Showing 1 - 10 of 202
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
China to ban hidden car door handles in industry shift
AFP, Published on 03/02/2026
» BEIJING — China will ban hidden door handles on cars sold in the country from next year, phasing out the minimalist design popularised by Tesla over safety concerns.
Tesla profits tumble on lower EV sales, AI spending surge
AFP, Published on 29/01/2026
» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.
EU set to abandon 2035 combustion-engine ban
AFP, Published on 16/12/2025
» BRUSSELS - The European Union looks set to scrap a landmark 2035 ban on new petrol and diesel cars on Tuesday, as part of a package of reforms aimed at supporting Europe’s embattled auto industry.
Australian mining giant BHP drops Anglo American takeover bid
AFP, Published on 24/11/2025
» SYDNEY - Australian resources giant BHP said on Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper.
US, Australia sign rare earths deal as Trump promises submarines
AFP, Published on 21/10/2025
» WASHINGTON - US President Donald Trump signed a deal on rare earth minerals on Monday with Australian Prime Minister Anthony Albanese, and said Washington's key ally would get its coveted nuclear-powered attack submarines.
Europe's carmakers still nervous despite EU-US trade deal
AFP, Published on 29/07/2025
» PARIS - Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the struggling German sector, remain deeply worried about the long-term impact.
Tesla profits drop as Musk warns of 'rough' patch before riches
AFP, Published on 24/07/2025
» NEW YORK — Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles (EVs) under United States President Donald Trump's big fiscal package.
Volvo Cars swings into loss on EVs, tariffs
AFP, Published on 17/07/2025
» STOCKHOLM - Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market.
China to EU brandy exporters: Raise prices or face tariffs
AFP, Published on 04/07/2025
» BEIJING - China will require major European brandy exporters to raise prices or risk anti-dumping taxes of up to 34.9% from Saturday, the latest salvo in its long-running trade spat with the bloc.