VW to Cut 50,000 Jobs Amid Tariffs and Falling Sales
Volkswagen announces massive job cuts as it faces a 54% profit drop, US tariffs, and declining sales in China. The automaker warns geopolitical tensions could further impact demand.
Volkswagen announces massive job cuts as it faces a 54% profit drop, US tariffs, and declining sales in China. The automaker warns geopolitical tensions could further impact demand.
Nasdaq is aggressively expanding into digital assets, launching new cryptocurrency custody services and exploring blockchain technology to transform financial markets.
South East Water's £22m fine for supply failures intensifies scrutiny of privatised water utilities, as Thames Water's debt crisis raises questions about renationalisation and consumer protection in the UK's unique private ownership model.
The Ultimate Ears Wonderboom 4 waterproof Bluetooth speaker is discounted by more than 30% in the Amazon Spring Deal Days sale, praised for daily use and travel convenience.
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RecommendedOodle Financial Services posted a £38m pre-tax loss after setting aside £12.8m for the FCA's motor finance redress scheme, despite rising income and lower loan impairments.
Investment firm Modella Capital is reportedly discussing the sale of Wynsors World of Shoes, continuing its pattern of rapid retail acquisitions followed by exits. The firm recently placed Claire's Accessories and The Original Factory Shop into administra
Amazon slashes the price of a Dr Prepare heated gilet to just £13 in its spring sale, featuring a 16,000mAh battery pack and three heat levels for cold weather.
An AI training professional shares insights from teaching thousands, emphasizing curiosity and critical engagement over technical prowess to master artificial intelligence effectively.
New research reveals that candidates with union backgrounds resonate more with voters, advocate for workers, and pass progressive laws, offering a path to heal political divides.
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RecommendedAs tensions escalate in the Middle East, experts warn of impending price shocks across energy, food, and essential goods, with oil already hitting $100 a barrel and inflation expected to worsen.
Capcom's Resident Evil Requiem has achieved staggering player engagement, with over 12,350 years of collective playtime recorded in just 10 days post-launch. The game broke Steam sales records and outperformed multiplayer titles, solidifying its status as
Only two vessels unlinked to Iran or Russia have traversed the Strait of Hormuz since Trump's $20bn reinsurance announcement, despite his vow to ensure energy flow. Maritime data reveals most traffic remains Iranian or Russian-linked.
Karcher's WV 2 Plus N window vacuum is now available for £44.99 in Amazon's spring sale, a significant discount from its usual £79.99 price, making it an ideal tool for streak-free window cleaning and versatile household use.
Artificial intelligence is transforming fields from journalism to the military, sparking debates over ethics, job displacement, and the need for human oversight in an AI-driven world.
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RecommendedFrom the Apple II to the iPhone, Apple has defined consumer tech for half a century. This article explores five groundbreaking successes and five surprising failures that shaped the company's journey.
Leading UK housebuilder Persimmon warns Iran conflict could weaken homebuyer sentiment amid inflation fears and high interest rates, while reporting strong sales.
Shark's PowerPro Cordless Stick Vacuum Cleaner is now available for £169.97 in Amazon's spring sale, offering a 32% saving on the usual £249.99 price. This deal includes anti-hair wrap technology and a Flexology design, ideal for pet owners and home clean
Economists argue that reducing the energy profits levy would only boost oil and gas company profits without helping consumers, as oil prices surge amid Middle East tensions.
The popular Ninja AF400UK dual-zone air fryer has been reduced to £170.99 in Amazon's spring sale, marking one of its lowest prices since Black Friday.
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RecommendedBrent crude dropped to $90 after Trump suggested the Iran conflict would end soon, but analysts warn the war continues at full speed with the Strait of Hormuz blocked, keeping markets volatile.
Domino's Pizza reports a 15% profit decline despite slight revenue growth, with weak sales and a challenging consumer environment impacting performance. The chain's new Chick 'N' Dip range faces scrutiny as shares show mixed results.
London-based outsourcing giant Capita sees shares tumble 12.5% after CEO warns of declining margins, with a £171m pre-tax loss exacerbated by AI-driven call center slump.
Millions of households in England will pay higher water bills after the Competition and Markets Authority allowed five companies to raise charges by an additional 2.2% on average.
Energy minister Chris Bowen warns panic buying is the biggest risk to Australia's petrol supplies, with demand spiking 238% in some regions. Experts urge calm as regional stations run dry.
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RecommendedMultimillionaire financier Crispin Odey launches legal challenge against the Financial Conduct Authority's £1.8m fine and industry ban, while facing multiple lawsuits over sexual misconduct allegations he denies.
Brent crude oil fell below $90 a barrel and global stock markets recovered after President Trump indicated the Iran conflict could soon conclude, easing fears of prolonged energy supply disruptions.
Qantas announces international airfare increases citing volatile oil prices from Middle East conflict, while reporting surge in European flight bookings as passengers rebook from affected carriers.
Housebuilder Persimmon posts £397m profit with 12% increase in home completions, citing supportive market conditions despite ongoing uncertainty from Iran conflict.
Global markets surge and oil prices drop sharply after President Trump suggests the Iran war will end 'very soon,' easing energy supply fears.
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RecommendedOil prices have dropped below $90 a barrel and stock markets are recovering after President Trump indicated that US objectives in the Iran conflict are nearly complete, raising hopes for an end to the 11-day hostilities.