Bloomberg Volkswagen AG Chief Executive Officer Matthias Mueller is pushing forward with a technological and organizational revamp of Europe’s largest carmaker despite internal opposition and expects his efforts to begin bearing fruit in two to three years. “Some believe this will pass eventually, that Mueller will only be there for five years, then there’s a new boss and when ...

  AFP US industrial snacks giant Mondelez International said Monday it had dropped plans to merge with chocolatier The Hershey Company. The announcement came nearly two months after Hershey, the maker of Reese’s Peanut Butter Cups and Hershey’s Kisses, rejected a $23 billion takeover offer from Mondelez. “Following additional discussions, and taking into account recent shareholder developments at Hershey, we ...

  AFP Internet entrepreneur Kim Dotcom was on Tuesday granted his wish to live-stream his bid to avoid extradition to the United States where he is wanted on online piracy charges. Attempts by the United States to block the live-streaming request were rejected by Judge Murray Gilbert in the Auckland High Court. Lawyers for the US argued live-streaming could pollute ...