Volkswagen AG’s sales dropped below the 10 million-car milestone reached last year as the Chinese market slowed and the company’s cheating on diesel emissions deterred customers. Deliveries declined 2 percent to 9.93 million vehicles, including a 5.2 percent drop in December, the Wolfsburg, Germany-based company said Friday in a statement. Source: Bloomberg
President Recep Tayyip Erdogan has found a benefactor to help pull Turkey from the brink of a financial crisis as Qatar promised to invest $15 billion in the country. Source: Bloomberg
The United States is sending via pipelines record volumes of natural gas to Mexico, and although U.S. pipeline capacity to Mexico and production and exports have jumped in recent years, delays at some pipelines on Mexican territory have been slowing down the rise in U.S. piped natural gas exports. Source: Oil Price
In a presidential decree published in the Official Gazette on Aug. 15, Ankara said it was imposing extra tariffs on imports of products, including rice, tobacco products, vehicles, alcohol, coal and cosmetics. Source: Hürriyet Daily News
