Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand.
Even if the central bank doesn't pull the trigger later, it is still expected to by the end of the year.
Asian stocks sagged on Monday, with risk sentiment dampened as Shanghai shares wobbled after the Chinese markets resumed trading following a four-day long weekend.
Images from the English Premier League matches played on Saturday
Runaway leaders Bayern Munich survived a torrid opening against Nuremberg, who hit the bar and had two players carried off injured in the first half hour, before hitting back for a 2-0 win in the Bundesliga on Saturday.
The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.
Jules Bianchi's accident in Sunday's Japanese Grand Prix has prompted questions over whether the Formula One race should have been started earlier to beat deteriorating weather conditions.
Seamer Trent Boult delivered career-best figures of 10-80 as New Zealand thrashed West Indies by an innings and 73 runs inside three days to complete their first Test victory in more than a year on Friday.
Carlos Tevez scored twice to give Serie A leaders Juventus a 3-2 win over Fiorentina on Wednesday but Lazio prevented them from celebrating the title by thumping bottom club Parma 4-0, which condemned their opponents to Serie B.
Summary of sports events and persons who made news on Thursday
Juventus defeated second-placed Lazio 2-0 at home on Saturday to take another huge step towards their fourth straight Serie A title and boost their confidence for Wednesday's crunch Champions League clash in Monaco.
The blast, which could be heard several kilometers away, sent burning debris showering down over an area a few hundred meters from the Justice and Interior Ministries, a top courthouse, and the former office of the prime minister.
Nokia agreed in September to sell its devices and services business and license its patents to Microsoft for 5.44 billion euros after failing to recover from a late start in smartphones.
James Pattinson grabbed three wickets to brighten Australia's prospects of a comprehensive victory in the second Test against New Zealand with the hosts reeling at 121 for four by the end of the third day on Monday.
James Pattinson has been recalled to Australia' starting side for the second Test against New Zealand on Saturday, replacing his injured Victorian team mate Peter Siddle.
Much will depend on turnout, with younger Britons seen as more supportive of the European Union than their elders but less likely to vote.
Telecom equipment maker Alcatel-Lucent unveiled plans on Tuesday to cut an overall 10,000 jobs worldwide by the end of 2015, hoping to save 1 billion euros ($1.36 billion) and turn the company around after years of losses.
Everton have been handed the dubious distinction of being the 'dirtiest' Premier League team after a study on the all-time cards and fouls by www.dirtyteams.co.uk.
The Dow has never lost more than 800 points in a day.
Brent hit a session high of $114.69 a barrel, its loftiest since September last year.
Meanwhile, the test drew strong criticism from North Korea's neighbours and the West which warned of a robust response to its "grave provocations".
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
The funeral of Australian Test cricketer Phillip Hughes began to the strains of a song entitled "Forever Young" in his home town on Wednesday as a nation united to celebrate the life of a sportsman cut down in his prime.
Australian cricketer Phil Hughes died in a Sydney hospital on Thursday, two days after being hit on the head during a domestic match on Tuesday.
Inter Milan's Rodrigo Palacio and Mauro Icardi struck in a 2-1 win at Fiorentina on Saturday to secure their struggling side's first away victory in Serie A since early November.
Rory McIlroy hit a sizzling nine-under 63 in the opening round of the $2.5 million Dubai Desert Classic on Thursday, bolstering his hopes of claiming a first European tour win since 2012.
Arsenal forward Theo Walcott has warned resurgent arch-rivals Tottenham Hotspur they are travelling across North London for their eagerly-anticipated FA Cup third round tie at a bad time.
Summary of sports events and persons who made news on Friday
Under-pressure Everton manager Roberto Martinez enjoyed some respite as his struggling side won for the first time in eight league matches.
With only a day to go for the start of the much-anticipated five-match Test series between India and England, all eyes would be on aggressive skipper Virat Kohli as he readies to motivate his boys and avenge the 2012 home series loss against Alastair Cook's men.
Voting was held in Maldives on Saturday for the second multi-party presidential elections with long queues of people outside polling stations in this Indian Ocean archipelago, which has seen a series of unsettling political events in the last eighteen months.
Barcelona left it late to snatch a 1-0 win at Valencia on Sunday after Atletico Madrid's 2-0 victory at home to Deportivo La Coruna was overshadowed by the death of a visiting fan hours before kickoff.
International scientists said they have glimpsed the first direct evidence of gravitational waves, which Albert Einstein predicted a century ago.
A round-up of all the results from the 16th World Athletic Championships in London
Lewis Hamilton walked away from a heavy crash after putting in the first laps of Formula One's new turbo era in testing with Mercedes on Tuesday.
North Korean pair given warm welcome on Pyeongchang debut
Greeks are split on whether to accept an offer by creditors that Prime Minister Alexis Tsipras calls a "humiliation"
Former World No 3 Paul Casey was among a trio of players sharing the lead and Tiger Woods trailed six shots off the pace when darkness fell in the rain-hit Turkish Airlines Open first round on Thursday.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.