Business
German auto giant Volkswagen on Wednesday reported a forecast-beating rise in profits for 2023, boosted by higher vehicle deliveries, but gave a cautious outlook for this year.
Mar 13, 2024
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Automotive
French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.
Feb 14, 2024
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Automotive
Volkswagen said Wednesday it would cut its workforce over the coming years as the German auto giant seeks to boost its profitability and reboot a faltering shift to electric cars.
Dec 6, 2023
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Automotive
Switzerland on Wednesday scrapped a tax exemption for imports of electric cars, whose growing presence on Swiss roads has cut into tax revenues.
Nov 8, 2023
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Security
Sensors detecting the amount of food that herds of cattle are eating. Machines taking thousands of photos of fruit per second to detect their defects and sort them by quality. Robots packing fruit and vegetables into bags ...
Oct 11, 2023
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1
Business
Ford has hired away a key Apple executive to run a new business unit that will sell software-related subscription services to vehicle owners.
Aug 14, 2023
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1
Business
Researchers have found that robots can have a 'U-shaped' effect on profits: causing profit margins to fall at first, before eventually rising again.
Aug 3, 2023
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Business
Activision Blizzard CEO Bobby Kotick was in court Wednesday defending Microsoft's proposed $69 billion takeover of his video game company against an attempt by federal regulators to block the deal.
Jun 28, 2023
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1
Business
Microsoft CEO Satya Nadella is due in court Wednesday to defend the company's proposed $69 billion takeover of video game maker Activision Blizzard against an attempt by federal regulators to block the deal.
Jun 28, 2023
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1
Automotive
Tesla shares fell sharply Thursday as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.
Apr 20, 2023
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