COMPANIES

The eActros 600 can travel about 500 kilometres (310 miles) on a single charge

Amazon Orders 200 Mercedes-Benz Electric Trucks

Heavy-duty vehicles (HDVs) are responsible for six percent of EU greenhouse gas emissions, according to the European Commission, and account for over a quarter of road transport emissions in the bloc.
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A lawsuit filed by fired SpaceX workers argues that lewd or sexist comments posted by chief executive Elon Musk at his X social network set a tone for culture in the private space exploration company

Fired SpaceX Workers Sue Elon Musk Over Workplace Abuses

The civil complaint filed in a California court in Los Angeles contends Musk had the workers terminated after they published an open letter detailing their concerns and calling on the American aerospace firm's board to distance itself from the SpaceX chief executive.
AFP news Jun 13, 2024
Siemens, whose products range from trains to factory equipment, announced a 38 percent fall in second-quarter net profit to 2.2 billion euros.

Siemens To Sell Electrical Motors Business To KPS

Innomotics, a subsidiary whose motors and other systems are used in a variety of industries including chemicals, oil, utilities and automotive, employs around 15,000 people.
AFP news May 16, 2024
Faced with numerous challenges in the wake of scandal and setback, Boeing is searching for a new CEO

Mission Impossible? Next Boeing CEO Faces Pile Of Problems

In the ensuing weeks, Boeing has endured troubling congressional hearings with whistleblowers and safety experts, repeat delays to a space launch, and a steep decline in commercial plane deliveries that has deepened financial losses.
AFP news May 16, 2024
Sony enjoyed 'significant increases in sales' in its game and music sectors

Sony Net Profit Dips On-year But Beats Estimate

The entertainment and electronics behemoth has been in the spotlight after reports said it was working with Apollo Global Management on a potential joint bid for US film and television giant Paramount Global.
AFP news May 14, 2024
TSMC is one of the world's leading semiconductor companies

Chip Giant TSMC's April Revenue Jumps 60% On-year

Taiwan Semiconductor Manufacturing Company controls more than half the world's output of chips, and supplies them for everything from Apple's iPhones to Nvidia's cutting-edge artificial intelligence hardware.
AFP news May 10, 2024
A Boeing whistleblower and other aviation experts painted a troubling picture of Boeing's safety practices at a Senate hearing in April 2024

Boeing Probed In US Over Possible Falsified Records On 787

The FAA said it opened the investigation after Boeing notified it that the company may not have completed required inspections, which are needed to ensure a safe and functional electrical flow between aircraft components.
AFP news May 07, 2024
Tesla is cutting hundreds of more jobs in part of Elon Musk's latest cost-cutting push

Tesla To Cut Hundreds More Jobs In Musk Cost Push: Report

Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employees, will disband two departments and lay off most of the employees from the groups, reported the Information late Monday.
AFP news May 01, 2024
The overnight success of OpenAI's ChatGPT thrust generative AI as Silicon Valley's latest tech revolution, lifting Microsoft, OpenAI's main backer, to become the world's most valuable company

Microsoft Expands Its AI Empire Abroad

The overnight success of OpenAI's ChatGPT thrust generative AI as Silicon Valley's latest tech revolution, lifting Microsoft, OpenAI's main backer, to become the world's most valuable company.
AFP news Apr 26, 2024
Taiwan Semiconductor Manufacturing Company -- whose clients include Apple and Nvidia -- controls more than half the world's output of silicon wafers

Taiwan Chip Giant TSMC's Profits Surge On AI Demand

Taiwan Semiconductor Manufacturing Company -- whose clients include Apple and Nvidia -- controls more than half the world's output of silicon chips, which have been called the "lifeblood" of the modern world.
AFP news Apr 18, 2024
The logo of US giant General Electric in Belfort, eastern France, on June 3, 2019. General Electric is breaking up into three entities as of April 2, 2024

Swan Song For General Electric As It Completes Demerger

An initial split took place in January 2023 with the creation of GE HealthCare, bringing together all the health care activities. The official finalization of the separation comes Tuesday, with General Electric disappearing in favor of GE Vernova, dealing with energy activities, and GE Aerospace, the new name of the late GE.
AFP news Apr 02, 2024
Cathay Pacific's net profit of US$1.25 billion was the first since 2019

Cathay Pacific Reports First Annual Profit Since 2019

Chair Patrick Healy said that "2023 was our first profitable year since 2019" and added that the imbalance between supply and travel demand "resulted in high yields and contributed to a strong financial performance in both halves of the year".
AFP news Mar 13, 2024
Sunday's protest was organised by a coalition of environmental protection groups including Extinction Rebellion, Nabu and Robin Hood

Activists Protest Tesla Plant Expansion In Germany

The protest came days after Tesla's Gruenheide site was forced to halt production after a nearby electricity pylon was set on fire in a suspected arson attack, causing a power outage at the plant.
AFP news Mar 11, 2024
Taiwanese semiconductor giant TSMC is opening an $8.6 billion chip-making facility in Japan's southern Kumamoto region

TSMC Diversifies Out Of Hotspot Taiwan With New Japan Plant

The $8.6-billion facility in the southern Kumamoto region showcases TSMC's efforts to make some of its strategically crucial chips elsewhere than hotspot Taiwan, as well as Japan's push to revive its once-dominant semiconductor sector.
AFP news Feb 22, 2024

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