Energy & Green Tech

Electric car sales gain pace despite hurdles

The electrification of the car industry is gathering pace, particularly in Europe, where the sale of new cars running on petrol and diesel will end in 2035.

Business

Tech industry job cuts come rapidly and in big numbers

In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software ...

Business

Philips cuts 6,000 jobs after sleep device recall

Embattled Dutch medical tech maker Philips said Monday that it would slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.

Energy & Green Tech

EU crafts response to US green tech subsidies

The EU will present long-awaited proposals on Wednesday to counter sweeping US subsidies on green tech that threaten Europe's industry, already struggling with soaring energy prices and unfair competition from China.

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