17/07/2025

Automotive

Volvo Cars swings into loss on electric vehicles, tariffs

Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market.

Consumer & Gadgets

Japan's Sega eyes return to 1990s gaming glory

The big-screen success of 1990s video game speedster "Sonic the Hedgehog" has brought new fans to Japan's Sega, which says it is poised for a comeback after two tough decades.

Business

Taiwan's TSMC says second quarter profit up 60%

Taiwanese chipmaking giant TSMC reported Thursday a forecast-beating 60% rise in net profit for the second quarter on sustained demand for artificial intelligence technology.

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