Keywords: Industry
CEOs of Europe's two largest carmakers are urging the European Union to shield the domestic auto industry from intensifying competition by Chinese manufacturers across the continent. Volkswagen CEO Oliver Blume and Stellantis CEO Antonio Filosa published a joint op-ed Wednesday evening in three......
Italy's new car registrations bucked the European trend in January 2026, climbing 6.2 percent year-on-year to around 142,000 vehicles, according to transport ministry data. This uptick offers relief after a 2.1 percent decline across 2025, when total sales settled at roughly 1.56 million units. Stellantis......
Nintendo has reported a remarkable start for its new console, the Switch 2, selling over 17 million units in just nine months since its launch in June 2025. The success has helped the Japanese gaming giant boost its net profit by more than 50% for the period ending December 2025. A company statement......
Aviation industry leaders gathered at the Changi Aviation Summit in Singapore raised alarms over persistent supply chain disruptions and escalating geopolitical tensions that threaten the sector's ability to meet surging global demand. Speaking ahead of Asia's largest airshow, Willie Walsh, director......
Investors are pressing Volkswagen CEO Oliver Blume for concrete results in what they view as a make-or-break year for the German automaker. Now freed from his dual role at Porsche, which ended January 1, Blume has a narrowing window to halt the company's decline in China and address critical technology......
A leading South Korean defense manufacturer is preparing to finalize a major arms agreement with Norway, valued at approximately $1.9 billion, according to regional media reports. The deal involves the supply of K239 Chunmoo multiple rocket launcher systems, developed by Hanwha Aerospace, to the Norwegian......
The Spanish technology company Airtificial has announced new contracts with international clients in the automotive sector, including a strategic project in Morocco, reflecting the firm’s drive for global expansion and geographic diversification. According to the company, Morocco is a promising......
The French children’s clothing brand Okaïdi has requested judicial restructuring for its activities in France, its parent group IDKIDS announced on Tuesday, marking another setback for the country’s struggling ready-to-wear sector. The move affects around 2,000 employees nationwide. A......
The US Treasury Department has granted a one-month extension on sanctions relief for Serbia's NIS oil company, majority-owned by Russian entities, pushing the deadline to February 20, 2026. This move provides the Balkan nation breathing room to secure winter fuel supplies amid ongoing talks to divest......
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