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Volkswagen considers 4 factory closures, 1 lakh job cuts amid China competition, tariff pressure: Report

The logo of German car manufacturer Volkswagen is pictured at Volkswagen’s transparent factory in Dresden, Germany, on May 14, 2025. (AP-Photo) Volkswagen is considering closing four factories in Germany and increasing planned job cuts to as many as 1,00,000 (1 lakh) in what could become the biggest restructuring in the company’s history as the automaker…

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Europe on red alert as record heatwave pushes health systems to brink

Paris recorded a June high of 40.9 degrees Celsius on Wednesday. Health authorities across Europe remained on high alert Friday as an unprecedented heatwave continued to sweep across the continent, forcing governments to introduce emergency measures ranging from alcohol restrictions and event cancellations to transport advisories.Scientists described the spell of extreme weather, which began on…

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Uber India president Prabhjeet Singh steps down after over a decade with company

An Uber spokesperson said Prabhjeet Singh is leaving the company to pursue another leadership opportunity. Uber India and South Asia President Prabhjeet Singh has stepped down after more than a decade with the ride-hailing company, the company confirmed on Thursday, PTI reported.An Uber spokesperson said Singh is leaving the company to pursue another leadership opportunity.“We…

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Former BBC presenter, Indian-origin comedian Hardeep Singh Kohli to face trail over rape, sexual offences involving 5 women | World News

UK-based comedian of Indian-origin Hardeep Singh Kohli is accused of 20 charges, including multiple counts of rape and sexual offences involving five women, and is to face trial after pleading not guilty. Kohli, 57, entered his pleas through his legal team during a hearing at the High Court in Glasgow. The trial is scheduled to…

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US stock market today: AI stocks sink again, pulling Wall Street towards weekly loss

Among the biggest drags was Micron Technology, whose shares fell 5.5%. The memory-chip maker has been one of Wall Street’s biggest winners this year, with its stock roughly quadrupling as AI-driven demand boosted sales. Wall Street slipped on Friday as another sharp selloff in artificial intelligence (AI)-linked stocks outweighed gains across much of the broader…

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India-UK FTA must drive transformational growth, not just higher trade: Piyush Goyal

Piyush Goyal on Friday urged Indian and British businesses to look beyond incremental gains from the India-UK Free Trade Agreement (FTA), saying the pact should become a catalyst for “transformational growth” when it comes into force on July 15. Commerce minister Piyush Goyal on Friday urged Indian and British businesses to look beyond incremental gains…

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