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CEO Renault: Car Manufacturers Must Avoid a Price War
Automakers must avoid a price war for electric vehicles. That said, Renault CEO Luca de Meo, in an interview with Bloomberg Television at the IAA auto show in Munich.
"It is important to avoid a price war in the short term," said…
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X/Twitter Will Store Biometric Data
Social media platform X intends to store the biometric data of users who consent to it. This is stated in the updated privacy conditions of the messaging service formerly known as Twitter. It is not immediately clear what exactly X means by…
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Idalia Weakened to Category 2 Hurricane, More Than 230,000 People in Florida are Without Power
Idalia landed on the west coast of Florida around 8 a.m. on Wednesday as a Category 3 hurricane. The hurricane has now weakened to category II, with wind speeds up to 180 kilometres per hour.
According to CNN, Idalia is the most…
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US Trade Minister Points to the Importance of Predictable Rules in China
US companies need more predictable regulation in China. That's what US Secretary of Commerce Gina Raimondo said at the end of her three-day visit to the country. The minister spoke with political and business leaders in China to improve…
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Eleven Fatalities Due to Legionella Outbreak in Poland
Eleven people have died in the southeastern Polish city of Rzeszów due to the legionella outbreak. In addition, 144 others have also become infected, health inspector Adam Sidor confirmed on Monday.
The fatalities were aged between…
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Shaky Chinese Real Estate Group Evergrande Cuts Losses
The Chinese real estate group Evergrande says it has booked higher turnover and a minor loss in the year's first half. The company ran into financial trouble nearly two years ago and is at the centre of an ongoing crisis in China's real…
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Dozens Injured in Accident Involving Bus Full of Tourists in Italy
In northern Italy, dozens of tourists have been injured in a collision between a lorry and a bus. Italian media report this.
The traffic accident happened on Friday evening around 7.30 pm local time on the A4 motorway toward…
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Relief Dominates New York Stock Exchanges After Powell’s Speech
The stock exchanges in New York ended with gains on Friday. Investors reacted with relief to the long-awaited speech by Fed boss Jerome Powell.
In that speech, he emphasized that inflation is still too high and that the Federal…
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