Volkswagen warned over emissions test cheating “years ago”, German reports claim September 27, 2015 Volkswagen was warned about cheating emissions tests several years ago by the company's own staff members and by one of its suppliers, according to German media reports. The warning from internal engineers as far back as 2011 is said to have surfaced from VW's internal investigation into the scandal which has rocked the company, German [...]
Uber wants to bring the party to its customers with UberEvents September 26, 2015 Need some help getting the party started? Ride-sharing app Uber is trialling its new service UberEvents for business customers. The pre-paid service allows event organisers to buy rides for their guests, and the company envisions it being used for things like company parties and weddings, as Kimiko Ninomiya, Uber’s senior marketing manager wrote on the [...]
Volkswagen emissions scandal: Switzerland bans sales of VW Euro5 diesel models September 26, 2015 The backlash against Volkswagen has hit its hardest point yet as Switzerland has banned sales of Volkswagen diesel cars after the company admitted to cheating in emissions tests. The emissions cheating scandal has escalated over the week as the German car maker admitted that as many as 11m cars could have been equipped with a [...]
Volkswagen confirms Matthias Muller in top job amid company restructure as sales boss Christian Klinger leaves September 25, 2015 Porsche boss and Volkswagen board member Matthias Müller has been confirmed as the new chief executive of the embattled German car maker. Müller had been widely expected to take on the reins after Martin Winterkorn reluctantly fell on his sword earlier this week, as the emissions-cheating scandal gathered pace. This week Volkswagen has admitted as many [...]
Volkswagen emissions scandal: 2.8m cars in Germany fitted with emissions rigging device according to minister – reports September 25, 2015 A total of 2.8m cars in Germany were fitted with emissions-rigging devices, the German transport minister, Alexander Dobrindt, told MPs in the country's lower parliamentary house the Bundestag. This is the first time a country outside of the US has put a figure on the number of vehicles they expect to be caught up in the [...]
UKIP conference: Nigel Farage’s priority is leaving the European Union and not the party as he says Ukip will work with anybody for Brexit September 25, 2015 The UK Independence Party's annual conference is to start today, with leader Nigel Farage telling grass roots supporters the priority is to leave the European Union, and not the party, as he announced Ukip will work with anyone to bring about Brexit. Farage is to say that he is not deserting the party, but "winning [...]
Blackberry confirms a new Android smartphone called “Priv” – but investors aren’t wowed September 25, 2015 Blackberry has finally confirmed what it’s been hinting at for months: the struggling mobile phone manufacturer has been working on an Android-powered smartphone named Blackberry Priv. The phone, due to be released before the end of the year, was confirmed by the company’s chief executive John Chen when presenting earnings for the second quarter: Priv [...]
Starbucks pledges living wage and interest-free loans for rent to workers September 25, 2015 Starbucks has said it will pay the National Living Wage to all of its workers in the UK and will even offer its workers interest-free loans to help them with housing costs. Read more: Time's running out to reap goodwill from the living wage The coffee conglomerate said that, from November, all baristas – including those [...]
Glencore share price drops to its lowest point since listing on worsening commodities rout September 25, 2015 Glencore shares have fallen to their lowest point since listing, dropping below its 100p per share floor for a second time this week, as a global rout continues to pummel the embattled commodities giant. After a somewhat buoyant opening, Glencore has tumbled anew, falling 2.3 per cent over the course of the morning to trade [...]
Drax share price up as it withdraws from £1bn renewable energy project due to “critical reversals” in government support September 25, 2015 Drax's share price climbed this morning after the energy giant abandoned a £1bn carbon capture project because of the government's policy u-turn on renewable energy. Drax had committed to storing carbon dioxide next to its plant in North Yorkshie – the biggest coal-fired power station in the UK – but today said it was halting [...]