Volkswagen posts 1-billion-euro loss on tariffs, Porsche woes

[ad_1] Volkswagen has struggled with the shift to electric vehicles. Photo: Tobias SCHWARZ / AFPSource: AFP Volkswagen reported its first quarterly loss for five years Thursday, topping one billion euros, as the German auto giant struggles with US tariffs and a troubled electric shift at subsidiary Porsche. The loss in …

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Bank of Japan keeps interest rates unchanged

[ad_1] Japan’s national flag flutters in the wind on the Bank of Japan (BoJ) head office building in Tokyo. Photo: Kazuhiro NOGI / AFPSource: AFP The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic “high uncertainties” linked to US trade tariffs. The …

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Samsung posts 32% profit rise on-year in third quarter

[ad_1] Samsung posts 32% profit rise on-year in third quarter. Photo: Jung Yeon-je / AFPSource: AFP South Korean tech giant Samsung Electronics posted on Thursday a 32 percent rise in profits on-year for the third quarter, driven by AI-fuelled market demand for memory chips. The artificial intelligence industry has provided …

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And the winner of Startup Battlefield at Disrupt 2025 is: Glīd

[ad_1] For three days this week, 20 startups participated in the Startup Battlefield at TechCrunch Disrupt. Each was selected to represent the best of the Startup Battlefield 200 and competed for a chance to take home the Startup Battlefield Cup and $100,000. After all that intense pitching, we have a …

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Uber plans San Francisco robotaxis in Waymo challenge

[ad_1] Uber says that more than 100 self-driving vehicles made by Silicon Valley-based Lucid are being readied for the ride-sharing platform. Photo: Adam Gray / GETTY IMAGES NORTH AMERICA/Getty Images via AFPSource: AFP Uber said Wednesday it will launch its own robotaxi service in San Francisco late next year, taking …

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Brazil, Venezuela, and Peru React to New U.S. Tariff Regime

[ad_1] With a new US tariff regime in place, the region’s economies face their greatest disruption in at least a generation. When US President Donald Trump initiated a new regime of tariffs on global imports reaching the US, investors reacted by retracting forecasts and rethinking investment dynamics while companies globally …

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