Transparency is on the decline: odometer fraud is worsening as the vehicle fleet ages The analysis paints a worrying picture of Romania’s used car market. According to the latest Transparency Index, which assesses the overall state of the market, Romania ranks 22nd out of 25 countries studied, ceme»»»

TISA Hotel Group has invested more than EUR 6 million in expanding its presence in Baile Olanesti, strengthening its position within Romania’s growing wellness and balneary tourism sector. The investment supports the development of Grand Hotel TISA, a four-star property scheduled for completion in »»»

Secretary of the Interior Doug Burgum on Monday announced a deal with the French energy company TotalEnergies that will refund nearly $1 billion in offshore wind farm lease fees so that it can be reinvested in fossil fuel production. Photo by Bonnie Cash/UPI | License Photo March 23 (UPI) -- The Tr»»»

Cars and TransportationGermanyWhat's next for Germany's troubled car giants?Thomas KohlmannGerman automakers are in a crisis due to stagnant sales, falling profits and constant strategy shifts. Can the industry recover? https://p.dw.com/p/5AmYIGerman carmakers are still struggling to embrace the fu»»»

On the first day of the election campaign, Margarita Ivanova, top-of-the-list candidate of the Anti-Corruption Bloc in the southern city of Smolyan, met with local residents to speak about the coalition's platform. She outlined her vision for a Bulgaria free of corruption, emphasizing transparency,»»»

Yao Ming's career with the Houston Rockets transformed basketball into a shared cultural space linking American and Chinese audiences through “hoop diplomacy.” File Photo by Lori Shepler/UPI | License Photo March 19 (UPI) -- As millions of Americans fill out brackets for March Madness, the annual N»»»

TISA Hotel Group has invested more than EUR 6 million in expanding its presence in Băile Olănești, strengthening its position within Romania’s growing wellness and balneary tourism sector. The investment supports the development of Grand Hotel TISA, a four-star property scheduled for completion in »»»

This performance comes amid a local and international economic context marked by uncertainty and a more cautious approach by companies regarding expansion or relocation decisions. Under these conditions, the rapid leasing pace of the new building confirms the continued demand for high-tech, efficie»»»

Doha, Qatar: The General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs has announced the receipt of a new cash endowment worth QR100,000 from a female benefactor, to be allocated to the endowment fund dedicated to the care and maintenance of mosques. The donor stipulated th»»»

Volkswagen has regained the top position in China’s auto market, overtaking domestic electric-vehicle champion BYD as changing policy incentives reshape the world’s largest car market. According to industry data for early 2026, the German automaker captured roughly 13.9% market share, placing it ah»»»

Dubai: Red Rock Technology has committed a $10 million investment to develop Seedelligence, an artificial intelligence architecture designed to power the National Food & Seed Sovereignty Institute and its future global locations. Unlike conventional agritech systems, where artificial intelligence m»»»

FRANKFURT, Germany — Increased German government debt spending designed to boost infrastructure investment is being misused, economists charged Tuesday, warning that Berlin risked wasting a chance to revive its moribund economy.Chancellor Friedrich Merz last year vowed to borrow and spend hundreds »»»

London: British luxury carmaker Bentley on Tuesday said it plans to cut 275 jobs as it navigates tough market conditions and the transition to electric vehicles. The reduction of roughly six percent of its workforce comes as Bentley, owned by Germany's Volkswagen, reported a sharp fall in operating»»»

What began as a one-man operation in a Stuttgart workshop in 1926 has since become a global standard for battery- and gasoline-powered equipment in forestry, landscaping and residential use. The family-owned company STIHL, rooted in the tradition of gasoline-powered products, consciously pursues a »»»

The winners in the 2025 Annual Responsible Business Awards were announced by the Bulgarian Business Leaders Forum here on Monday. The awards marked the 23rd edition of the national competition for corporate social responsibility, sustainable development and diversity. Awards in the individual categ»»»

Social media giants made decisions which allowed more harmful content on people's feeds, after internal research into their algorithms showed how outrage fuelled engagement, whistleblowers told the BBC. More than a dozen whistleblowers and insiders have laid bare how the companies took risks with s»»»

