A probe in countries like south korea. Switzerland launched their own investigations. She vows to take on excessive profiteering in the sector. Hungary orders the army to take on the influx along the border. Volume volkswagen hitting the skids for another. Were down 4. 4 today following the 20 decline yesterday. How did volkswagen take such is a wrong turn . 2013 they ran test on diesel car emissions. They expected diesel cars sold in the u. S. To be exceptionally clean due to tough u. S. Standards but they were surprised to find quite the opposite and reported their findings to the Environmental Protection agency. The epa finally challenged the car maker and issued a statement calling on volkswagen to issue a recall and warned it faces penalties of up to 18 billion. So that really begs the question. What is next . Reports suggest the u. S. Department of justice will launch a criminal probe. Internationally, south korea has opened its own investigation which it says could expand to all
Replaced. Santander announces the death of its chairman, sending shares in the spanish lender lower in early trade. Good morning, everyone. Youre watching Worldwide Exchange and its ail about apple. The day after the postmortem. Shares are down by 6 . You have to wonder why that is. Is it because the it was the usual buy the rumor sell the fact story or is this the tietdenning story sending ripples across the Global Markets . 6 , a huge amount in frankfurt, particularly given shares in apple were up for most of the day. And it was only after the markets as a whole sold off that they finished the day down. When the u. S. Markets open a bit later and before that, of course, well continue to explore all the benefits and new products. Theres a picture there of the iwatch which, when that was announced, saw shares sell off. Part of the reason people suggested that was it wont in fact be available until the new year so it wont make the most of the Christmas Spending spree. No, youre right. B