Volkswagen's new boss Oliver Blume will seek to rally the board and shareholders at back-to-back meetings from Thursday to support his strategy on a crucial automotive software that felled his predecessor.. That would have potentially serious knock-on effects -- from delays on a flagship model to budget overruns -- that Blume would need to talk the board and shareholders round to accepting.
From sleek boutiques to rickety stalls, hundreds of cannabis dispensaries have sprouted across Bangkok following decriminalisation, but in a nation once infamous for tough drug laws, Thai vendors are asking: can the high times last?. Bangkok-based Gloria Lai, regional director at International Drug Policy Consortium, said decriminalisation had come without proper preparation.
Winter is closing in but the sound of chainsaws still reverberates on the forest-covered slopes of the mountains in northern Bulgaria, while horses stand ready to transport the freshly cut wood down the steep paths.. Then they started their short journey down a steep forest path to a place from where the wood can be loaded onto trucks.
The giant video platform, YouTube, announces the rolling out of handles, the social media feature that allows video creators a new way to identify themselves.
Google said Thursday it does not manipulate search results, after Hong Kong's government said the tech giant had refused its demand to remove a popular protest song.. The song was accidentally played for Hong Kong athletes at two international sports events last month, prompting the demand from the Chinese city to remove it from search results.
EU leaders meeting in Brussels on Thursday will focus on a trade dispute with key ally the United States that threatens to trigger a subsidy race between the economic superpowers.. Brussels views the "Buy American" condition for purchasers of electric vehicles mainly made in the United States as discriminatory against European car manufacturers.
The European Central Bank is expected to follow the US Federal Reserve's lead on Thursday and opt for a smaller interest rate hike, analysts said, on signs that red-hot inflation is finally easing.. In a key week for central bankers, Ipek Ozkardeskaya, senior analyst at Swissquote Bank, predicted "a deluge of 50 basis-point hikes", with the Bank of England likely opting for its own half-point rise on Thursday.
Asian equities fell Thursday after the Federal Reserve signalled US interest rates would go higher than expected and warned the world's biggest economy would grow less than expected next year, fanning fears a recession is on the way.. The Fed also cut its expectations for growth next year as it faced headwinds from the tighter monetary policies, stirring fresh warnings of a recession, which have weighed on equities for much of the year.
Hundreds of foreign tourists were stranded Wednesday in Peru's renowned Machu Picchu region after train service was suspended due to violent protests following the ouster and arrest of ex-president Pedro Castillo.. The train service that connects the famed Incan temple with Cusco, the ancient empire's capital city, is the only way to get to Machu Picchu, about 70 miles (110 kilometers) away.
Argentina's economy may be sinking but the entire country is buoyant, basking in the elation of its football team led by iconic captain Lionel Messi reaching the World Cup final.. Olmos drew parallels with Argentina's first World Cup success in 1978, when the country was run by a military dictatorship.
