12/04/2018

Scandal-hit Volkswagen expected to name new CEO

German car giant Volkswagen is set to replace chief executive Matthias Mueller Thursday, as it seeks to turn the page on the "dieselgate" emissions scandal that has dogged the company since 2015.

New Zealand halts new offshore oil and gas exploration

New Zealand is halting all new offshore oil and gas exploration to become a global leader in the fight against climate change, the centre-left government said Thursday, but opponents accused it of "economic vandalism".

Airbag-maker Takata brand disappears as CEO quits

Japan's Takata said Thursday its chief had formally resigned after the completion of a takeover by a US firm, bringing the curtain down on the crisis-hit brand tainted by a deadly airbag scandal.

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