VOLKSWAGEN (VW) is curbing the production of electric vehicle ( EV) models at two German plants due to declining European demand and shrinking government subsidies.
VOLKSWAGEN is cutting temporary workers at its main electric-vehicle factory in Germany because of waning orders for its EVs in Europe.
AIR New Zealand on Thursday (Aug 24) signalled robust customer demand for the financial year 2024, after posting a large annual profit helped by a rebound in travel and lower….
LUFTHANSA said Thursday (Aug 3) second-quarter profits more than tripled on booming demand, putting the airline giant on course for one of its best annual results as it recovers from….
SHIPPING group AP Moller-Maersk warned on Friday (Aug 4) of a steeper decline in global demand for shipping containers by sea this year, prompted by muted economic growth and customers….
AERO-ENGINEER Rolls-Royce hiked its full-year operating profit forecast by around 45 per cent on Wednesday (Jul 26) after operational improvements, increased military spending and a recovery in long-haul flying delivered….
From Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI)….