News Headlines - 23 April 2016
▽Volkswagen Posts Deep Loss After Taking $18.28 Billion Hit on Emissions Scandal - WSJ
Volkswagen AG took a €16.2 billion ($18.28 billion) charge related to the emissions-cheating scandal, forcing it to slash its 2015 dividends and post a deep loss.
Volkswagen on Friday posted a net loss of €1.58 billion for 2015, compared with a net profit of €10.85 billion a year earlier. The company posted an operating loss of €4.1 billion for the year. Revenue rose 5.4% to €213.3 billion from €202.5 billion.
▽France to invest 3 bln euros in EDF, accept dividends in shares | Reuters
The French state will subscribe for 3 billion euros of a planned 4 billion-euro share issue by EDF and will accept the majority state-owned utility's proposal to pay its dividend on 2016 and 2017 earnings in shares, the French finance and economy ministries said in a joint statement on Friday.
▽North Korea Fires Missile From Submarine Amid Nuclear-Test Alert - Bloomberg
North Korea launched a missile from a submarine off its east coast as troops from neighboring South Korea remain on alert for a possible nuclear test.
The latest poll of the contest by YouGov now shows Labour’s Sadiq Khan with a 20-point lead over Zac Goldsmith in the final round of the contest – 60 per cent to 40 per cent.
▽President Obama: New US-UK trade deal could take 10 years - BBC News
In an exclusive interview with the BBC, Barack Obama has said it could take up to ten years to negotiate a new trade deal with the United States, if UK voters decided to leave the EU.
