Volkswagen Shares Drop 18%
Volkswagen shares drop sharply following revelations that the manufacturer used illegal software to cheat on emissions tests.
Volkswagen shares drop sharply following revelations that the manufacturer used illegal software to cheat on emissions tests. The company has been ordered to recall nearly half a million cars and could now face multi-million dollar fines and criminal charges. We hear from the ICCT - the environmental organisation that triggered the allegations against Volkswagen
China might not seem like a good place to start a business these days: Shaky stock markets, devalued currency and faltering foreign investment might put off most. The ѿý's Celia Hatton visits an incubator in Beijing to see what it's like for a startups in China amid so much uncertainty.
Plus, is your own home turning against you? Research from Reading University in the UK claims that as houses are made more air-tight in the name of energy-efficiency we could see an increase in allergies, breathing problems and other health issues.
From Singapore, we are joined by David Kuo and from New York, we speak to Elmira Bayrasli, author of the book “From the Other Side of the World: Extraordinary Entrepreneurs, Unlikely Places”.
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- Tue 22 Sep 2015 00:06GMTѿý World Service
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Business Matters
Global business news, with live guests and contributions from Asia and the USA.