Apple unveils $1,999 iPhone Duo foldable smartphone and iPhone 18 Pro series
Apple introduced the foldable iPhone Duo starting at $1,999 alongside the iPhone 18 Pro series during chief executive John Ternus's first product showcase.
Apple unveils $1,999 foldable iPhone Duo at first keynote under CEO John Ternus
Apple introduced its first foldable smartphone, the iPhone Duo, alongside the iPhone 18 Pro lineup, AirPods 5, and updated smartwatches during a keynote presentation at Steve Jobs Theater.
France raises champagne alcohol limit to 15% following summer heatwaves
French regulators have granted an exceptional waiver allowing champagne to reach up to 15% alcohol, responding to intense summer heat that accelerated grape sugar accumulation across the region.
France to reduce exceptional corporate tax surcharge in 2027 budget, Lecornu says
Prime Minister Sébastien Lecornu confirmed in a letter to business leaders that the levy on large corporations will decrease but remain active to help manage fiscal pressures.
US Transportation Secretary criticises Ford over Chinese technology ties and delayed domestic production
Transportation Secretary Sean Duffy sent a formal letter to Ford CEO Jim Farley over the company's reliance on battery licensing from CATL and joint production with Geely.
Seoul court orders Smilegate founder Kwon Hyuk-bin to transfer 35% stake worth $1.5 billion
The Seoul Family Court ruled that Kwon must transfer a 35% company stake and 65 billion won in cash to his ex-wife Lee Hwa-jin, surpassing prior national divorce awards.
German insurers update regional classes with better car insurance ratings for 5.2 million drivers
The German Insurance Association recalculated regional risk ratings across 413 districts, lowering liability tiers for 5.2 million motorists while raising them for 4.8 million.
Inditex net profit rises 6.8% to €2.98 billion in first half as sales reach €19.76 billion
Inditex reported a 6.8% increase in first-half net profit to €2,980 million on €19,755 million in sales, driven by spring-summer demand and store expansion.
JP Kraemer Reverses Company Shutdown as Three Dortmund Businesses Set to Reopen
Management at JP Performance will reopen three Dortmund operations next week, reversing an earlier shutdown announcement following domestic violence allegations against Jean Pierre Kraemer.
Roku enters OLED market with Pro Series starting at $999 on Amazon
Roku has introduced its first self-branded OLED televisions, launching the Pro Series at $999 on Amazon ahead of a higher-tier LX model scheduled for October.
Billionaire hedge fund manager Chris Rokos moves tax residency to Greece
The founder of Rokos Capital Management, Britain's third-largest taxpayer after contributing 330 million pounds last year, is opening an office in Athens ahead of the October Budget.
Novartis loses 24 billion francs in market value after del-desiran trial failure
Novartis shares dropped by up to 11% on Tuesday after its muscle-wasting drug candidate del-desiran failed a Phase III trial, erasing roughly 24 billion Swiss francs in market value.
Volkswagen agrees to sell Osnabrück car plant to Aurelius Capital for air defence conversion
Volkswagen has signed a preliminary agreement to sell its Osnabrück assembly plant to Aurelius Capital and the state of Lower Saxony, repurposing the facility to manufacture air defence systems with Rafael.
US judge rejects federal bid to force sale of Google advertising exchange
A federal judge in Virginia declined to force Google to sell its AdX exchange, imposing behavioral remedies instead of a structural breakup sought by the US Department of Justice.
Portugal invites Lufthansa and Air France-KLM into final talks for 44.9% TAP stake
Portugal will negotiate with both Deutsche Lufthansa AG and Air France-KLM over several weeks to improve binding offers for a 44.9% stake in TAP after a technical assessment rated the proposals as closely matched.
Swiss Post plans up to 110 administrative redundancies by 2027 to cut operating costs
The state-owned postal operator announced reductions in management and support roles to offset falling letter volumes and lower branch transaction revenue without relying on taxpayer funding.
Volkswagen plans to retire Seat brand by 2029 in strategic pivot toward Cupra
Volkswagen plans to withdraw the Spanish brand Seat from the market by 2029 to cut costs and prioritize Cupra, as its supervisory board reviews global restructuring plans on 4 September.
Belgian prosecutors reveal semiconductor espionage probe into bankrupt chipmaker Belgan
Belgian authorities are holding a former senior researcher at microchip firm Belgan in pre-trial detention on suspicion of transferring gallium nitride technology to a Chinese competitor.
Rheinmetall and Hesse announce 270 million euro defense expansion in Kassel and Calden
The project will build a 30,000-square-meter logistics hub, a drone testing facility, and expanded manufacturing capacity for up to 500 Boxer armored vehicles per year.
Verdi calls 48-hour warning strikes across German seaports over wage dispute
The Verdi trade union has called 48-hour warning strikes across German North Sea ports after workers rejected an employer wage increase offer of 5.1%.
Huawei launches Mate XT2 trifold smartphone at $2,980 ahead of Apple event
Huawei unveiled the Mate XT2 trifold smartphone with an in-house Kirin 9050 Pro chip and an inward-folding 10.2-inch display in China, priced from 19,999 yuan ($2,980) ahead of competing releases by Xiaomi and Apple.
Belgian authorities seize €65 million in French McKinsey tax investigation
Belgian prosecutors have seized 65.2 million euros from McKinsey & Company at the request of French financial authorities, recovering 96% of the estimated unpaid taxes in a preliminary corporate tax fraud inquiry.
Sony unveils $300 WH-1000XM4C headphones with replaceable battery design
Sony has refreshed its folding WH-1000XM4 headphones as the $300 WH-1000XM4C, redesigning the battery compartment ahead of European Union regulations that take effect in February 2027.
Volkswagen approves restructuring plan to cut 100,000 jobs and phase out vehicle output at four German plants
The German automaker will eliminate approximately 100,000 positions globally and end car assembly across four domestic factories by 2034, reallocating vehicle lines to Central European plants.
Portugal approves €12 million emergency aid for Douro winegrowers
The Portuguese government has authorized up to 12 million euros in direct payments for Douro viticulturists unable to sell their grape harvest, shifting away from previous crisis distillation subsidies.
Jaguar Land Rover cuts 4,000 jobs to save £1.7 billion amid tariff and EV pressures
The British carmaker announced a two-year restructuring program to cut roughly 10% of its global workforce after quarterly profits dropped by more than two thirds.
Greek tax authority closes Mykonos kiosk and restaurant over 90,000 euros in unissued receipts
Greek tax auditors ordered two-day closures and fines on Mykonos after discovering more than 90,000 euros in unissued receipts at a kiosk and infractions at a restaurant.
FTC and 22 states sue Amazon over alleged $20 billion ad auction scheme
The Federal Trade Commission and 22 states filed a lawsuit accusing Amazon of secretly manipulating ad auctions to overcharge 1.2 million advertisers by more than $20 billion.
Asian tech stocks drive Nikkei up 2.2% following US chip rally and jobs data
Equities across Tokyo, Seoul, and Shanghai advanced on Monday after robust US jobs data and artificial intelligence demand lifted semiconductor manufacturers.
Japanese Rights Holders Deny Authorizing €6 Billion Dragon Ball Theme Park in France
Japanese rights holders including Toei Animation and Shueisha stated they never licensed rights for a €6 billion theme park complex announced near Paris by French and Saudi leaders.