Volkswagen capex recalibration: Automaker pares 2030 investment to $186 bn; China, US headwinds grow

Volkswagen Group plans to invest €160 billion ($186 billion) through 2030, a scaled-down outlay that reflects tightening capital allocation as Europe’s largest automaker grapples with mounting pressure in its two biggest markets — China and the United States, Reuters reported.The investment figure, announced by Volkswagen CEO Oliver Blume, is part of the company’s rolling five-year…

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US schools cancel class pictures after Epstein-linked rumours spread online: Are fears over student data and safety justified or fuelled by misinformation?

US schools cancel class pictures after Epstein rumours spark student data concerns. (Getty Images) Several school districts across the US have cancelled or altered plans for annual class pictures after social media posts linked school photography company Lifetouch to a billionaire investor who had past dealings with Jeffrey Epstein.The disruption followed online claims connecting Lifetouch…

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