Volkswagen (VOW3 GY) CEO intends to drastically intensify job cuts, actually close four German plants, and spin off the VW brand into a new company, according to Manager Magazin; job cuts could total 100k
Citi's fund flow highlights notes bond funds attracted USD 16.6bln of inflows while equity funds saw USD 5.0bln of outflows
Kazakhstan Energy Minister says we may consider fuel exports to Russia if there is an official request
Volkswagen (VOW3 GY) CEO intends to drastically intensify job cuts, actually close four German plants, and spin off the VW brand into a new company, according to Manager Magazin; job cuts could total 100k
Lenovo (0992 HHK) has cautioned that DRAM and NAND prices have commenced a structural upcycle, with prices unlikely to return to early-2025 levels even if there is a capacity increase
Israeli PM Netanyahu says "we will remain in the security zone in southern Lebanon as long as necessary"; "have ordered the army to have complete freedom of action to counter any threat against our forces or residents of the north"
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