Stories for you

  • BusinessReuters

    Volkswagen has taken major writedown on Northvolt stake, sources say

    Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said. Several of Northvolt's top shareholders have been cutting or reviewing the value of their holdings in the firm, which has kept missing production targets as an expected boom in electric vehicle demand has failed to materialise in Europe. The writedowns at Volkswagen

    2-min read
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  • NewsAFP News

    Deep divisions on display at plastic pollution treaty talks

    A final round of talks on a treaty to curb plastic pollution opened on Monday, with deep differences between nations emerging almost immediately.The deep differences have dogged four previous rounds of talks over the last two years, resulting in a lengthy and contradictory draft treaty running over 70 pages.

    4-min read
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  • NewsAFP News

    UAE names Uzbek suspects in Israeli rabbi's murder

    Three suspects held in the United Arab Emirates over the murder of an Israeli-Moldovan rabbi are from Uzbekistan, authorities in the Gulf state announced Monday, saying they were working to determine their motives.Yousef Al Otaiba, the UAE's ambassador to the United States, said that "Kogan's murder was more than a crime in the UAE -- it was a crime against the UAE." "We reject extremism and fanaticism of every kind," he posted on X. - Low profile - The oil-rich Gulf state, whose population is m

    3-min read
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  • NewsAFP News

    Indian author Ghosh wins top Dutch prize

    Acclaimed Indian author Amitav Ghosh has won the coveted Dutch Erasmus Prize for his writings on climate change and its impact on humanity, especially on the Indian subcontinent.The Praemium Erasmianum Foundation, which awards the prize, noted that Ghosh had described how the effects of climate change have been "inextricably linked" to human destiny on the Indian subcontinent.

    1-min read
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  • BusinessReuters

    Analysis-Lilium's fall throws spotlight on air-taxi cash crunch

    The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when Germany's Lilium succumbed to a cash crisis, throwing a fresh spotlight on a major hurdle for the fledgling industry. Almost half-way into the decade in which air-taxi makers have promised investors the first commercial flights, the company's demise shows how dwindling cash balances threaten to delay the sector's aim to revolutionise urban travel. Makers of electric vertical

    5-min read
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  • BusinessReuters

    Indonesia says Apple's $100 million investment proposal inadequate

    Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday. Indonesia in November banned sales of Apple's iPhone 16 after it failed to meet requirements that smartphones sold domestically should comprise at least 40% locally-made parts. Indonesia has also banned the sale of Alphabet's Google Pixel phones over a similar lack of

    1-min read
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  • PoliticsHuffPost

    'Trump 1.0' Staffer Spells Out What Awaits Second Term Team: 'Not Going To Lie To You'

    Even the "probably super-MAGA” ones, said Olivia Troye.

    1-min read
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