VW’s Wolfsburg plant may move to four-day week from 2027, works council says
BERLIN (Reuters) – Volkswagen’s restructuring of its Wolfsburg plant from 2027 to make way for EV-only production could result in…
Category: Business
Alaska Airlines CEO expects full-year profit despite pricing struggles
By Rajesh Kumar Singh NEW DELHI (Reuters) -Alaska Airlines CEO Ben Minicucci said the company’s pricing power has not recovered…
Broadcom ships latest networking chip to speed AI
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom has begun to ship its latest networking chip that aims to speed…
Explainer-The reality of Trump’s steel and aluminium tariffs
By Pratima Desai LONDON (Reuters) -U.S. President Donald Trump plans to double tariffs on steel and aluminium imports to 50%…
Musk’s xAI seeks $113 billion valuation in $300 million share sale, FT reports
(Reuters) -Elon Musk’s xAI is seeking a valuation of $113 billion in a share sale worth $300 million, the Financial…
JPMorgan’s Dimon says US should tax carried interest, CNBC reports
(Reuters) -JPMorgan Chase CEO Jamie Dimon said at the Reagan National Economic Forum that the U.S. should be taxing carried…
RTX CEO said Pratt & Whitney strike will impact quarterly cash
(Reuters) -A weeks’ long strike by 3,000 U.S. Pratt & Whitney engine workers will impact free cash flow during the…
Brazil prosecutors sue BYD for violating labor rights
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian labor prosecutors filed a public civil action against Chinese carmaker BYD for alleged…
Salesforce to buy Informatica for $8 billion to bolster AI data tools
By Aditya Soni (Reuters) – Salesforce said on Tuesday it would buy Informatica for about $8 billion, betting on the…
Nvidia earnings to reveal hit from US export curbs on China
By Arsheeya Bajwa (Reuters) – Nvidia investors will look for definitive answers on how much U.S. chip curbs on China…