Germany

Mario Draghi Says Misinterpretation Related to Regulations in Not the Cause of Turmoil, It is Mainly Fears Related to Growth

Mario Draghi Says Misinterpretation Related to Regulations in Not the Cause of T

On Monday, Mario Draghi, the European Central Bank President said that the recent volatility in the European bank stocks is mainly due to the markets attitude regarding the global slowdown in growt

Deutsche Bank Executives Face a Tough Turnaround Plan as Investors Lose Confidence

Deutsche Bank Executives Face a Tough Turnaround Plan as Investors Lose Confiden

Shares and bonds of Germany's largest lender Deutsche Bank AG took a plunge over investors concern regarding the bank's capital and funding levels.

U.S Justice Department Sues, German automaker Volkswagen, in Emissions Scandal

U.S Justice Department Sues, German automaker Volkswagen, in Emissions Scandal

On Monday, in a federal court, the Justice Department sued Volkswagen, the German automaker accusing it of installing illegal devices in close to 600,000 diesel engine systems in order to duck the emissions controls which in return increased air pollution that's harmful for the world.

Volkswagen Scandal Worries the City of Wolfsburg

Volkswagen Scandal Worries the City of Wolfsburg

Wolfsburg, the fifth largest city in the Germany's lower Saxony houses the headquarters of Volkswagen along with one of the largest of the world's car manufacturing factory.

Volkswagen Plans to Launch a Recall in January and Fix the Affected Diesel Cars by Next Year End

Volkswagen Plans to Launch a Recall in January and Fix the Affected Diesel Cars

Volkswagen, the German automaker has been the center of focus for wrong reasons of late. The carmaker admitted using devices to cheat on diesel emissions tests.

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