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Keywords: Industry
More than 1,000 employees of Dutch chip equipment manufacturer ASML participated in a lunchtime walkout at the company’s headquarters in Veldhoven on Tuesday. The protest was organized in response to plans to cut 1,700 jobs, representing 3.8% of the workforce, as part of a broader reorganization. Union......
Kenya Airways has reported a pre-tax loss of approximately $138 million for the year 2025, marking a significant downturn after returning to profitability the previous year. The airline indicated that declining revenues played a major role in the negative results. Total income dropped notably compared......
Morocco is solidifying its role in the electric vehicle sector, building on its reputation as a hub for vehicle assembly. The country is increasingly integrating into European value chains, while domestic electric car sales, though still small, are growing rapidly. Local assembly includes models such......
Capcom has said it will not include content generated by artificial intelligence in its video games, drawing a clear line between using AI as a development tool and allowing it to create final in-game assets. The Japanese publisher outlined its position during an investor question and answer session,......
Finnish airline Finnair has announced a major step in modernizing its European operations by choosing Brazilian manufacturer Embraer over Airbus for its next generation of narrow-body aircraft. The carrier confirmed it will acquire 18 E195-E2 jets, with additional options that could significantly expand......
Oliver Blume, chief executive of Volkswagen, has suggested that German car manufacturers could benefit from adopting elements of China’s structured industrial planning as they navigate an increasingly competitive global market. In a recent interview, Blume highlighted China’s coordinated......
As South Africa’s automotive industry faces growing uncertainty, Morocco is increasingly positioning itself as a strategic industrial hub for global carmakers seeking stability and growth. Major manufacturers such as Stellantis and Volkswagen are reassessing their investment strategies in southern......
German chemical giant BASF is reinforcing its long-term commitment to China through its largest-ever investment project, aiming to expand its footprint in the world’s biggest chemicals market. The company is currently developing a major chemical complex in Zhanjiang, a project estimated to cost......
More than a decade after its first failed attempt in the smartphone market, Amazon is reportedly preparing a return with a new artificial intelligence-powered device designed to integrate its ecosystem of services. The project, still under development, is expected to center on advanced AI features and......