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VW’s $18.6 billion truck IPO to test CEO’s overhaul push

Bloomberg Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test Chief Executive Officer Herbert Diess’s ambition of overhauling the carmaking behemoth. The manufacturer intends to offer stock in Traton SE, which sells MAN and Scania AB vehicles, for between 27 euros to 33 euros per share, it said ...

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Netflix steps up multimedia push

Bloomberg Netflix Inc. is unveiling new video games based on its shows, stepping up efforts to turn its streaming platform into a multimedia empire. Netflix is just starting to explore the possibility of turning its movies and TV shows into other products. The show is one of the service’s most popular, especially in the US and among younger viewers. The ...

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Canada is luring technology talent away from US with fast-track visa

Bloomberg A Canadian program designed to speed up the hiring of foreign talent is attracting thousands of tech workers and other skilled employees, many of whom are unhappy with restrictive US immigration policies. The Global Skills Strategy, which came into effect two years ago, has attracted about 24,000 people over the past two years, according to government figures. The program ...

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