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Volkswagen exits Euro Stoxx 50 as index removal adds to pressure on troubled firm
Volkswagen has been removed from the Euro Stoxx 50, the eurozone's benchmark index of its largest listed companies, taking effect as markets opened on Monday just days after Europe's biggest carmaker warned that one-off charges would wipe out most of its profit this year. Volkswagen, Europe's largest automaker, is no longer among the eurozone's blue chips. Index provider Stoxx confirmed the change in its annual review at the start of September, and it came into force before trading began on...