India has issued a notice to Volkswagen for allegedly evading $1.4 billion in taxes by underpaying import tax on components for its Audi, VW, and Skoda cars, causing a 2.13% drop in Volkswagen shares. The potential liability of $2.8 billion with penalties could impact VW’s India business, which is planning a $1.8 billion investment in EVs and hybrids in Maharashtra amidst disputes with its labour in Germany and competition from Chinese automakers in Europe.
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Moody's (MCO) Q2 2025 Earnings Call Transcript
In Q2 2025, Moody's (NYSE:MCO) showed resilience by achieving revenue growth and increased adjusted operating margins despite a tough origination landscape and issuance declines. The company is focusing on private credit for growth, enhancing its role through strategic investments and partnerships, while also integrating GenAI and digital solutions to boost engagement and monetization opportunities. Want More Context? 🔎
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