Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker of electric cars. Most of that sum, around 14 billion euros, will be...
Saudi Arabia has summoned its ambassador in Germany home for consultations over comments by German Foreign Minister Sigmar Gabriel about the political crisis in Lebanon. The Saudi foreign ministry said the government also handed Germany’s representative in Riyadh a protest note over...
Saad al-Hariri, who resigned as Lebanon’s prime minister this month while in Saudi Arabia, said on Saturday he would clarify his position when he returns to Beirut next week. Hariri’s resignation on Nov. 4 threw Lebanon into political crisis and put it center-stage in the Middle...