Philips shares rocket 29% as firm settles U.S. respiratory device case
Philips shares soared Monday after the company agreed to a $1.1 billion settlement in a U.S. case linked to the recall of some of its sleep apnea devices.
Russia says it has captured another Donetsk village after Ukraine pulls back forces in the east
Russia’s defense ministry claimed Monday that its forces had captured the village of Semenivka in the eastern Ukrainian region of Donetsk.
Policy continuity is key if India wants to see strong economic growth in the next 5 years, Nomura says
Policy continuity is crucial if it wants to be the world’s fastest growing economy for the next five years, Rob Subbaraman of Nomura said.
JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says
The energy minister of the UAE concurred with JPMorgan’s calls for there to be a “reality check” on the world’s energy transition goals and pathway.
Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream
Tests like those carried out by Kongsberg in Norway aim to sway decision makers in the company’s direction.
Germany’s far-right AfD party is finding success on TikTok — as its popularity among young voters grows
The youth vote for Germany’s far-right party, the AfD is growing ahead of key elections, and social media may be playing a significant role in this development.
Oracle boosts its generative AI capabilities as cloud competition heats up
Oracle in March announced new generative AI features embedded across applications in finance, supply chain, HR, sales, marketing, and service.
Huawei SUV crash kills three in China’s Shanxi province, says state media
Three people died after a Huawei SUV burst into flames after crashing into a truck on a highway in China’s north Shanxi province, Chinese state media reported.
Japanese yen strengthens sharply after hitting 160 against dollar for the first time since 1990
The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.
Musk makes surprise visit to Beijing as Tesla’s China-made cars pass data security rules
Local authorities removed restrictions on Tesla cars after the company passed China’s data security requirements, the automaker said Sunday.