Volkswagen loss widens more than expected in Q3, raising restructuring stakes - Reuters

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  A massive tax reversal from the previous year skewed comparative earnings, creating a sharp bottom-line drop despite healthy top-line expansion. Profitability was further squeezed by elevated energy expenses and seasonal disruptions, forcing operating margins to contract significantly. Amid these near-term headwinds, the producer secured investor backing to merge with key industry peers under a unified operational strategy.

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  Leadership is pressing ahead with listing preparations in the American public markets despite facing skepticism from prospective backers regarding the company's worth. The aggressive stance reflects confidence in securing a substantial market debut even as external concerns emerge. Achieving this multi-billion-dollar benchmark would position the firm for significant financial expansion.

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• Samsung Electronics earned nearly as much as Microsoft and Alphabet combined. What the Korean giant is now saying about the memory-chip outlook.

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