Economy
16:46 13/10/2015
VW to cut investment in core brand to cope with scandal
Volkswagen will cut investment plans at its biggest division by 1 billion euros ($1.1 billion) a year and step up development of electric vehicles, it said on Tuesday, as it battles to cope with the fallout from its cheating of diesel emissions tests, Reuters reported.
The German company also said it would speed up cost cutting at the VW division, its largest by revenues, and put only the latest and "best environmental technology" in diesel vehicles.
Europe's largest carmaker is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive U.S. regulators about the true level of their toxic emissions.
The scandal has wiped about a quarter off its market value, forced out its long-time chief executive and rocked both the global car industry and the German economy.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
Newsfeed
17:01
Stephen King leaves X over 'toxic' environment
Stephen King announced he is leaving X as the social media platform has become 'too toxic' for him, the Daily Mail reported....
Source Panorama.am
16:45
Windy conditions expected in parts of Armenia on Saturday
Clear weather is expected in Armenia’s regions on Friday and overnight Saturday, the Hydrometeorology and Monitoring Center reports....
Source Panorama.am
16:35
Stop Greenwashing Genocide!: Protest held outside UN office in Yerevan
A COP29 protest “Stop Greenwashing Genocide!” has started outside the UN office in Yerevan.
Swedish eco-activist Greta...
Source Panorama.am
16:15
COP29 host Azerbaijan accused of crackdown on environmental activists
The Azerbaijani government is using COP29 to crack down on environmental activists and other political opponents, according to human rights...
Source Panorama.am
15:59
Yerevan court orders compulsory attendance of Kocharyan, two others at next hearing
Former Armenian President Robert Kocharyan, opposition leader Seyran Ohanyan, a former defense minister, and former CSTO Secretary-General Yuri...
Source Panorama.am
15:06
Armenian government approves ֏248 million to co-finance community programs
The Armenian government has approved the allocation of 248 million drams to co-finance six urgent programs in Armenia’s four provinces....
Source Panorama.am
14:36
Putin, Aliyev hold phone call
Russian President Vladimir Putin on Friday held a telephone conversation with his Azerbaijani counterpart Ilham Aliyev.
They discussed...
Source Panorama.am
13:57
No one charged over misappropriation at ANIF
No one has yet been charged as part of a criminal probe into abuse of office and large-scale misappropriation at the Armenian National Interests...
Source Panorama.am
12:57
Meeting with Armenia impossible until December, Azeri FM says
The negotiation process between Azerbaijan and Armenia consists of two components, including face-to-face meetings, Azerbaijani Foreign Minister...
Source Panorama.am
12:36
Indian Film Festival kicks off in Yerevan
Armenia's Deputy Minister of Education, Science, Culture and Sports Artur Martirosyan attended the opening of the Indian Film Festival...
Source Panorama.am
12:02
Nations League: Armenia lose to Faroe Islands
Armenia suffered a home defeat to the Faroe Islands in the 5th round of the UEFA Nations League on Thursday.
Viljormur Davidsen's...
Source Panorama.am
11:33
Georgia reiterates readiness to mediate between Armenia, Azerbaijan
Georgian Prime Minister Irakli Kobakhidze has reiterated his country’s readiness to mediate talks between Armenia and Azerbaijan....
Source Panorama.am
11:15
At least 30 killed in Israeli strikes on Lebanon
About 30 people have been killed and another 30 sustained wounds in a series of Israeli air strikes on Lebanon, TASS reported, citing Al...
Source Panorama.am
11:06
Armenian, Iranian FMs discuss bilateral agenda
Armenian Foreign Minister Ararat Mirzoyan on Thursday had a telephone conversation with his Iranian counterpart Seyed Abbas...
Source Panorama.am
17:18
Pashinyan again criticizes Armenia's Declaration of Independence
Armenian Prime Minister Nikol Pashinyan has again blasted the 1990 Declaration of Independence, claiming that its content hinders...
