Keywords: Industry


Hindustan Zinc appoints new CEO as strong metal prices drive profit surge

India's Hindustan Zinc has appointed Amarendu Prakash as its next chief executive officer while reporting a sharp increase in quarterly earnings, supported by a strong rise in base and precious metal prices. The company announced on Friday that Prakash, the former chairman and managing director......

Uber Cuts Customer Support Roles and Accelerates AI Integration in Operational Shake-Up

Uber Technologies Inc. is restructuring key internal operations by reducing headcount in its customer support division, reflecting a broader effort to cut overhead costs and accelerate the adoption of artificial intelligence across its platforms. The ride-hailing and delivery giant confirmed it is eliminating......

Xpeng recalls more than 33,000 X9 electric vehicles over suspension safety concern

Chinese electric vehicle manufacturer Xpeng has announced a recall of 33,473 X9 multi-purpose vehicles after a potential defect affecting the front air suspension system raised safety concerns. The recall was disclosed in a notice published by China's market regulator on Friday. The action covers......

Rosalía faces backlash in Argentina after World Cup social media post

Spanish singer Rosalía has become the focus of online criticism in Argentina after sharing a social media video celebrating Spain's victory over the Argentine national team in the 2026 FIFA World Cup final. The controversy has emerged just days before the artist is due to begin a series of......

Avignon Off Festival maintains strong attendance despite heatwave and economic pressures

The 2026 Avignon Off Festival has delivered resilient attendance figures despite challenging conditions, demonstrating the continued appeal of one of Europe's largest performing arts gatherings. Organisers reported that audience numbers remained broadly in line with the previous year, even as extreme......

South Korea court orders SK Group chairman to pay €566 million in landmark divorce ruling

The long-running legal dispute involving SK Group Chairman Chey Tae-won reached a new milestone after a South Korean court ordered him to pay 944 billion won (approximately €566 million) to his former wife, Roh Soh-yeong, in one of the country's largest divorce settlements. The decision, delivered......

Volkswagen reports sharp profit decline as China weakness and one-off costs weigh on earnings

German automaker Volkswagen posted a steep decline in second-quarter earnings after weaker sales in China and significant one-off charges weighed heavily on its financial performance. The disappointing results underline the mounting challenges facing one of Europe's largest car manufacturers as global......

Temasek targets European defence investments amid rising military spending

Singapore's state-owned investment company Temasek is preparing to expand its presence in the European defence sector as governments across the continent accelerate military spending in response to evolving security challenges. The strategic shift reflects changing investment priorities driven by......

Airbus plans to expand its aviation activities in Morocco

Airbus is considering expanding its industrial and aviation activities in Morocco, highlighting the country's growing aerospace capabilities and its increasingly mature industrial ecosystem. Speaking during the Farnborough International Airshow in the United Kingdom, Gabriel Semelas, Airbus President......