Cuts part of company's strategy to shift low-cost jobs to Asia.
IBTimes was invited by Invest Lithuania to visit the country's exploding startup scene.
Total cost to society from increased pollutants pegged as high as $170m (£112m; €151m).
VW's finance chief Hans Dieter Poetsch expected to be appointed new head of board.
Manufacturing, especially in Germany's Ruhr area, accounts for 22% of the country's GDP.
Steel plant will still be closed, leaving 2,000 plant workers at risk of redundancy.
Carlos Ghosn urges EU not to undermine competitiveness of diesel sector in leaked letter.
The service will only work for advance tickets bought through the Virgin app or website
Some 1,700 are still at risk, although the government has offered a £80m retraining and support package.
John Nelson spoke up about the negative antics of big business leading to 'mistrust in capitalism'.
France becomes first country in Europe to launch independent tests into 'fraud'.
This is a counter-suit to HP's $5bn pending claim against Lynch and Sushovan Hussain.
Browne recounted how the Mail On Sunday outed him and how he lied on record.
Bank of America subsidiary is accused of conflict of interest from ties with Signet Jewellery, a past client.
Other retailers that are looking to cutting jobs include Target and Whole Foods.
Amazon to focus on its own revamped Fire TV and Fire stick.
New VW vehicles fitted with 'defeat devices' were on sale in the UK until 30 September.
IBTimes spoke to Vitalik Buterin about Ethereum's plans involving alternative revenue streams and its moves in China.
Company announces 'temporary halt of sale' of 3% of its stock as they contain EA 189 engines.
Edmund Shing talks us through Volkswagen, Glencore, Eurozone EFTs and Direct Line Insurance.
Acquisition part of Monde's expansion strategy ahead of a stock market listing it plans in 2016.
Financial terms of the deal, which ends 20 lawsuits in US and Germany, were not disclosed.
Tsinghua-owned Unisplendour will buy Western Digital shares at $92.50 each, a 33% premium to the stock's closing price on 30 September.
Several carmakers understate nitrogen oxide emissions, according to tests by Germany's Adac.
The software, which cheated emission tests, is thought to be installed in 1,189,906 cars in the UK.
Official statistics body Eurostat says prices dropped to 0.1% year-on-year in September.
Sales dropped by 1.1% on a like-for-like basis, 0.2 percentage points less than analysts had forecast.
This acquisition signifies comScore's strategy to diversify its analytics business to deal with broader industry changes.
Stefan Larsson, global president of retail major Gap's Old Navy brand, will succeed Lauren.
New rules to cover insurance, driver skills and waiting period.