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BERLIN/HAMBURG (Reuters) – Volkswagen (VOWG_p.DE) Chairman Ferdinand Piech’s iron grip on the German carmaker has been severely weakened following a dramatic confrontation with senior board members last week that nearly resulted in a push to oust him, sources told Reuters. Piech, patriarch of the family that founded Volkswagen and a dominant figure at the automaker for more than two decades, triggered a leadership crisis at the Wolfsburg-based firm by criticizing
Saudi Basic Industries Corp faces heavy pressure on its profits due to cheap oil but will keep investing globally to boost capacity in key areas, its acting chief executive said on Sunday after the company reported a 39 plunge in first-quarter profit. SABIC , one of the world’s largest petrochemicals groups and Saudi Arabia’s biggest listed firm, said net profit sank to 3.93 billion riyals ($1.05 billion) in the three
Could they be any cuter? Kourtney Kardashian and Scott Disick jetted off to Las Vegas over the weekend to celebrate her 36th birthday at a party at the 1OAK nightclub in the Mirage…
Happy birthday, Kate Hudson! On this her 36th birthday, it’s only right to sing praise to the actress’ colorful collection of street style wear. C’mon—she’s a…
Country is going big in Texas! The 2015 Academy of Country Music Awards are ready to celebrate their 50th anniversary tonight on CBS and music fans sure have a lot to look forward…
Kicking things off with a bang! When Miley Cyrus appeared on stage for Saturday night’s Rock and Roll Hall of Fame induction ceremony, nobody knew exactly what to expect. As it turns…
Looks like we are all tied up! Almost two years after Reggie Bush and wife Lilit Avagyan welcomed a baby girl, E! News can reveal the happy couple is now welcoming their first boy into…
True fact: Outlander fans just might be the most passionate fanbase around, especially when it comes to the core romance of Jamie (Sam Heughan) and Claire (Caitriona Balfe)! We have known…
Anne of Green Gables star Jonathan Crombie has died, according to CBC News. He was 48. His sister Carrie Crombie told the Canadian news organization that her brother suffered a brain…
Ladies and gentlemen, we present to you one pretty adorable family. More than three months after welcoming their second child together, Nick Lachey and Vanessa Lachey decided to thank…
