Ulrich Hackenberg

Volkswagen calls for an extraordinary board meeting over emission tests issue; will appoint Poetsch as the new head

Volkswagen board of directors will conduct an 'extraordinary' meeting. Reports say CFO Hans Dieter Poetsch will be appointed as the new head while plans for adjustments will also be discussed.

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Contest for Nokia's HERE seen as a three-way race

The contest for Nokia's (NOK1V.HE) maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said.

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