reorganization

Union Warns Volkswagen May Cut Up to 140,000 Jobs

Planned reorganization at Volkswagen could affect up to 140,000 jobs, unions warn. Management will present a cost-cutting plan on August 25.

Central Bank of Azerbaijan Revokes Bank BTB License, Transforms It into Non-Bank Credit Organization T-Kredit

The Central Bank of Azerbaijan has revoked the banking license of Bank BTB and issued a license to its successor, the non-bank credit organization T-Kredit.