Volkswagen profits plunge as tariffs and China competition hit 2025 results

Volkswagen reported a sharp decline in profits for 2025, with operating earnings falling by more than half as U.S. tariffs and intensifying competition in China weighed on the German automaker’s performance. The company said it expects only a modest recovery in 2026 as it adapts to what executives described as a fundamentally changed......

Germany secures Patriot interceptor missiles from allies for Ukraine

Germany has coordinated with European allies to supply about 35 PAC-3 interceptor missiles for Ukraine’s Patriot air defense systems, according to a report by Der Spiegel confirmed by the German Defense Ministry. Around 30 of the missiles will come from several European partner countries, while five additional interceptors will be provided......

Volkswagen expects margin recovery in 2026 after difficult year

Volkswagen said it expects its operating margin to improve to between 4.0 percent and 5.5 percent in 2026 after a challenging 2025 marked by tariffs, rising competition from Chinese automakers, and the high cost of shifting toward electric vehicles. The German carmaker reported an operating margin of 2.8 percent for 2025, slightly below the......

Chinese scientists set record with high purity two photon quantum device

A team of Chinese researchers has developed a quantum dot device capable of emitting photon pairs with a purity of 98.3 percent, setting a new benchmark in quantum optics and advancing efforts to create reliable two photon sources for encryption, medical imaging and precision sensing. The research, published in the journal Nature Materials,......

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