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Global Markets News

Head of VW's Audi arrested in Germany over diesel scandal


FRANKFURT (Reuters) - Volkswagen was holding crisis talks on Monday to find a stand-in boss for its Audi brand, a source familiar with the discussions said, after German authorities arrested Audi CEO Rupert Stadler as part of a probe into emissions test cheating. Read more

Wall Street trades lower, but off session lows


(Reuters) - The three major U.S. stock indexes were trading lower on Monday, but came off session lows, as gains in energy shares eased fresh concerns over a possible trade war following China's retaliation against U.S. tariffs. Read more

Square obtains NY State cryptocurrency license


NEW YORK (Reuters) - Square Inc , the payments company founded by Twitter Inc CEO Jack Dorsey, has obtained a license to offer New York state residents the ability to buy and sell bitcoin through its Cash App, the company said on Monday. Read more