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Cars are parked in fron of the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany.Jens Schluter | Afp | Getty ImagesVolkswagen’s management plans to drastically reduce its model lineup and further cut capacity, although the German auto giant stopped short of announcing any job cuts following tense stakeholder talks.Europe’s largest automaker on Thursday said the model lineup will be gradually cut by up to half over the coming years as it concentrates on the most attractive market segments. Production capacity, meanwhile, will be reduced to nine million vehicles per year, compared to a goal of 12…
Why is Maire stock gaining today? Source link
Humanoid robots have surgically removed the gallbladders from living animals in an unprecedented medical experiment—but not as autonomous machines capable of replacing human doctors. Instead, skilled human surgeons remotely controlled the robots’ movements in a new example of human-robot teamups. The teleoperated humanoid robots completed two minimally invasive surgeries by removing gallbladders from live pigs during a preclinical trial that was published in the journal Nature. If this approach eventually proves clinically ready for human patients, surgeons could use such humanoid robots to remotely perform robotic-assisted surgical care in smaller hospitals and clinics that lack the resources to install specialized…
Cars stand in line for gasoline at a Lukoil gas station on July 8, 2026 in Nakhabino outside of Moscow, Russia. Russian cities are experiencing a shortage of automobile fuel caused by numerous Ukrainian drone attacks on oil refineries.Contributor | Getty Images News | Getty ImagesUkraine has stepped up its attacks on Russian fuel tankers in the Sea of Azov, seeking to disrupt supplies to occupied Crimea at a time when drone strikes have triggered nationwide gasoline shortages.Ukraine’s drone force commander Robert Brovdi, known as Magyar, said via Telegram that 14 Russian ships were hit in the Sea of Azov…
Global oil demand is set to decline for the first time since 2020 as the Iran war wreaked havoc with production and exports in the Middle East, the International Energy Agency (IEA) said Friday.World oil demand is set to decline by 1 million b/d year-on-year in 2026, which would mark its first annual decrease since the height of the Covid-19 pandemic in 2020, the IEA said in its latest oil market report.This year’s contraction is “highly skewed in both product and regional terms,” as the closure of the Strait of Hormuz — the vital shipping route for oil and gas…
Why is Persistent Systems stock rallying today? Source link
Samuel Boivin | Nurphoto | Getty ImagesMicron shares rose almost 5% on Thursday after the company announced a new round of investments aimed at boosting the U.S. semiconductor supply chain, and said it plans to accelerate its spending in the country through 2035. The new strategic investment of up to $3 billion includes $500 million for Taiwanese-headquartered GlobalWafers to expand its wafer development and manufacturing in its Texas facilities, and also comes with a 10-year supply agreement for raw silicon wafer capacity. “Securing a reliable supply of critical input materials is essential to supporting Micron’s long-term growth and technology roadmap,”…
The main Westminster parties have decided not to stand against Reform UK in the Clacton by-election. But plenty of other candidates have declared their intention to stand. Here is the full list of those we know about – in alphabetical order. ADHAM ALKHATIP – FORWARD PARTYAn engineering student at London University who previously worked as a housekeeping assistant at a hospital in Birmingham. Announcing his candidature on TikTok, external, Alkhatip said he would be standing on an “anti-corruption, pro-worker platform”. COUNT BINFACE – INDEPENDENTReal name Jon Harvey, Count Binface is a comedian and author who often participates in elections and…
A supporter checks the gambling site ‘Kalshi” just before State Assembly member, Alex Bores (D-NY) gives a speech to supporters at his watch party at The Freehand Hotel after conceding the congressional race to Micah Lasher who will replace Rep Jerry Nadler (D-NY) in NY’s 12th Congressional District on June 23, 2026 in New York City. Laura Brett | Getty ImagesInsider trading is an emerging risk in the new world of prediction markets, and some companies – including Goldman Sachs – are taking steps to limit employees’ trades on the platforms.Goldman Sachs has banned its employees from trading on contracts…
FTSE 100 today: Stocks gain as Middle East tensions ease; Apollo tops easyJet bid Source link