Showing 1 - 10 of 1,356
Panasonic to cut 10,000 employees
Reuters, Published on 09/05/2025
» TOKYO — Japan's Panasonic Holdings said on Friday it will cut 10,000 employees and expected to book structural reform costs of ¥130 billion (US$896.06 million) this business year as part of a continuing management reform push of its group.
Bill Gates blasts Musk, speeds up giving away fortune
AFP, Published on 09/05/2025
» NEW YORK — Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted artificial intelligence (AI) as a game-changer to boost public health and save lives globally.
Easy vote turns Musk's dreams for Starbase city in Texas into reality
AFP, Published on 04/05/2025
» HOUSTON - Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas became a reality on Saturday, when voters overwhelmingly backed turning his Starbase into a new municipality.
BYD breaks ground on Cambodia plant
Published on 29/04/2025
» The Chinese electric vehicle maker BYD has broken ground on a new assembly plant in Cambodia, as it continues to expand production in Southeast Asia, according to local media reports.
Tesla sales plunge in EU as Musk takes flak
AFP, Published on 24/04/2025
» PARIS - Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration.
Musk to reduce White House role as Tesla profits plunge
AFP, Published on 23/04/2025
» NEW YORK - Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday as the electric vehicle maker reported a 71 percent drop in first-quarter profits.
Trump advisor Navarro looks to cool spat with Musk
AFP, Published on 14/04/2025
» WASHINGTON - Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla chief called him a "moron."
Blaze triggers alarm over rise of big batteries
Published on 12/04/2025
» A fire on a bucolic stretch of California coast has threatened the rapid growth of an industry considered key to greening the power grid — and keeping the lights on.
China hawk Peter Navarro has Trump’s ear
AFP, Published on 09/04/2025
» WASHINGTON - President Donald Trump's punishing tariffs on countries around the world, including 104% in duties on China, bear the fingerprint of Peter Navarro, a Harvard-trained economist who has long warned against a rising Beijing.
Trump tariffs take effect hiking trade levies to a 100-year high
Bloomberg News, Published on 09/04/2025
» WASHINGTON — United States President Donald Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.