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Rivian CEO earned $403 million last year
Businessfaz13h ago

Rivian CEO earned $403 million last year

The founder and CEO of the American electric car manufacturer Rivian earned approximately $403 million last year, with potential for billions over ten years if performance is strong.

Major Companies Release Quarterly Earnings: Carlsberg and Norsk Hydro Report Results
BusinessAPReutersbloomberg+14NYTyle-uutisetcnbcfazberlingskerzeczpospolitavgYahoo+6 more1d ago17 sources

Major Companies Release Quarterly Earnings: Carlsberg and Norsk Hydro Report Results

Several prominent companies, including Deutsche Bank, Norsk Hydro, and Carlsberg, have released their latest quarterly financial results, with some exceeding expectations while others, like Vale, missed targets. Many also provided future revenue and earnings forecasts, reflecting a mixed corporate performance landscape.

US Orders Chip Equipment Export Halt to China's Hua Hong
FinanceReutersorfYahoo+3straits-timesjapan-timesseeking-alpha1d ago6 sources

US Orders Chip Equipment Export Halt to China's Hua Hong

The United States has reportedly ordered chip equipment manufacturers to cease certain shipments to Hua Hong, China's second-largest chipmaker. This move signifies an expansion of U.S. export restrictions targeting China's semiconductor industry.

Polish Influencer Raises Over £50M for Child Cancer Patients
HealthReutersBBCThe Guardian+14nosrzeczpospolitatvn24publicodelfi-ltThe Independentn1-serbiaobservador+6 more2d ago17 sources

Polish Influencer Raises Over £50M for Child Cancer Patients

Polish influencer Łatwogang successfully raised over £50 million (approximately €59 million) for children with cancer through a multi-day livestream event. The charity initiative garnered significant public support and celebrity involvement, including footballer Lamine Yamal and Chris Martin.

Businessstraits-times3d ago

EVs Dominate Singapore Car Registrations, BYD Leads Sales

Electric Vehicles now account for about 60% of all new car registrations in Singapore, marking a significant shift in the automotive market. Chinese manufacturer BYD has emerged as a major player, representing nearly one in four new cars sold in the city-state.

Trump Threatens Germany Troop Withdrawal Amid Iran Tensions
WorldAPReutersBBC+109bloombergNYTFTle-mondewapoThe GuardianNPRAl Jazeera+101 more4h ago112 sources

Trump Threatens Germany Troop Withdrawal Amid Iran Tensions

President Trump threatened to withdraw U.S. troops from Germany, citing disagreements with German officials, while also signaling a prolonged U.S. blockade against Iran which caused oil prices to surge.

UAE Announces Withdrawal from OPEC, Sparking Market Concerns
WorldReutersBBCbloomberg+33FTThe GuardianNPRAl JazeeranzzSCMPde-volkskrantdie-presse+25 more13h ago36 sources

UAE Announces Withdrawal from OPEC, Sparking Market Concerns

The United Arab Emirates has announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC). This move has prompted widespread discussion about its potential impact on global oil markets, OPEC's future influence, and regional geopolitical alliances.

China's EV Dominance and Rapid Charging Capabilities
Technologyluxemburger-wort21h ago

China's EV Dominance and Rapid Charging Capabilities

At the world's largest industry fair in Beijing, Chinese electric vehicle brands demonstrated technological dominance and price efficiency, including rapid charging in extreme cold, while European manufacturers like VW strive to catch up.

Scania's Owner Traton Exceeds Q1 Expectations
Financesvenska-dagbladet1d ago

Scania's Owner Traton Exceeds Q1 Expectations

Truck manufacturer Scania's owner, Traton, reported an adjusted operating profit of 582 million euros for the first quarter, a 10% drop from the previous year but still better than expected.

Ufa Mayor Arrested on Corruption Charges
PoliticsMoscow Timesmeduza1d ago2 sources

Ufa Mayor Arrested on Corruption Charges

The head of the Ufa city administration has been detained on charges of abuse of office and bribery. The arrest highlights ongoing efforts to combat corruption within Russian municipal leadership.

