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Volkswagen's Porsche to stop offering diesel models - Bild am Sonntag


FRANKFURT Volkswagen's Porsche will stop offering diesel versions of its cars, the unit's chief executive told a weekly newspaper, responding to ever tougher requirements to curb CO2 emissions.

Senate panel wants Kavanaugh hearing terms worked out Friday 22 Sep 2018

WASHINGTON The Senate Judiciary Committee has given Christine Blasey Ford's lawyers until the end of Friday to agree on terms for her to testify about her sexual assault allegations against Supreme Court nominee Brett Kavanaugh, Politico reported, citing a Republican senator.


U.S. Senate panel to vote on Kavanaugh on Monday unless deal reached with accuser 22 Sep 2018

WASHINGTON The U.S. Senate Judiciary Committee will hold a vote on confirmation of Supreme Court nominee Brett Kavanaugh on Monday if no deal was reached by 10 p.m. EDT Friday (0200 GMT Saturday) on how Christine Blasey Ford, who has accused Kavanaugh of sexual assault, would testify, the panel's chairman said.


KKR-backed Calsonic lines up 5 billion euro financing for Magneti takeover - sources 21 Sep 2018

LONDON/FRANKFURT Calsonic Kansei has lined up around 5 billion euros (4.5 billion pounds) in financing from Japanese banks to fund its proposed acquisition of Fiat Chrysler's unit Magneti Marelli, four sources familiar with the matter said.


BOJ tankan seen showing manufacturers' mood up slightly, but outlook murky - Reuters poll 21 Sep 2018

TOKYO Business confidence among Japan's big manufacturers was expected to have edged up in the three months to September, although trade worries cloud the outlook, a Reuters poll found ahead of the central bank's quarterly sentiment survey.


Oil prices pull back as Trump tweet shifts focus to OPEC 20 Sep 2018

NEW YORK Oil prices eased on Thursday, pulling back after U.S. President Donald Trump urged OPEC to increase production at its meeting in Algeria, and slowing bullish momentum that had previously propelled the market toward four-year highs.


Aston Martin aims to steer round Brexit to £5 billion IPO 20 Sep 2018

LONDON Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds in its stock market debut next month and has geared up for any Brexit outcome, it said on Thursday. | Video


VW rejects Trump envoy's take on Iran pullout 20 Sep 2018

Carmaker Volkswagen AG rejected on Thursday a report suggesting it had decided against doing business in Iran after coming under pressure from Donald Trump's ambassador to Germany, saying its position on the country had not changed.


No progress seen after May speech on Brexit - Lithuania, Slovakia 19 Sep 2018

VIENNA There has been no progress on Brexit and the Irish border, leaders of Lithuania and Slovakia said after a European Union leaders' dinner at which British Prime Minister Theresa May gave a speech on her country's secession from the bloc.


Renault-Nissan adopts Android in coup for Google 19 Sep 2018

PARIS The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet's Google Android operating system, handing a victory to the U.S. tech giant as it pushes for a bigger share of the infotainment market. | Video