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  Bloomberg Volkswagen AG offered no hint of concessions after a meeting with European Union regulators over demands the company provide compensation to the bloc’s consumers hit by the diesel emissions scandal. VW will carry out an “EU-wide action plan” to inform customers and repair the vehicles, EU Justice and Consumer Affairs Commissioner Vera Jourova said after meeting with Francisco ...

  Abu Dhabi / Emirates Business HE Abdullah Bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade and Industry, has emphasized the UAE’s role as a major trade gateway for Chinese businesses and investments coming into the region and expanding towards various European and African markets. He pointed out the solid economic relations with China, which ...

  Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with a reach into multiple international markets, has announced its plans for its newest project, Azizi Shaista Residence—a modern, urban-luxury development located in the bustling and highly-accessible Al Furjan neighbourhood in Dubai. The property adds to Azizi Developments’ already impressive portfolio, with the developer currently involved in ...

  Aleppo / AFP Intense air raids shook Syria’s Aleppo on Wednesday as increasing tensions between Moscow and Washington poisoned efforts to revive a failed ceasefire. The UN Security Council is meeting for talks on salvaging the truce — which collapsed on Monday after only a week — but the mood was likely to be tense after the United States ...

  PARIS / AFP France’s presidential race started in earnest on Wednesday as seven rightwing candidates including ex-president Nicolas Sarkozy were confirmed to contest a November primary, with the nominee seen as the likely winner of next year’s election. The stakes are high with polls showing that the winner of a duel between the two leading candidates from the Republicans ...

  Manila / AFP President Rodrigo Duterte’s deadly war on crime is threatening the Philippines’ economy and endangering its democratic institutions, international credit rating agency Standard and Poor’s warned on Wednesday. S&P maintained its stable outlook for the Philippines, but highlighted a range of “weaknesses” under the new Duterte administration that also included his foreign policy and national security statements. ...

  Beijing / AP Liu Jingtang was a Samsung loyalist. The Shanghai technology consultant traded up steadily through its smartphones to the new Note 7. But Liu’s devotion was shaken by the Korean tech giant’s confusing response to its latest product safety scare. Liu, 32, said Samsung Electronics quickly confirmed his Note 7 wasn’t covered by a recall announced last ...

  Frankfurt / AFP Volkswagen investors have filed 1,400 lawsuits seeking 8.2 billion euros in compensation from the car giant over its emissions cheating scandal, a German court said Wednesday, adding to a long list of legal woes for the embattled firm. Investors say the automaker failed to disclose details of the case in a timely way, leading them to ...

  Copenhagen / AFP After a lacklustre recovery from the 2008 financial crisis, Denmark’s central bank has warned that the labour market faces a squeeze as unemployment falls, the population ages and young people shun vocational jobs. At Technical Education Copenhagen, traineeships for another 20 to 30 lorry drivers could probably have been found if only people were interested in ...

  Emirates Business Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, in strategic partnership with the Dubai Design District (d3) and supported by the Dubai Culture and Arts Authority, Downtown Design will return this October 25-28 for its fourth edition as the commercial centrepiece of Dubai Design Week. Hosted in d3, the creative ...