Boeing plans to launch effort to raise over $15 billion in capital as early as Monday

Boeing is set to launch as early as Monday its plan to raise more than $15 billion in capital. The…

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…

Huawei Cloud sees fast business growth in South Africa

Huawei Cloud’s business in South Africa has grown fast over the past five years and it plans to launch more…

Zuckerberg Fires Six-Figure Employees Over Abusing Company Food Service

Mark Zuckerberg’s tech giant Meta recently dismissed 24 employees from its Los Angeles office for exploiting the company’s $25 meal…