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Added on the 04/11/2015 15:29:01 - Copyright : Reuters EN
Shares in Volkswagen suffer their biggest ever one-day fall in early Monday trading after U.S. authorities accused the German carmaker of falsifying emissions data. As Ivor Bennett reports VW could face penalties of up to $18 billion.
U.S. Attorney General Loretta Lynch says it is important for the Justice Department to look at individuals in the ongoing criminal investigation into the Volkswagen emissions scandal. Rough Cut (no reporter narration).
Volkswagen shares jumped more than 6 percent in early trade on expectations that the carmaker was close to reaching a deal to buy back 500,000 diesel cars in the United States in a step toward resolving an emissions rigging scandal. Sonia Legg reports
Oil prices fell more than 5 percent, pulling energy stocks and the overall U.S. markets lower in Monday trading. Bobbi Rebell reports.
German auto supplier Bosch has been accused of conspiring with Volkswagen to evade diesel emissions standards in at least 11 million vehicles worldwide. As Ivor Bennett reports, the class action lawsuit follows a huge fall in VW sales in the U.S.
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.