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Volkswagen to take big stake in Navistar

  Bloomberg Volkswagen AG will buy a 16.6 percent stake in Navistar International Corp. for $256 million as part of a strategic alliance with the struggling US truckmaker to enter the North American market. VW will pay $15.76 per share for the stake, which is part of a collaboration that includes technology sharing and joint purchasing, Navistar said on Tuesday. ...

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After setbacks, IS extremists dig in with focus on deadly attacks

Beirut / AFP Despite major setbacks including the loss of access to the Syria-Turkey border and the assassination of several top leaders, the IS group remains a potent force, analysts warn. The increasing pressure on IS, including Turkey’s decision to launch an operation against it in northern Syria, has seen the organisation lose ground at an unprecedented pace. But the extremist ...

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IS announces death of Australian extremist in Syria

  Beirut / AFP The IS group has announced the death in Syria of an Australian extremist convicted over a 2005 plot to bomb the Melbourne Cricket Ground, in a new English-language magazine. Ezzit Raad, who travelled to the Middle East after serving time in jail, died fighting for IS in Manbij near the battleground city of Aleppo in northern ...

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