VW shares slide in early morning trade

Shares in auto giant Volkswagen continued to slide on Monday, shedding nearly seven percent as the scandal over rigged pollution tests shows no signs of abating.

France to boost foreign aid

France said Sunday that it would ramp up foreign assistance, pumping in an extra four billion euros ($4.5 billion) per year starting in 2020.

Shell halts Alaska oil exploration

Shell said on Monday it was halting its controversial offshore exploration in Alaska after failing to find sufficient quantities of oil and gas.

Volkswagen names Porsche boss new CEO

Embattled carmaker Volkswagen tapped Porsche chief Matthias Mueller Friday to steer it out of the wreckage of a widening scandal over pollution test rigging.