Tesla faces slowdown in Q4 deliveries as US tax credit ends
Tesla closed 2025 with 1.64M EVs delivered, down 9% from 2024, as US tax credit removal and rising competition from China’s BYD weigh on...
Business
Prada strengthens luxury hold with completion of $1.4 billion Versace acquisition
Italian fashion powerhouse Prada has finalized the $1.38 billion (€1.25 billion) takeover of Milanese rival Versace from US-based Capri Holdings, integrating the iconic brand...
Boeing completes Spirit AeroSystems acquisition, expands production and defense capabilities
Boeing has completed its $4.7 billion acquisition of Spirit AeroSystems, integrating 15,000 employees and major commercial and aftermarket operations.
UAE’s Space42 tests AI-enabled HAPS for wildfire response in Spain
UAE-based Space42 completed Europe’s first civilian-authorized HAPS flight in Spain, showcasing Mira Aerospace’s AI-enabled stratospheric platform for wildfire monitoring and environmental surveillance.
Kering buys 20% of Italy’s Raselli Franco in $135 million jewelry deal
Kering has acquired a 20% stake in Italy’s Raselli Franco Group for $135 million (€115 million), boosting its jewelry supply chain and luxury business.
Nike warns of deeper margin pressure as turnaround weighs on profits
Nike Inc. reported $12.4 billion in Q2 revenue, beating estimates, but net income fell 32% and gross margins dropped for a second straight quarter, as...
NVIDIA and telecom operators deploy distributed AI grids for ultra-fast services 
Oscars 2026: From ‘Sinners’ to ‘One battle after another,’ here are the night’s big winners 
Faster pickups, lower costs: IKEA China rolls out self-driving vehicles to boost efficiency, cut delays 
From code to car: BMW brings humanoid robots into German production lines