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Volkswagen profits hit as high costs, China woes weigh
Volkswagen profits hit as high costs, China woes weigh
by  AFP

German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition.

Ships still on fire after North Sea crash
Ships still on fire after North Sea crash
by  AFP

Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet fuel in the North Sea, as questions mounted about how the accident happened. The Stena Immaculate was carrying around 220,000 barrels of jet fuel.

Trump says will buy a Tesla to show support for Musk
Trump says will buy a Tesla to show support for Musk
by  AFP

US President Donald Trump said Tuesday he will buy a "brand new Tesla" to show support for his top campaign donor and advisor, Tesla CEO Elon Musk. "I'm going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American.