Volkswagen has announced plans to cut 30,000 jobs worldwide with about 23,000 of the losses borne in Germany.

VW, still dealing with the aftermath of the emissions-cheating scandal, aims to rejuvenate its core brand, and develop new electric and self-driving cars.

Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Volkswagen plans 30,000 job cuts worldwide

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Tesco Bank’s chief executive has blamed “a systematic, sophisticated attack” for the money taken from 20,000 of its customer accounts.

Benny Higgins said the bank knew “exactly” what the attack was, but could not say more because it was part of a criminal investigation.

He said all affected customers would be refunded by the end of Tuesday.

Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Tesco Bank blames 'systematic sophisticated attack' for account losses

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Global wildlife populations have fallen by 58% since 1970, a report says.

The Living Planet assessment, by the Zoological Society of London (ZSL) and WWF, suggests that if the trend
continues that decline could reach two-thirds among vertebrates by 2020.

Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – World wildlife 'falls by 58% in 40 years'

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A French appeals court has slashed the amount of damages due to be paid by rogue trader Jerome Kerviel to €1m ($1.12m; £860,00).

Kerviel had been ordered to pay back the €4.9bn of losses his trades amassed for his ex-employer Societe Generale.

Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Court slashes damages to be paid by ex-trader Kerviel

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Angela Merkel’s party has made historic losses in elections for the Berlin state parliament after a mayor warned of a resurgence of Nazis in Germany.

Many voters turned to the far-right Alternative for Germany (AfD), which with 13 per cent of the vote will enter the German capital’s assembly for the first time, according to initial projections.

Before the election, mayor Michael Müller had warned that a double-digit total for the AfD would’ be seen around the world as a sign of the return of the rightwing and the Nazis in Germany’.

Mrs Merkel’s Christian Democratic Union polled at 18 per cent – a drop of 5 points.

The centre-left Social Democrats (SPU) dropped 6 per cent to 22, but remain the largest party, and are expected to ditch the CDU from their current coalition.

It comes as Mrs Merkel admitted she wished she could ‘turn back time’ to prepare herself over the refugee crisis that unfolded in 2015.

Read the Full Article: Source – Daily Mail
Time For Truth: (Daily Mail) – Berlin Mayor Warning of 'Resurgence of Nazis in Germany'

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