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Canadian inflation surges, boosts chances of September rate hike Friday, 17 Aug 2018

OTTAWA (Reuters) - Canada's annual inflation rate surged to 3.0 percent in July, its highest level in nearly seven years, raising expectations that the Bank of Canada might raise interest rates again as soon as next month and pushing the Canadian dollar higher.  Full Article

 
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VW's CEO was told about emissions software months before scandal: Der Spiegel 11:13am EDT 

FRANKFURT (Reuters) - Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said.  Full Article  

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China's Geely in deal to let Malaysia's Proton tap new-energy, other vehicle tech in global push 9:09am EDT 

BEIJING (Reuters) - Chinese automaker Geely has agreed to extend its existing partnership with Proton Holdings Berhad to upgrade the Malaysia carmaker's line-up of cars and power Proton go beyond Malaysia, part of an ongoing effort to help Proton establish a presence in China and other international markets.  Full Article