Volkswagen (VW) has suspended three Research and Development (R&D) chiefs. They are of its core VW brand, luxury division Audi and sports-car maker Porsche, according to sources. The German automobile’s supervisory board recently agreed to make a number of unidentified employees go on leave until details of VW’s emissions cheating scandal were clarified and resolved. Volkswagen recently named Porsche head Matthius Mueller as its new CEO as it emerged that 2.8 million vehicles in Germany may have been affected by the scandal.

Dr. Sultan Al Jaber dedicates leadership award to UAE President, frontline workers
Dubai achieves highest-ever ranking in Global Financial Centres Index
Stocks gain with oil prices easing on optimism from possible ceasefire talks
Australia moves to double fines for fuel gouging amid shortages
Gulf stocks mixed amid confusion over US-Iran talks
