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Car giant VW warns of production hit from Nexperia chips row
Germany's Volkswagen warned Wednesday that its car production could be hit by a shortage of Nexperia semiconductors amid a deepening row between China and the Netherlands over the chipmaker. Volkswagen, Europe's biggest carmaker, confirmed some Nexperia components are used it its vehicles but said production was "currently unaffected".
GM unveils plans for 'eyes-off' vehicle in 2028
General Motors announced plans Wednesday to incorporate Google's Gemini artificial intelligence platform into vehicles and to launch a vehicle capable of "eyes-off" driving in 2028.
Global trade system risks coming off the rails: UN chief
The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiralling debt, heavy tariffs and financial insecurity for emerging nations. And the rules-based trading system is at risk of derailment," Guterres said at the 16th UN Conference on Trade and Development (UNCTAD) in Geneva.
SpaceX says 'disabled' 2,500 Starlink devices at Myanmar scam centres
SpaceX has cut service to more than 2,500 Starlink internet devices at Myanmar scam centres, a company executive said Wednesday, after AFP revealed that their use had exploded in the illicit industry. SpaceX's vice-president of Starlink business operations, Lauren Dreyer, said the company "disabled over 2,500 Starlink Kits in the vicinity of suspected 'scam centers'" in Myanmar.
Eurostar plans double-decker train amid competition threat
Eurostar said Wednesday it will run double-decker trains through the Channel Tunnel for the first time, as it faces potential competition on its routes between London and mainland Europe. "We're particularly proud to bring double-decker trains to the UK for the very first time," she added in a statement.
Unspoilt corner of Portugal fears arrival of high-end tourism
Above the pine forests and dunes that stretch along the nearly deserted beaches of southwestern Portugal, cranes rise from building sites soon to be luxury hotels -- a sign of the region's contentious transformation into a playground for the wealthy.
Argentina's central bank intervenes to halt run on peso
Argentina's central bank said Tuesday it had sold $45.5 million dollars on the foreign exchange market to try and halt a run on the peso days ahead of midterm elections that have put pressure on the currency despite substantial US financial aid.
New JPMorgan skyscraper underlines Manhattan office comeback
JPMorgan Chase officially inaugurated its new Manhattan tower Tuesday, a 60-story skyscraper that also marks a kind of comeback of office working after the pandemic years. When the pandemic halted city life in its tracks in March 2020, JPMorgan had just finished the demolition of its old headquarters building at the same address, which had stood for 60 years.
GM cuts EV production in Canada, cites Trump backpedal
GM cuts EV production in Canada, cites Trump backpedal
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