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,......

Global sports events reshape brand marketing and sustainability strategies

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......

Middle East Airlines updates weekend flight schedule amid ongoing regional conflict

Middle East Airlines (MEA), Lebanon’s national carrier, has released an updated flight schedule for the weekend as tensions continue to escalate in the Middle East. The announcement comes roughly a week after the outbreak of a new phase of hostilities in the region. Despite the volatile security situation, Lebanon’s main aviation......

Serbian trio sentenced for hate crimes targeting French mosques

A Serbian court has sentenced three men to house arrest after they pleaded guilty to a series of hate crimes and espionage-related offenses, including placing pig heads near mosques in Paris to incite anti-Muslim sentiment. The trio also admitted to acts of defacing Jewish sites in France and Germany. Plea and sentencing The three men, part......

Global investors shift toward international stocks as BofA predicts new market order

Global investors are directing significantly more capital toward international equities than US stocks for the first time in nearly a decade, a trend Bank of America analysts describe as the emergence of a “new world order” in financial markets. Data cited by Bloomberg from a Bank of America report show that about $104 billion......

Euro risks falling below parity with dollar if Iran war drags on

The euro has dropped to around $1.16 against the US dollar, its lowest level since late 2024, as escalating conflict involving Iran pushes investors toward safe haven assets and raises fears of stagflation across energy dependent European economies. The currency’s decline accelerated following joint US and Israeli strikes on Iran in......

BYD sales surge in Europe as gap with Tesla narrows

Chinese automaker BYD posted strong sales growth across major European markets in February 2026, reinforcing its expansion on the continent while narrowing the gap with Tesla. The increase comes as the company continues to strengthen its presence in Europe despite weaker performance in its domestic market. In Germany, BYD registered 3,053......

Eight German teens face trial for far-right violence

Eight suspected members of a far-right extremist group in Germany, including minors, are on trial in Hamburg for attacks targeting refugees and left-wing activists. The accused, aged between 14 and 21, face charges of attempted murder and membership in a terrorist organization known as “The Last Defense Wave.” Several suspects......

Oil price surge threatens Germany with $46 billion economic hit, warns IW

Rising oil prices driven by escalating tensions in the Middle East are sending shockwaves through global economies, raising concerns about slower growth, higher inflation, and tighter monetary policy if crude prices remain elevated. Governments and central banks from Europe to Asia are confronting mounting energy costs and narrowing policy......

Türkiye exports 80 million flowers to 35 countries for international women's day

Türkiye’s floriculture sector has experienced a surge in activity ahead of International Women’s Day, with around 80 million flowers exported to 35 countries around the world. The shipments, largely composed of carnations and hyacinths, were prepared mainly in greenhouses located in Antalya, a major agricultural hub in southwestern......

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