European airlines struggle with plane delays, high costs in Q3
Europe’s major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising costs and…
TSMC halts Ascend 910B shipments to firm suspected acting as a Huawei proxy
TSMC has stopped supplying production to China-based Sophgo, which is believed to be a proxy that Huawei used to make…
Apple can’t sell the new iPhone in the world’s 4th most populous country
Apple has been banned from selling the iPhone 16 in Indonesia. The Indonesian government said Apple hasn’t met a requirement…
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…