Europe's bike industry hits bumps as cycling craze cools
At a bicycle trade fair in Stuttgart, steep discounts on brand-new models hint at the turmoil roiling the industry now that a pandemic-fueled cycling craze has faded.
Jan 24, 2024
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At a bicycle trade fair in Stuttgart, steep discounts on brand-new models hint at the turmoil roiling the industry now that a pandemic-fueled cycling craze has faded.
Jan 24, 2024
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Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles are seeing record sales and demand worldwide, but a lack of parts means that factories ...
Jan 18, 2024
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Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year.
Nov 1, 2023
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Apple chief Tim Cook made a surprise visit to China this week, greeting gamers in the southwestern city of Chengdu as his company faces slumping phone sales in its biggest market.
Oct 17, 2023
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American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees, the latest casualties of a job-slashing wave hitting the US tech sector.
Feb 6, 2023
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German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues to put in a "robust" performance in the first six months of 2022.
Jul 28, 2022
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Tech giants that saw good times during the pandemic are dealing with a "hangover" compounded by inflation and the war in Ukraine, analysts have said after earnings released this week.
Apr 29, 2022
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Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.
Mar 11, 2022
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Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.
Apr 5, 2021
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The first-quarter 2020 earnings season is as bad as expected, with the coronavirus butchering bottom lines worldwide, except those of Netflix and soap makers.
Apr 23, 2020
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