VW skids into red in wake of pollution scandal
German auto giant Volkswagen
Frankfurt - Arab Today
German auto giant Volkswagen said Wednesday that the global pollution-cheating scam it is currently embroiled in pushed it deeply into the red in the third quarter and would hurt earnings for the whole of 2015.
VW said in a statement that it booked a net loss of 1.673 billion euros ($1.85 billion) in the period from July to September, compared with a profit of 2.971 billion euros a year earlier.
At the same time, the carmaker said it expected full-year operating profit to be "sharply lower" than in 2014, although global vehicles sales would match levels a year earlier and turnover was projected to rise by "up to four percent".
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 03:30 2014 Thursday ,30 October
SodaStream to close controversial West Bank plant
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 06:15 2018 Tuesday ,23 January
Volkswagen clinches record sales
GMT 10:17 2017 Thursday ,28 December
Israel extends detention of Palestinian women
GMT 08:57 2015 Tuesday ,29 September
Congolese 'Nzango' dances into sporting big-time
GMT 13:13 2017 Saturday ,13 May
Bahrain weather forecast
GMT 09:57 2017 Friday ,04 August
A plot of Isis to build a bomb for Etihad flight
GMT 11:32 2017 Thursday ,12 January
Targets top 10 with solid showing in MelbourneGMT 18:22 2011 Wednesday ,09 February
Australia flood clean-up starts, tough task ahead
GMT 07:27 2017 Wednesday ,03 May
BTEA, iGA launch ‘Domestic Tourism Survey’
GMT 11:10 2017 Wednesday ,03 May
8 Killed in Suicide Attack on NATO Convoy in Kabul
GMT 10:37 2017 Tuesday ,07 November
Two children die as car plows into Australia classroom
GMT 22:09 2017 Tuesday ,16 May
Saudi girl student drives bus after driver faints
GMT 13:26 2018 Thursday ,04 January
Novak Djokovic using warm-up tournaments to test Australian Open fitnessGMT 08:21 2012 Wednesday ,14 March
Africabox TV extends African reach with GlobeCast
GMT 08:43 2017 Monday ,25 September
Al Ain Book Fair to welcome all book loversGMT 11:42 2012 Friday ,30 March
Spain faces toughest budget of post-Franco era
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor