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U.S. finds unapproved emissions software in VW Audi engines – Bild am Sonntag

August 7, 2016 by · Leave a Comment 

U.S. authorities have found three unapproved software programs in 3.0 liter diesel engines made by Volkswagen's Audi unit, German weekly Bild am Sonntag reported, without saying where it had obtained the information. The software allowed the turbocharged direct injection (TDI) engines used in Audi's Q7, Porsche's Cayenne and VW's Touareg models to shut down emissions control…

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U.S. finds unapproved emissions software in VW Audi engines – Bild am Sonntag

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China’s July forex reserves fall to $3.20 trillion

August 7, 2016 by · Leave a Comment 

China's foreign exchange reserves fell to $3.20 trillion in July, central bank data showed on Sunday, in line with analyst expectations. China's reserves, the largest in the world, fell by $4.10 billion in July. The reserves rose $13.4 billion in June, rebounding from a 5-year low in May. China's

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China’s July forex reserves fall to $3.20 trillion