UPDATE 1-VW under pressure for answers as emissions scandal deadlines loom WOLFSBURG, Germany, Oct 6- Hans Dieter Poetsch's first board meeting as chairman of Volkswagen on Wednesday could turn out to be his most important, coming just hours before a deadline set by German regulators and testimony by the company's top U.S. executive in Congress. Europe's largest carmaker is under huge pressure to find those responsible for installing...
| By: Andreas Cremer
VW: Time to overhaul governance Investors want to see better governance in German carmaker Volkswagen following the emissions scandal, according to Arndt Ellinghorst at Evercore.
| By: Luke Graham, special to CNBC
UPDATE 3-Oil edges lower on profit-taking after price rally LONDON, Oct 6- Oil edged lower on Tuesday as some investors sold out of positions following a rally in the previous session that saw crude gain more than 2 percent on news that major producers may meet to counter the recent price decline. Brent crude, the global oil benchmark, was down 20 cents at $49.05 a barrel by 0812 GMT. "The move is mainly down to profit-taking at...
| By: Karolin Schaps
UPDATE 1-EU states might get budget relief on refugee costs -officials LUXEMBOURG, Oct 5- European Union countries might be allowed to exclude costs of the migrant crisis from budget deficit calculations on a case-by-case basis, EU officials said, as Austria pushed for its spending on refugees to be exempt. Austria, one of the countries most affected by the migrant crisis, last year reached the required budget balance in structural...
| By: Francesco Guarascio
VW board huddles up Volkswagen's supervisory board will hold an extraordinary meeting on Wednesday at which finance chief Hans Dieter Poetsch is expected to be appointed as new head of the 20-member controlling panel.
UPDATE 1-Volkswagen to hold extraordinary board meeting on Wed-sources BERLIN, Oct 4- Volkswagen's supervisory board will hold an extraordinary meeting on Wednesday at which finance chief Hans Dieter Poetsch is expected to be appointed as new head of the 20- member controlling panel, two sources said on Sunday. Europe's biggest carmaker faces the worst business crisis in its 78- year history after it admitted cheating diesel...