Advertisement
UK markets open in 7 hours 58 minutes

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • CRUDE OIL

    82.79
    -0.02 (-0.02%)
     

  • GOLD FUTURES

    2,329.30
    -9.10 (-0.39%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,429.28
    -1,836.41 (-3.45%)
     

  • CMC Crypto 200

    1,387.30
    -36.80 (-2.58%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Volkswagen CEO says still trying to overcome diesel cheating scandal

Reuters

BERLIN (Reuters) - Volkswagen's (VOWG_p.DE) new Chief Executive Herbert Diess said the carmaker was still trying to overcome its emissions cheating scandal after German authorities ordered the Wolfsburg-based company to pay a 1 billion euro ($1.18 billion)fine.

"By doing this, Volkswagen takes responsibility for the diesel crisis," Diess said in a statement on Wednesday after VW agreed to accept the fine.

"Further steps are necessary to restore trust in the company and the auto industry," he said.

(Reporting by Andreas Cremer; Writing by Edward Taylor; Editing by Victoria Bryan)