Automotive

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

Carmaker Renault said Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

Energy & Green Tech

Toyota eyes Olympic platform to boost hydrogen tech

Toyota showcases its next-generation hydrogen-powered Mirai model at Wednesday's Tokyo Motor Show, but with the technology still lagging behind electric, the Japanese firm is hoping for an Olympic boost.

Energy & Green Tech

German power giant RWE aims for zero carbon by 2040

German energy giant RWE said Monday it aims to achieve carbon neutrality by 2040, winding up fossil-fuel activities while building up renewable generation, after taking over parts of competitor EON.

Automotive

Toyota full-year net profit beats forecast

Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.

Electronics & Semiconductors

Semiconductor giant Micron to invest $15 bn in Idaho

Semiconductor giant Micron announced Thursday it will invest $15 billion over the next decade to expand its operations in the US state of Idaho to build memory capacity for automotive and other sectors.

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