Porsche to axe one in five jobs by 2035 as China, EV woes bite
Porsche management and labor reps had agreed to 5,000 additional job cuts that avoid compulsory redundancies.
Europe wildfire in pictures: Gigantic fire cloud engulfing France, Spain regions
A rare wildfire spreading across France’s Bordeaux region and has spread to Western Madrid is fire cloud that can generate its own thunderstorms.
Nvidia, SpaceX, Microsoft launch AI safety initiative as OpenAI cyberattack fallout continues
Microsoft, SpaceX, Palantir, alongside dozens of other tech companies from the U.S. and Europe, have joined the Open Secure AI Alliance.
Treasury yields tumble as Middle East tensions ease
U.S. Treasury yields dipped Monday after the U.S. and Iran paused hostilities, driving oil prices lower.
India’s Gen Z forced Modi to listen, respond and act — exposing chinks in the ruling party’s armor
In a rare occurrence, Modi’s government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country’s polity.
Spain and France wildfires force more than 300,000 to flee as Macron calls crisis meeting
The impact of a gigantic wildfire ravaging France’s Bordeaux region and Spain has been like a “clap of thunder” for the local economy, a minister said.
CNBC Daily Open: Iran attacks halt and wildfires rage across Europe
Crude prices are sinking as negotiations between Iran and the U.S. replace the tit-for-tat attacks that have dominated the last few weeks.
Why Trump’s new tariff blitz is very different this time around
President Trump on Friday launched a fresh round of tariffs targeting 60 trading partners, including the European Union, China and the U.K.
Goldman Sachs lists Asian currencies riding the AI boom
The artificial intelligence boom is reshaping Asia’s currency markets, with Goldman Sachs arguing that technology exposure has become a key differentiator.
Three killed, four wounded in Seattle food festival shooting, police say
Three people were killed and four others, including a toddler, were wounded on Sunday in a shooting at a downtown Seattle food festival, police said.
