Business

Ericsson posts $1bn quarterly loss on Vonage write down

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.

Business

Lufthansa issues profit warning, launches 'turnaround'

German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.

Energy & Green Tech

Using sodium to make more sustainable batteries

The element lithium is used widely in batteries because it results in long-lasting, stable energy storage. However, it's a finite resource, so researchers are hard at work trying to identify alternate materials to use in ...

Energy & Green Tech

Hydrogen flight looks ready for take-off with new advances

The possibility of hydrogen-powered flight means greater opportunities for fossil-free travel, and the technological advances to make this happen are moving fast. New studies from Chalmers University of Technology, in Sweden, ...

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