Despite the decline, the company's shares were trading higher as profits beat its own consensus estimates.
The decline is attributed to the negative interest rate environment and cautious attitude of customers.
Pontypridd MP warns the UK has some of the worst workplace protections in Europe.
Interdealer broker said it would create jobs over next three years at new technology centre in Belfast.
South Korea's car market, dominated by Hyundai and its affiliate Kia, is relatively small for VW.
The Financial Conduct Authority unveils plans to bring the long-running PPI scandal to an end.
Uncertainty over new orders sees building activity decline.
Governor Mark Carney expected to announce drop to 0.25% on Thursday after Brexit result jitters.
The Hong Kong stock exchange suspends trading for the day amid Typhoon Nida.
Cost cutting helps telecommunications specialist post adjusted operating profit of $10.4m.
Bakery chain says it is alert to changes in consumer demand that may result from the current economic uncertainty.
The fast-food chain says while the changes will increase costs, consumers will be spared.
Increasingly unconventional means are being suggested in a bid to kick-start economic growth.
Downing Street's suspicions endanger 'hard-won mutual trust' between two countries, Beijing says.
HP cancels orders after select products were wrongly priced on UK website due to 'processing error.'
PwC's Belfast-based blockchain technology team worked with Z/Yen in undertaking the global industry survey.
The Crown Commercial Service (CCS) awarded a place on the G-Cloud 8 framework agreement to Credits.
Asset manager had imposed 19% levy on customers wanting to cash in holdings following the vote.
Ms Sturgeon should give Brexit a rest, resist populist legislation and help Scotland's flattened economy
Claims traders are still under enormous pressure to generate profits and minimise risk-taking.
Duterte says he would rather forgo revenue than let the environment be ruined.
The new company will enable research, development and commercialisation of bioelectronic medicines.
UK manufacturing PMI falls from 52.4 in June to 48.2 in July, short of an initial 49.1 estimate.
The bakery and Real Good Food business said its disposal of Napier Brown helped 'transform' business.
Charity uses research by Heriot-Watt and Loughborough Universities to make estimate.
Trinity Mirror's first half profits soar 42% year-on-year despite decline in print revenue.
Shanghai Composite shows muted reaction to China's mixed factory activity data.
Rising inflation, rock-bottom interest rates and Brexit worries mean savings may be worth less than you think.
Investment management company's finance chief Luke Savage is inexorably drawn to emerging markets expansion and product diversity.
While Uber China will reportedly own 20% in the merged company, Didi will invest $1bn in Uber at a $68bn valuation.