Volkswagen will no longer offer diesel vehicles in the United States, its global brand chief said on Tuesday, ending speculation the company might return to the technology after its emissions scandal fades from memory. Luxury car brand Audi, a VW-subsidiary, still sees a diesel vehicle as possible. Source: Reuters
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“To those companies that buy Russian aircraft, we will provide the necessary benefits, including profitable routes, as well as special incentives of an economic nature, including those related to the leasing of aircraft. We are working in compliance with the plan, and I believe that in the early spring we will be ready to report the first results,” Source RT
Any country leaving the eurozone would have to settle its claims or debts with the bloc’s payments system before severing ties, European Central Bank President Mario Draghi has said. The comment, a rare reference by Draghi to the possibility of the currency zone losing members, came in a letter to two Italian lawmakers in the European Parliament released on Friday (20 January). Source Euractiv
Invesco Ltd. released a report on central- bank investment after surveying 18 reserve managers across Europe, the Middle East and Africa in 2016. A net balance of 80% and 43% of respondents to questions on asset allocation said they planned to invest more in stocks and corporate debt, respectively. Source The Wall Street Journal