Dutch court says diesel brands now owned by Stellantis had cheating software from 2009
In its intermediary ruling in a class action suit brought by three organisations against Stellantis (STLAM.MI), opens new tab, which now owns the targeted car companies, the court did not determine whether any compensation should be paid.
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The Independent
25 minutes ago
- The Independent
Liverpool unwilling to be dragged into bidding war for Alexander Isak
Liverpool are reportedly pursuing Newcastle United striker Alexander Isak, but the Anfield club is understood to be unwilling to enter a bidding war, even as they anticipate a significant windfall from Darwin Nunez 's impending move to Saudi club Al Hilal. The 25-year-old Sweden international has been at the centre of transfer speculation, having been made to train alone on Wednesday after missing Newcastle's pre-season trips to Singapore and South Korea. Despite the Magpies ' repeated insistence that Isak, bought for £63m in 2022, is not for sale with three years remaining on his contract, the player has reportedly signalled his desire to explore options and resisted signing a new long-term deal. Liverpool 's admiration for Isak, who scored the winning goal against them in last season's Carabao Cup final, is well documented, with a substantial £110m bid already swiftly rejected. However, with Darwin Nunez's proposed 53million euros (around £46.3million) transfer to Al Hilal nearing completion, the Reds are reportedly encouraged by Isak's reluctance to commit his future, believing they may still be able to prise him from Eddie Howe's squad without escalating the price. That said, the Reds are understood to have drawn up a series of criteria which will govern their pursuit of the former AIK Solna and Borussia Dortmund forward, or indeed alternative targets. Among them are an insistence that any replacement must be of the required quality, must represent fair market value and perhaps most importantly, must be realistically attainable. In that context, Newcastle's asking price of £150m – which was designed to ward off potential suitors – would seem a significant obstacle, as would their long-held stance on his availability, although there is little doubt that he would meet the quality requirement having scored 27 goals in all competitions last season. In addition, the Magpies' interest in RB Leipzig's Benjamin Sesko looks unlikely to come to fruition with Manchester United confident they are in the driving seat, complicating the search for a credible replacement with Chelsea's Nicolas Jackson having being touted as an option. Newcastle were already in the market for a striker following Callum Wilson's departure at the end of last season, but plugging the gap left by a man around whom Howe would ideally want to build his team, during a summer which has already proved intensely difficult, would be both difficult and expensive. The alternative is to persuade Isak that his future remains at St James' at least in the short term – there is little doubt that his head has been turned – and that is a task which would take all his manager's estimable powers. It remains to be seen whether or not Liverpool will increase their offer for the player if and when the Nunez deal is finalised. They will bank a significant proportion of the 75m euros – around £65.4m – plus bonuses they paid Benfica for the 26-year-old Uruguay international in June 2022, having rebuffed advances from Saudi Arabia in January and Napoli, who are understood not to have met the club's valuation and to have wanted to pay the fee over five years, this summer.
Reuters
26 minutes ago
- Reuters
German defence group Rheinmetall cites contract delays in forecast miss
BERLIN, Aug 7 (Reuters) - Rheinmetall ( opens new tab on Thursday reported second-quarter sales and profit below expectations, citing delays in German defence contract awards, but affirmed its full-year forecast on expectations for a flood of orders later in the second half. The German defence company reported sales of 2.43 billion euros ($2.8 billion) in the three months to June, below the 2.53 billion consensus forecast according to a company-provided poll. Shares in the maker of tanks, grenades and infantry fighting vehicles were down nearly 6% by 1057 GMT, making it the biggest loser in the DAX index of blue-chip stocks. Analysts said the miss on the headline figures could weigh on the shares but were upbeat about Rheinmetall's outlook. The company confirmed its 2025 sales growth guidance, as it expects more than 80 billion euros worth of orders between 2025 and the first half of 2026, primarily from the German military. JPMorgan analysts expect the company to meaningfully raise its medium-term guidance later this year, once its investments pay off and large orders begin rolling in during the second half. Germany, which did not have a government in place for much of the second quarter, approved exempting defence spending from debt rules in March, opening the way for Europe's largest economy to be able to borrow a total of 380 billion euros between 2025 and 2029 for defence in the budget last month. "Our order books are full and will continue to grow in the future," said CEO Armin Papperger. "Rheinmetall is successfully on its way to becoming a global defence champion." The company is investing in several European countries to create new capacity to meet demand in its core markets of Europe, Germany and Ukraine, Papperger added. The order backlog reached 63.2 billion euros in the first half, up from 48.6 billion in the same period last year. Rheinmetall continues to benefit from increased spending on defence as European countries invest in their militaries to deal with the threat posed by Russia after it invaded Ukraine in early 2022. Quarterly operating profit of 276 million euros missed analysts' consensus, with difficulties in Rheinmetall's civilian business and costs of its new site in Weeze, Germany - where it will produce F-35 fighter jet parts - weighing on margins. The company aims to make a decision on its flagging Power Systems division, which serves civilian industries, before the end of the year and is in talks with several interested parties. Papperger has said that Power Systems, the only division to report a fall in profit, is no longer a core part of the group as Rheinmetall focuses on its booming military business. ($1 = 0.8569 euros)
BreakingNews.ie
26 minutes ago
- BreakingNews.ie
Almost 500 potential victims of human trafficking identified in Northern Ireland
Almost 500 potential victims of modern human trafficking were identified in Northern Ireland over the last year, a new report has found. The Annual Report and Threat Assessment for the Organised Crime Task Force (OCTF) says that the 496 potential victims, 338 males and 158 females, were referred to the National Referral Mechanism, a UK framework to identify and support victims. Advertisement The figure represented a slight decrease on the previous financial year (2022/23), when 530 referrals were received, however the general trend was described as remaining upward. The Organised Crime Task Force's annual results have been welcomed by @Justice_NI Minister Naomi Long. Further information and the full report is available on the Department's website — Justice NI (@Justice_NI) August 7, 2025 It also records that during the financial year 2023-24 some 61 organised crime groups operating in Northern Ireland were being investigated by PSNI. These gangs were assessed as working alongside others across the UK, Republic of Ireland and other parts of Europe. There were 222 arrests by PSNI related to organised crime groups, 8,472 drug seizures, and 187 restraint orders, cash seizures, lifted assets and account freezing orders were made. Advertisement Cocaine was the most seized Class A drug in Northern Ireland, accounting for 94% of all incidents involving Class A drugs. Meanwhile the National Fraud Intelligence Bureau (NFIB) recorded 427 cyber crime reports in Northern Ireland, most relating to the hacking of social media and email accounts, with reported losses of £263,300. However this figure was described as 'likely to be a significant underestimation', with under-reporting an issue. Justice Minister Naomi Long hailed 'another year of excellent results'. Advertisement 'I am grateful for all the agencies involved in delivering another year of excellent results and for their continued, relentless efforts to tackle organised criminality and seize the proceeds of crime,' she said. 'Organised crime groups show no regard for the harm they are causing to individuals and communities, they are only interested in lining their own pockets. 'As the results of OCTF partner agencies' joint operations show, the harm caused to individuals and communities by these criminals will not be tolerated.' She added: 'It is assessed that 75% of organised crime groups are involved in the supply of drugs, so police alone seizing drugs with an estimated street value of £21m, with Border Force and National Crime Agency involved in further seizures, is a significant blow to these groups. Advertisement 'The excellent work and persistence in pursuing criminals who set out to exploit, threaten and spread misery across communities should not be underestimated, but everybody's help is needed to combat organised crime.'
