sales after its emissions test cheating scandal, but should not disrupt its efforts to strike a deal with U.S. regulators, analysts and sources told Reuters. Michael Horn, whose surprise departure from the helm of…
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Mothers worldwide leaving hospitals too soon after childbirth
By Andrew M. Seaman (Reuters Health) – – Women around the world are leaving hospitals too soon after giving birth, according to a new analysis. The World Health Organization suggests that women stay in the hospital at least 24 hours after a vaginal delivery, but researchers found that depending on the region, up to 83…