Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros – Handelsblatt
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10% wage cut and a two-year…
China Gold Demand Plunges as Record Prices Deter Jewelry Buyers
– Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third…
Tesla Hints at Affordable Models, Reviving Hopes for Rumored Model 2
Tesla is back to promising a more affordable EV after reportedly canceling plans for a rumored $25,000 vehicle earlier this…
Boeing’s shares fall after workers reject latest offer
Striking workers’ rejection of Boeing’s latest contract offer hit shares across the U.S. aerospace sector on Thursday, and the vote…
Exclusive-Europe agency says it is in talks with SpaceX on tackling space junk
The European Space Agency is in talks with SpaceX about the possibility of Elon Musk’s space venture joining an international…
Norwegian Air trims outlook after Q3 profit miss
Norwegian Air lowered the upper end of its 2024 profit forecast range after reporting third-quarter core earnings below market expectations…
Intel’s $1.45 billion EU antitrust fine is officially history
A €1.06 billion EU antitrust penalty on chipmaker Intel for abuse of dominance dating back to 2009 (when it was…
Mother sues AI chatbot company Character.AI, Google over son’s suicide
A Florida mother has sued artificial intelligence chatbot startup Character.AI accusing it of causing her 14-year-old son’s suicide in February,…
Europe’s top court rules for Intel to end long-running antitrust case
The EU Court of Justice, Europe’s top court, ruled on Thursday in favour of Intel, ending a nearly two-decade-long fight…
Nvidia’s Huang Teams With Asia’s Richest Man on Blackwell AI Hub
Nvidia Corp.’s Jensen Huang struck a partnership with Asia’s richest man, Mukesh Ambani, to build out artificial intelligence infrastructure and…