Yesterday 15:50
BMW warned that profits will decline in 2026 as higher tariffs, currency shifts, and rising costs weigh on the German luxury carmaker’s profitability, even as the company bets on its next generation of electric vehicles to drive long term growth. Speaking at its annual conference in Munich, the company said it expects a moderate decline......
Several G7 nations have announced the release of strategic oil reserves in response to rising energy prices, ahead of a scheduled leaders’ meeting. Japan and Germany took the initiative to ease market pressures caused by the ongoing Middle East conflict, signaling coordinated action among the world’s largest economies. Japanese......
European natural gas prices dropped sharply after a surge triggered by the conflict involving the United States, Israel, and Iran, as traders reacted to comments from U.S. President Donald Trump suggesting the war could end in the near future. The benchmark Dutch TTF gas price, the main reference for European gas markets, had nearly doubled......
Volkswagen plans to eliminate about 50,000 jobs in Germany by 2030 as the automaker accelerates restructuring efforts following a sharp decline in annual profits. The announcement came as the company reported earnings at their lowest level since the 2016 diesel emissions scandal. Chief executive Oliver Blume outlined the plan in a letter......
Mercedes-Benz has rejected reports that it is developing a new electric vehicle platform in China based on technology from its partner Geely Auto, calling the claim inaccurate and fabricated. The report, first published on March 4 by Chinese business outlet 36Kr and later circulated across international automotive media, described a project......
Porsche’s operating profit plunged by 98 percent in 2025, falling to just 90 million euros from 5.3 billion euros a year earlier after billions of euros in charges tied to a major shift away from its all electric vehicle strategy wiped out nearly all earnings. The results, released Tuesday as part of Volkswagen’s annual report,......
BYD Co., the world’s largest electric vehicle manufacturer, is exploring potential entry into top tier international motorsport, including Formula 1 and the FIA World Endurance Championship, as part of a strategy to strengthen its global brand presence, according to Bloomberg. The Shenzhen based company is assessing several pathways......
German sports car manufacturer Porsche is preparing a strategic shift aimed at restoring growth and strengthening investor confidence. Under the leadership of its new chief executive officer, Michael Leiters, the company is expected to prioritize cost reductions and place renewed emphasis on traditional combustion-engine models. The move......
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 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 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......
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,......
Major international sporting events are increasingly becoming strategic platforms for brands seeking to express their values, connect with audiences and promote environmental commitments. With the 2026 Winter Olympics recently held in Italy and the FIFA World Cup scheduled to begin on June 11 in North America, companies are intensifying their......
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Iran under the lens
Tuesday 13 January 2026 - 08:30
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AFCON 2025: Morocco at the heart of African football
Friday 19 December 2025 - 11:16
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Walaw at the Heart of the Mawazine Festival – Rhythms of the World 2025
Saturday 21 June 2025 - 15:48
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First 100 days of the second Donald Trump presidency
Monday 28 April 2025 - 09:38
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Les Impériales Week 2025: The Paradigm Shift – Business. People. Tech
Wednesday 18 December 2024 - 14:32