Six citizens of Kyrgyzstan were injured in a road accident on Kaluzhskoye highway in New Moscow, the Ministry of Foreign Affairs of Kyrgyzstan reported. According to the ministry, the accident occurred on March 14 at the 45th kilometer of Kaluzhskoye highway and involved a sightseeing bus and a Vol»»»

Nine citizens of Kyrgyzstan were injured in a traffic accident in Moscow involving a bus carrying children. A Volkswagen minibus that crashed on Kaluzhskoye highway was reportedly transporting Kyrgyz nationals, TASS reported, citing a source in emergency services. It is reported that the passengers»»»

Kazakhstan and Kyrgyzstan are pursuing plans that could make them significant players in the crypto arena. However, their activities are linked by some observers to attempts by Russian entities' to circumvent Western sanctions. »»»

Kazakhstan and Kyrgyzstan are pursuing plans that could make them significant players in the crypto arena. However, their activities are linked by some observers to attempts by Russian entities' to circumvent Western sanctions. »»»

Lithuanian start-up Saltz has raised EUR 20 mln in a Series A funding round to expand its online platform for wholesale food trade. The investors include the European Bank for Reconstruction and Development, venture funds such as Inovo VC, which invested EUR 7 mln, as well as Lifeline Ventures and »»»

U.S. Trade Representative Jamieson Greer speaks during a Senate Appropriations Committee hearing on the 2026 budget for the Office of the Trade Representative in December. His department just announced investigations into 60 economies for allowing trade from countries with forced labor. File Photo »»»

Research conducted in Romania and other European countries by the automotive data company carVertical examined the most extreme cases encountered in 2025 on the used car market. We discovered cars that had been “refreshed” with hundreds of thousands of kilometers, repair costs reaching astronomical»»»

BusinessGermanyOil price hike threatens Germany's economySabine KinkartzHow high will the Iran war drive up the prices of oil, gasoline, and diesel? There is great concern that the price shock could dash hopes for economic recovery in Germany. https://p.dw.com/p/5AH3aGermany holds 143 million barre»»»

In the first half of 2025, Kyrgyz businesses invested approximately $82 million in other EAEU countries, the press service of the Eurasian Economic Commission reported. According to the commission, $69.9 million was invested in Russia, $11.2 million in Kazakhstan, and $0.8 million in Belarus. A sma»»»

Abu Dhabi: On Emirati Doctor's Day, observed on March 11 every year, the stories of dedication, service, and national pride of UAE national doctors come into focus. One such doctor is Abu Dhabi-based Dr Ahmed Al Neyadi, whose journey has been shaped by personal determination, the strong support of »»»

WOLFSBURG — Volkswagen Group has announced a major restructuring programme as the company confronts declining profitability and rising competition from Chinese electric-vehicle makers. Europe’s largest carmaker said it plans to cut around 50,000 jobs in Germany by 2030, expanding earlier cost-reduc»»»

WOLFSBURG, Germany — Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016."In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany," Volkswagen CEO Oliver Blume said in a letter to shareholde»»»

Regional defence and machinery conglomerate Czechoslovak Group (CSG) has rejected claims about the existence of a backdoor “money-channel” between financial start up Fingood and the Kallan Legal law firm, majority owned by Slovak Minister of Defence Robert Kaliňák.  »»»

Regional defence and machinery conglomerate Czechoslovak Group (CSG) has rejected claims about the existence of a backdoor “money-channel” between financial start up Fingood and the Kallan Legal law firm, majority owned by Slovak Minister of Defence Robert Kaliňák.  »»»

German automaker Volkswagen plans to cut 50,000 jobs by 2030 after announcing pre-tax profits have sunk 54%. File Photo by Keizo Mori/UPI | License Photo March 10 (UPI) -- German automaker Volkswagen plans to cut 50,000 jobs by 2030 after announcing pre-tax profits have sunk 54%. The job cuts are p»»»

Volkswagen has said it will cut 50,000 jobs in Germany by 2030 as its profits dropped to their lowest level since 2016. Chief executive Oliver Blume told shareholders that the cuts would take place in Germany and fall across the entire group, including Audi and Porsche. Europe's largest carmaker sa»»»

New motor vehicle registrations in Romania decreased in February 2026 by 24.4% from the same month in 2025, according to preliminary data published by the General Directorate of Driving Licenses and Vehicle Registrations (DGPCI) and processed by the Association of Romania's Motor Vehicle Manufactur»»»