Latest

Baidu plans self-driving taxi tests in Europe this year
Baidu plans self-driving taxi tests in Europe this year
Business and Economy
by  AFP

Chinese tech giant Baidu plans to start testing self-driving taxis in Europe for the first time by the end of this year, a source with knowledge of the matter confirmed to AFP on Wednesday. A source confirmed to AFP that Baidu will set up a local entity in Switzerland in order to begin tests there before the end of 2025.

Burberry warns 1,700 jobs at risk after annual loss
Burberry warns 1,700 jobs at risk after annual loss
Business and Economy
by  AFP

British luxury fashion label Burberry said Wednesday it could shed almost one-fifth of its global workforce over two years to reduce costs as it fell into an annual net loss. Net loss stood at £75 million ($99.8 million) in the 12 months to the end of March, compared to a profit of £270 million one year earlier, Burberry said in a statement.