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Volvo Cars announces 2,500 job cuts as it swings to quarterly loss

2026-10-23T00:24:50-07:00

Chinese ownership has not shielded Volvo Cars from competition in China, as the Geely-owned carmaker steps up its turnaround efforts amid pressure from local rivals, US tariffs and the removal ...

Volvo Cars announces 2,500 job cuts as it swings to quarterly loss2026-10-23T00:24:50-07:00

Volvo Cars to cut 2,500 jobs as Q3 swings to loss

2026-10-23T00:07:00-07:00

Volvo will cut 2,500 jobs, mostly in Sweden, and trim another 5 billion crowns in costs after a third-quarter loss tied to Chinese competition, U.S. tariffs and weak demand.   

Volvo Cars to cut 2,500 jobs as Q3 swings to loss2026-10-23T00:07:00-07:00

Saudi regulator proposes fuller VC fund disclosures on valuations and exits

2026-10-23T00:04:48-07:00

  Draft rules would require venture capital and private equity funds to give investors details of individual holdings and realised returns, alongside broader reforms to Saudi capital markets.   

Saudi regulator proposes fuller VC fund disclosures on valuations and exits2026-10-23T00:04:48-07:00

Germany’s battery storage additions jump 91% as large-scale deployment accelerates

2026-10-23T00:00:00-07:00

The German Solar Industry Association (BSW-Solar) reports growth across large-scale, residential and commercial storage in the first nine months of 2026. With t...   

Germany’s battery storage additions jump 91% as large-scale deployment accelerates2026-10-23T00:00:00-07:00

Public health measures needed to tackle rise in cannabis-related harms

2026-10-22T23:58:59-07:00

Introduction by Croakey: As concerns grow about Australia’s booming market for medicinal cannabis, new data has shown a jump in  

Public health measures needed to tackle rise in cannabis-related harms2026-10-22T23:58:59-07:00

Tesla’s Automotive Revenue Fell 3%, and Energy Generation and Storage Tumbled 16%. Should Investors Still View Tesla as a Car Company?

2026-10-22T23:45:00-07:00

Tesla's third-quarter show the company is still struggling to grow.   

Tesla’s Automotive Revenue Fell 3%, and Energy Generation and Storage Tumbled 16%. Should Investors Still View Tesla as a Car Company?2026-10-22T23:45:00-07:00

Altas Auto reaches 10,000 vehicles produced, with electric Mercedes eSprinter delivered to Norway

2026-10-22T23:37:09-07:00

Lithuanian minibus and midibus manufacturer Altas Auto has reached 10,000 vehicles produced since its establishment in 2002, with the ...   

Altas Auto reaches 10,000 vehicles produced, with electric Mercedes eSprinter delivered to Norway2026-10-22T23:37:09-07:00

Stock Market: Will S&P 500 Open Up or Down Today?

2026-10-22T23:36:08-07:00

U.S. stock futures are leaning slightly lower early Friday as Wall Street navigates geopolitical stalemates, soaring oil prices, and fresh regulatory scrutiny on prediction markets. The Polymarket crowd, a Polygon ...

Stock Market: Will S&P 500 Open Up or Down Today?2026-10-22T23:36:08-07:00

Australian solar drives renewables to record 80.4% share of NEM generation

2026-10-22T23:34:46-07:00

Solar power drove renewables and storage to a record 80.4% share of Australia’s National Electricity Market generation in Q3 2026, with rooftop solar leading the surge. Distributed and grid-scale solar ...

Australian solar drives renewables to record 80.4% share of NEM generation2026-10-22T23:34:46-07:00
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