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Ayvens reports Q2 profit miss on used car weakness Source link
Meta CEO Mark Zuckerberg holds a smartphone, as he makes a keynote speech at the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | ReutersAs Meta gobbles up land to construct massive AI data centers, CEO Mark Zuckerberg says there’s a balancing act when it comes to deciding whether to sell excess capacity or to preserve it. Among the four major U.S. hyperscalers, Meta is the only one that doesn’t have a business selling cloud infrastructure and services even though its capital expenditures rival that of its peers. But in recent…
Polling stations across Greater Manchester have opened in a mayoral election that was triggered when Andy Burnham resigned as the city region’s mayor.MPs are not permitted to be mayor, meaning Burnham had to stand down after his success in last month’s Makerfield parliamentary by-election. His election as an MP paved the way for him becoming prime minister earlier this month.Voters are now choosing which candidate they would like to represent them as mayor of Greater Manchester and leader of the Greater Manchester Combined Authority.Polling stations opened at 07:00 BST and will close at 22:00. The results are due to be…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The strength of Germany’s economy has long been in the Mittelstand. The amorphous group of small and midsized enterprises, often family-owned, that are often world leaders in their niches make up the backbone of Germany’s postwar success.So as worries grow over the future of Europe’s largest economy, there are concerns about the Mittelstand — and in particular whether German metal bashers can withstand the increasingly fierce competition coming from China.Bertram Kawlath is typical of the Mittelstand entrepreneurs. He studied in the UK…
Stellantis operating income more than triples in Q2, driven by North America Source link
Having it your way is one of the benefits of being an Ars Pro subscriber. You get all of the great content you come to Ars for every day, but you get to choose how you parse it. Some readers want the classic blog-style homepage. Others want as many headlines as possible packed onto one screen. Some want a wider text column; others would happily never see another story about a topic they don’t follow. We’ve got you covered. Both Grid and List views are available for all readers, but subscribing to Ars unlocks two additional layout options. Our old-school…
Philp rejected the French authorities’ explanation, saying: “I don’t buy the line from the French that this was routine training. It felt intimidatory and like it was done to stop us following what was happening in the Channel. It felt like a warning.”The French Coastguard said the exercise was intended to “maintain high levels of operability” and that “safety measures were respected”.In a statement, it added the firing exercise “had nothing to do with a British ship in the area”.The UK government said it was in contact with the French authorities to establish the facts surrounding the incident.Follow BBC Kent…
People are silhouetted against the setting sun in Berlin on June 19, 2026 in Berlin, Germany. A heat wave is currently affecting all of Germany. Florian Gaertner | Photothek | Getty ImagesEurope’s increasingly extreme summers are becoming an economic problem, with more frequent heatwaves driving up costs, disrupting businesses and weighing on growth.Huge wildfires have been raging in France and Spain, burning 300,000 acres and forcing the evacuation of 300,000 people. The scenes echo last year’s Los Angeles wildfires, when blazes overwhelmed firefighting resources, triggered mass evacuations and destroyed thousands of homes.A World Meteorological Organization (WMO) report looking at Europe…
Arcadis raises 2026 revenue outlook after Q2 growth Source link
Hello, this is Priyanka Salve, writing to you from Singapore.Welcome to the latest edition of “Inside India” — your one-stop destination for stories and developments from the world’s fastest-growing large economy.The success of Gen Z protests in India has handed a surprise victory to Mark Zuckerberg’s Meta, cementing its position as the most influential social media company in the world’s largest democracy. But with great power comes greater government scrutiny. This week I explore how Meta’s growing clout could be a double-edged sword for the company.Any thoughts on today’s newsletter? Share them with the team.The big storyThe Gen Z protests that rocked India…