Volkswagen Chief Executive Officer Oliver Blume told workers at the main Wolfsburg factory on Tuesday that roughly half of the carmaker’s additional workforce reductions will need to happen in Germany..
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Tungsten West Plc shares soared after securing an investment of up to £71 million ($97 million) from the UK government for the restart of a historic tin and tungsten mine in the southwest of the country.
Statistics Jersey says the increase is slightly lower than the long-term annual average.
Henry Allen, macro strategist at Deutsche Bank, joins Bloomberg's Vonnie Quinn on Bloomberg Brief to discuss market expectations ahead of the PCE data and the Jackson Hole Economic Policy Symposium. (Source: Bloomberg)