Volkswagen said it would reduce its capital spending to no more than €12 billion ($12.8 billion) next year as it grapples with the multi-billion-euro costs of its emissions crisis.
It will increase spendin
Seventy women are being trained as crisis advocates to help victims of domestic and sexual abuse in Bahrain. They will receive their certification this weekend from Women Crisis Care International (WCCI) after completing 40 hours of intensive
The forecasted shortage of international teachers has emphasised the need for countries in the Middle East and North Africa (Mena) region to start producing high quality educators rather than only receiving them from more developed nations, ac
When Egyptian central bank governor Hesham Ramez quit, phones began ringing as bankers congratulated each other on the departure of a man they say refused to change course even as Egypt careered from currency crisis toward trade crisis.
Bahrain's three municipal councils could hold an urgent meeting after hundreds of butchers allegedly threatened to close their businesses or market stalls and lay off staff. The Muharraq Municipal Council is calling for the extraordinary m
Workers in Volkswagen's home town of Wolfsburg have been left fearing for their futures after the carmaker was plunged into crisis because of rigged US diesel emission tests.
VW has seen its long establishe
Oil prices fell more than 4 per cent to fresh 6-1/2-year lows after Chinese stock markets suffered their biggest one-day drop since the global financial crisis, intensifying worries over the outlook for global oil demand.
Four leading Arab politicians and thought leaders have called for the convening of the second Syrian National Congress in a bid to solve the Syrian crisis.
"This is the only way (out)," said Abdelelah Alkhatib, former fo
India's fight against AIDS is being jeopardised by a cut in social spending by Prime Minister Narendra Modi's government, with health workers being laid off and programmes to prevent the spread of the deadly disease curtailed.
Canadian lawyer Dick Pound, who headed the investigation to clean up the International Olympic Committee after the 2002 Salt Lake City winter games corruption scandal, said on Friday that the FIFA crisis was worse than anything the IOC faced.