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LONDON (Reuters) – Iran told OPEC on Sunday no member country should be allowed to take over another member’s share of oil exports, expressing Tehran’s concern about Saudi Arabia’s offer to pump more oil in the face of U.S. sanctions on Iranian oil sales. FILE PHOTO: A gas flare on an oil production platform in […]

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Herbert Diess, Volkswagen’s new CEO, speaks during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, […]

(Reuters) – Tesla Inc’s (TSLA.O) shares slumped as much as 9 percent on Friday after Chief Executive Elon Musk told the New York Times that his tweet last week about taking the company private was not reviewed by anybody. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ new showroom in […]