Source Panorama.am
16:56
14 November is World Diabetes Day
World Diabetes Day is observed annually on November 14 to raise global awareness about diabetes, a significant public health challenge...
Source Panorama.am
16:38
Showers possible in Yerevan on the weekend
Clear weather is expected in Armenia on Thursday and Friday, the Hydrometeorology and Monitoring Center reports.
Rain and snow are forecast...
Source Panorama.am
16:16
Lawyer: Not a single anti-torture group has been allowed to visit Armenian prisoners
23 Armenians are officially confirmed by Azerbaijan to be in its custody, says human rights lawyer Siranush Sahakyan, who represents Armenian...
Source Panorama.am
15:28
Armenia's stance on CSTO unchanged, Foreign Ministry says
Armenia’s position on its membership in the Moscow-led Collective Security Treaty Organisation (CSTO) remains unchanged, Foreign Ministry...
Source Panorama.am
14:46
At least 20 aid workers killed in Gaza in a month
Israel has killed at least 20 aid workers in Gaza over the past month, humanitarian groups told Al Jazeera, as it continues its relentless war...
Source Panorama.am
14:27
Lawyer: At least seven Armenian women tortured to death by Azeri soldiers in 2020
Azerbaijan is using the COP29 UN climate summit both to “greenwash” and “peacewash” its global image, says Anna...
Source Panorama.am
13:36
Expert: Armenia very vulnerable to climate change
Climate change expert Irina Ghaplanyan warned of Armenia’s vulnerability to climate change as she addressed a conference titled “The...
Source Panorama.am
13:01
Gurgen Arsenyan attends Lavrov's meeting with CSTO ambassadors
Russian Foreign Minister Sergey Lavrov on Wednesday held a meeting in Moscow with ambassadors and permanent and plenipotentiary...
Source Panorama.am
12:36
Extreme hypocrisy: Greta Thunberg slams COP29 in Azerbaijan
Swedish environmental activist Greta Thunberg on Thursday attended a conference titled “The Impact of Azerbaijan’s Aggression on...
Source Panorama.am
11:55
Impact of Azeri aggression on environmental protection: COP29 side event kicks off in Yerevan
Yerevan is hosting a conference titled “The Impact of Azerbaijan’s Aggression on Human Rights and Environmental...
Source Panorama.am
11:34
French ecology minister hits back at Aliyev
France's ecology minister pulled out of the COP29 climate talks in Azerbaijan Wednesday after its authoritarian leader accused France of...
Source Panorama.am
11:22
Two Armenian players among leaders at European Individual Chess Championship
The European Individual Chess Championship 2024 continues in Petrovac, Montenegro.
After the 6th round, the sole leader is Serbian GM...
Source Panorama.am
11:00
Who are Trump's latest Cabinet picks?
US President-elect Donald Trump has chosen former Democratic congresswoman Tulsi Gabbard to serve as his director of national intelligence....
Source Panorama.am
17:07
Defense minister: Armenia has no plans to use military to reclaim occupied lands
Armenia has no plans to reclaim around 200 square kilometers of land currently under Azerbaijani occupation by military means, Defense...
Source Panorama.am
16:50
Acba bank and American Express expand collaboration in Armenia
Acba bank and American Express have announced an expansion of their long-standing agreement which grants Acba the license to issue American...
Source Panorama.am
Videos
17:32 20/02/2023
Artur Vanetsyan: I think you'll see me more often at various events in future
17:35 20/02/2023
Armenian expert: U.S. stance on Karabakh remains unchanged
13:59 09/02/2023
Premature births increase in Artsakh due to stress
12:43 09/01/2023
Snow-covered Yerevan
15:41 15/12/2022
Gegham Stepanyan calls for sanctions against criminal Azerbaijan
11:45 29/11/2022
Memorial plaque honoring Yeghishe Charents inaugurated in Yerevan
