Original version

BBC World Service Australasia

World Business Report

Factual: Money

The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

BBC World Service

BBC World Service Online

BBC World Service Europe and the Middle East

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

BBC World Service South Asia

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

World Business Report: First broadcast 2016/04/21 22:32 GMT: VW Reaches Deal with US Over Emissions Scandal

Bulletins

VW.jpg

First broadcast 2016/04/21 22:32 GMT

First broadcast 2016/04/21 22:32 GMT: VW Reaches Deal with US Over Emissions Scandal

VW Reaches Deal with US Over Emissions Scandal

BBC World Service - World Business Report, VW Reaches Deal with US Over Emissions Scandal

Volkswagen has reached a deal in the US over the diesel emissions scandal.

German carmaker Volkswagen will pay "substantial compensation" and buy back more than half a million cars in the US as part of a deal to settle the diesel emissions scandal. Keith Lang, the Washington Correspondent of the Detroit News, gives his reaction.

Also on the programme, Canada is legalising marijuana for recreational use. We hear from one of the companies who see the move as a business opportunity. 

Ali Al-Naimi, Saudi Arabia's oil minister for the past two decades, was sidelined during the recent Doha conference of oil producers by Saudi's deputy Crown Prince, Prince Mohammed. Economist Irwin Stelzer of the Hudson Insitute gives his view on Mr Al-Naimi's weakened status and what this means for the country. 

An official investigation has cleared President Zuma of South Africa of longstanding corruption allegations. The allegations relate to a $1.4bn deal to buy military equipment from Europe in the late 1990s. The BBC's Karen Allen in Johannesburg looks at whether this latest development draws a line under the allegations. 

And, on the Queen's 90th birthday - we ask what the secret is to enjoying work into your tenth decade. Alex Ritson presents.

(Image: The VW logo on the hood ornament of a car. Credit: Sean Gallup/Getty Images)

Accessibility links

Programme Index

World Business Report

First broadcast 2016/04/21 22:32 GMT: VW Reaches Deal with US Over Emissions Scandal

Genres

Formats

Brand

BBC World Service Australasia

About BBC World Service