(MENAFN - AFP) A UN fund set up for Haiti's cholera victims is failing to draw support, with only two percent of the needed $400 million raised so far, according to a letter by UN Secretary-General Antonio Guterres.
Guterres asked member-states in the letter sent this week to notify the United Nations by March 6 whether they intend to pledge aid to Haiti, where more than ...
(MENAFN - AFP) German auto giant Volkswagen on Friday said it raced back into the black in 2016 as car sales hit an all-time high, in the latest sign of its "dieselgate" scandal fading into the rearview mirror.
VW reported a net profit of 5.1 billion euros ($5.4 billion) last year, recovering from a stinging 1.6-billion-euro loss in the immediate aftermath of the emissions ...
(MENAFN - AFP) The economy is crumbling and street protests are turning violent, but Rio de Janeiro put all worries aside for the opening of carnival Friday.
The annual extravaganza marking the last days before Lent in mostly Catholic Brazil was to kick off officially with the handing over of the city keys to the carnival king, a jolly, samba dancing figure known as Rei Momo.
(MENAFN - AFP) German car giant Volkswagen on Friday said it was capping the chief executive's pay package at 10 million euros as it moved to rein in top brass salaries in the wake of the "dieselgate" scandal that has cost the company billions.
Other members of the board will see their annual remuneration capped at 5.5 million euros, VW said in a statement.
(MENAFN - AFP) French carmaker PSA's boss Carlos Tavares, pushing plans to buy General Motors' European brands Opel and Vauxhall, had a "constructive" talk Friday with the head of Britain's biggest trade union about the project, the union said.
Len McCluskey, head of the Unite union, said the London meeting was "relatively positive" and the two sides had agreed to "engage ...