FRANKFURT (Reuters) - German battery maker Varta ( VARGF ) said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business. Varta's ( VARGF ) debt will be reduced from 485 million euros ($534.86 million) to an initial 200 million euros, the company said. Lengthy negotiations between major...

Aug 17 (Reuters) - The leader of Russia's Chechnya region, Ramzan Kadyrov, published a video on Saturday of himself driving a Tesla Cybertruck with what looked like a machinegun mounted on top, saying he would send it to the Ukraine conflict zone. Kadyrov, known for extravagant publicity stunts, heaped praise on both the vehicle and Tesla Motors chief executive Elon...

SRIPERUMBUDUR, India, Aug 17 (Reuters) - Foxconn's chairman on Saturday defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple ( AAPL ) supplier rejects married women from iPhone assembly jobs. Foxconn hires regardless of gender, but women make up a big part of our workforce here, Young Liu said during the opening ceremony...

FRANKFURT, Aug 17 (Reuters) - German battery maker Varta ( VARGF ) said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business. Varta's ( VARGF ) debt will be reduced from 485 million euros ($534.86 million) to an initial 200 million euros, the company said. Lengthy negotiations...