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EU TESLA SALES DECLINE
Extreme heat could change the mix for European drinks makersEurope's scorching heatwaves are challenging the notion that hot weather always boosts alcohol sales. Research indicates that extreme tempe...
EU officials fear leaders will balk in confronting ChinaDespite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsi...
US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs dataUS markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose stro...
- Tesla stock price: Why are Tesla shares down even though Elon Musk-owned EV giant posts record second-quarter sales deliveries?
Tesla stock fell sharply in midday trading Thursday, down more than 7 per cent, in an odd development.
Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrestJaguar Land Rover's first-quarter sales dipped 15.3% due to supply issues and weaker demand. A supplier fire and disruptions from the Middl...
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
EU launches new measures to attract skilled foreign workers, speeds up single work-residence permit processThe European Union is easing entry for skilled non-EU workers to combat labour shortages. A revamped Single Permit Directive streamlines ap...
Chinese and US risks mean EU chip sector faces a 'bleak future'Further vulnerability stems from the EU's dependence on the U.S. for technology, including design software and the possibility the U.S. cou...
EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
Hero MotoCorp June dispatches dip 2.3% as domestic sales soften, exports growHero MotoCorp saw a slight dip in June wholesale dispatches, primarily due to weaker domestic sales, though exports surged significantly. W...
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
Home sales fall to three-year low in June quarterHome sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties...
Toyota sales fall for fourth month in May as declines in China, US and Middle East weighToyota Motor Company experienced a 7.2% drop in global vehicle sales for May, reflecting a fourth straight month of downfall. This slump st...
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
EU tech chief Virkkunen holds call with Apple CEO on Monday, Commission saysThe European Union's top tech official, Virkkunen, is scheduled for an urgent call with Apple's CEO on Monday. This high-level meeting, con...
Elon Musk net worth declines below $1 trillion: World’s first trillionaire loses elite status as SpaceX stocks slide and Tesla slump hit fortuneElon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares followin...
Tesla presented misleading 'Full Self-Driving' safety data to European regulatorsIn a bold move to secure European approval for its Full Self-Driving technology, Tesla has shared crucial safety data with Swedish and Dutc...