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German economy faces uphill climb as industrial output fallsBy Reuters - 3 minutes ago

BERLIN (Reuters) - A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall in industrial production. Output fell by 0.2% in May...

Continental to phase out activities at Gifhorn plant by end of 2027By Reuters - 9 minutes ago

BERLIN (Reuters) -Continental said on Friday it plans to phase out business activities at its Gifhorn plant by the end of 2027, with 450 out of 900 jobs at the site affected. The...

Exclusive-IAEA chief Grossi nods to discord among its Fukushima report expertsBy Reuters - 13 minutes ago 2

By Sakura Murakami and John Geddie TOKYO (Reuters) -The head of the U.N.'s nuclear watchdog said on Friday that one or two of the team of international experts behind its report...

South Korea says Japan's water release plan meets standardsBy Reuters - 18 minutes ago

By Hyunsu Yim and Soo-hyang Choi SEOUL (Reuters) - South Korea said on Friday Japan's plan to discharge treated radioactive water from its tsunami-wrecked Fukushima nuclear plant...

China's Alibaba unveils AI image generator to take on Midjourney and DALL-EBy Reuters - 19 minutes ago

By Josh Ye HONG KONG (Reuters) - Alibaba (NYSE:BABA) Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise...

European shares inch lower ahead of U.S. jobs reportBy Reuters - 33 minutes ago

(Reuters) - European shares edged lower on Friday, following sharp losses in the previous session, after U.S. data that showed a still strong labor market, while investors await a...

Tesla offers cash rebate on top models in ChinaBy Reuters - 34 minutes ago

BEIJING (Reuters) - Tesla (NASDAQ:TSLA) on Friday said it would offer new buyers of its top-selling electric vehicles in China a cash bonus equivalent to almost $500 if they have a...

Samsung Elec flags 96% drop in Q2 profit as chip glut drags onBy Reuters - 38 minutes ago 1

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, largely in line with...

Biotech firms target weight-loss drugs without Wegovy's side-effectsBy Reuters - 41 minutes ago

By Maggie Fick LONDON (Reuters) - Weight-loss drug Wegovy helped Rebecca Vogt achieve a major goal - shedding the weight she had not managed to drop since giving birth. But, after...

However war ends, Ukraine's diminished population will hit economy for yearsBy Reuters - 42 minutes ago

By Olena Harmash KYIV (Reuters) - With war dragging on, some of Ukraine's millions of refugees are beginning to think about settling for good in the countries they find themselves...

Exclusive-China to end Ant Group's regulatory revamp with fine of at least $1.1 billion-sourcesBy Reuters - 49 minutes ago

By Julie Zhu and Jane Xu HONG KONG (Reuters) -Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources...

Factbox-Companies respond to China's curbs on gallium and germanium exportsBy Reuters - 54 minutes ago

(Reuters) - China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and...

Airbus books record India orders, confirms higher deliveriesBy Reuters - 1 hour ago

PARIS (Reuters) - Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data...