Bluesun Expands Industrial Growth with New Production Line
Businessla-vanguardia2d ago

Bluesun Expands Industrial Growth with New Production Line

Bluesun, a group specializing in home and personal care products, is boosting its production capacity with a new manufacturing line. This expansion was highlighted during an institutional visit by the Minister of Business and Labor, Miquel Sàmper, and Mataró Mayor, David Bote.

WorldReuters2d ago

Embraer Achieves Record $32.1 Billion Backlog in Q1

Brazilian aerospace manufacturer Embraer has reported a record-breaking backlog of $32.1 billion at the end of its first quarter. This significant figure indicates strong demand for the company's products and services.

China's Industrial Profits Surge to Six-Month High
BusinessbloombergSCMPglobal-times2d ago3 sources

China's Industrial Profits Surge to Six-Month High

China's major industrial firms have reported a significant surge in profits, reaching a six-month high or expanding by 15.5% in the first quarter of 2026. This growth is attributed to factors such as a rebound in factory-gate prices and strong performance in high-tech manufacturing.

PoliticsFT3d ago

Trump's Tariff War Impact on German Business

A German nut and bolt manufacturer reports stable demand despite facing one of the largest US levy rises in 2025, highlighting the business sector's exposure to potential tariff wars under a future Trump administration.

Volvo Accelerates Electric Vehicle Transition in Sweden
Technologyder-standard4d ago

Volvo Accelerates Electric Vehicle Transition in Sweden

Swedish automaker Volvo, known for nearly a century of car manufacturing, is pushing to accelerate its transformation to electric vehicles despite high labor costs and strong unions in Sweden, with a new EV model expected to aid this shift.

Volvo CEO Considers Building Chinese EVs in US
TechnologyBusiness Insider21h ago

Volvo CEO Considers Building Chinese EVs in US

Volvo CEO Håkan Samuelsson stated the company is open to manufacturing electric vehicles from its Chinese parent company, Geely, at its US plant, acknowledging significant competition pressure from Chinese rivals.

Public Unaware of Free Adult Vaccinations
Healthder-standard21h ago

Public Unaware of Free Adult Vaccinations

A survey indicates that only about 70 percent of respondents are aware of the free Covid-19 vaccine, prompting vaccine manufacturers to call for more information campaigns and easier access.

Poland's Defense Spending Tests National Economy
Businessrzeczpospolita1d ago

Poland's Defense Spending Tests National Economy

Representatives from the industry debated in Katowice whether Poland's unprecedented defense spending will translate into domestic technology, jobs, and innovation or primarily flow to foreign manufac

Chinese EV Giant BYD Reports 55% Drop in Q1 Profit
FinancebloombergFTle-figaro+6SCMPorfYahoostraits-timeschannel-news-asianewsbeast1d ago9 sources

Chinese EV Giant BYD Reports 55% Drop in Q1 Profit

Chinese electric vehicle manufacturer BYD announced a 55% decline in its first-quarter net profit. The significant drop comes amid an intense EV price war and slowing sales in China.

True Anomaly Raises $650 Million for Space Interceptors
Businessbloombergcnbc1d ago2 sources

True Anomaly Raises $650 Million for Space Interceptors

Four-year-old startup True Anomaly has raised $650 million in funding, which it plans to use to scale manufacturing and double its workforce by the end of the year to support space interceptors for "Trump's Golden Dome."

Gunman Attacks White House Correspondents' Dinner Targeting Trump
WorldAPReutersBBC+112bloombergNYTwsjFTle-mondewapoThe GuardianNPR+104 more3d ago115 sources

Gunman Attacks White House Correspondents' Dinner Targeting Trump

A gunman attempted to attack President Trump and Cabinet members at the White House Correspondents' Dinner, sending anti-government writings to family before the incident and sparking various reactions and conspiracy theories.

Challenges in Developing Sustainable Jeans Production
Businessder-standard3d ago

Challenges in Developing Sustainable Jeans Production

The article explores the complexities and efforts involved in creating more sustainable jeans, noting that traditional denim manufacturing is one of the fashion industry's most polluting processes, despite the availability of greener alternatives.