Daily Archives: Jun 24, 2026

Volkswagen’s (VOWG_p.DE) 10 billion euro ($10.9 billion) savings program will include staff reductions; managers told staff on Monday as brand chief Thomas Schaefer warned that high costs and low productivity were making its cars uncompetitive. The German carmaker is amid negotiations with its works council over a cost-cutting scheme...

In magnetics, AOMAG has emerged as a prominent player, harnessing the power of cutting-edge technology to develop innovative solutions for various industries. Among their notable contributions are the utilization of SmCo magnets and radial ring magnets, with a particular focus on the dynamic landscape of China. In this article,...

Sony must face a mass lawsuit worth up to $7.9 billion over claims the PlayStation maker abused its dominant position, leading to unfair customer prices, a London tribunal ruled on Tuesday. The lawsuit was launched last year for nearly 9 million people in the United Kingdom who had bought...