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Author: admin

08Dec

Stellantis Shifts US Strategy to Hybrid Production, Says CEO Antonio Filosa

Stellantis CEO Antonio Filosa said on Thursday that the automaker is focusing on hybrid production in the U.S. market, a shift from his predecessor's focus on fully-electric models. "We truly…
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08Dec

Amazon Weighs Future With USPS as Contract Nears Expiry

Amazon.com said Thursday the e-commerce giant is in discussions with the U.S. Postal Service about its future relationship and considering its options before its current contract expires next year. The…
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06Dec

Philips Shares Drop Over 6% After Analyst Flags Growth Concerns

Shares of Philips fell over 6% on Thursday, making it the worst performer on Amsterdam's AEX index, after an analyst note raised concerns about its growth trajectory. The sharp decline,…
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06Dec

Visa to Enter Syria After Deal with Central Bank

Visa plans to launch operations in Syria following an agreement with the war-torn country's central bank on a roadmap to develop a digital payments ecosystem, the bank's governor and the…
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06Dec

US jobless rate holds at 4.4 per cent as signs of labour slowdown grow

The U.S. unemployment rate was unchanged at around 4.4% in November, the Chicago Federal Reserve estimated on Thursday, while closely watched data from a private provider added to the evidence…
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06Dec

EU Reviews Tariffs on China-Made Volkswagen EVs, Eyes Quota and Price Plan

The European Commission said on Thursday it was reviewing tariffs on Volkswagen's electric vehicles built in China, which the automaker hopes could be replaced with an annual import quota and…
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06Dec

ProShares Pulls Leveraged ETF Plan After SEC Warning

ETF provider ProShares has withdrawn its registration request for some highly leveraged exchange-traded funds after receiving a warning letter from the U.S. securities regulator that flagged risk exposures and paused…
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06Dec

Activist investor Elliott nears settlement with PepsiCo, reports WSJ

Activist investor Elliott Management is close to striking a settlement agreement with PepsiCo, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Details of the settlement…
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06Dec

Ulta Beauty lifts annual forecast on strong holiday beauty demand

Ulta Beauty raised its annual sales and profit forecast on Thursday, betting on strong demand for its makeup and skincare products going into the holiday season. Shares of the company,…
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06Dec

The Year Robots Learned to Watch: How Vision-Based Training Is Redefining Humanoids in 2025

A Quiet Breakthrough in Humanoid Learning Tesla’s Optimus robot made global headlines this year not just for its choreography, but for how it’s learning. In a May 2025 video, Optimus…
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