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Volkswagen brand chief says no plans to step down despite investigation

July 4, 2016 by · Leave a Comment 

Volkswagen's brand chief, Herbert Diess, is not planning to resign even though he is the subject of investigation by public prosecutors, he told a German newspaper. “It's not up for debate,” Diess told Sueddeutsche Zeitung in an interview published on Monday, when asked if he had thought about stepping down as a result of the probe. Volkswagen's reputation will take 12-18 months to recover from

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Volkswagen brand chief says no plans to step down despite investigation

heading-towards

Oil climbs as market seen in balance, but slow demand weighs

July 4, 2016 by · Leave a Comment 

By Ahmad Ghaddar LONDON (Reuters) – Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed. The energy minister of Saudi Arabia, the world's top crude exporter, and …

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Oil climbs as market seen in balance, but slow demand weighs