French drone specialist Parrot said Friday that it would cut around 100 jobs after its third-quarter sales slumped by 40 percent, putting a major dent in its revival plans.
Business
Nov 23, 2018
1
75
Germany's massive car industry is the biggest investor worldwide in electric vehicles, a study published Monday found, as it scrambles under increasing pressure to adopt low-emissions technology.
Energy & Green Tech
Mar 12, 2018
1
52
European Space Agency (ESA) members agreed Thursday a record 14.4 billion euros budget, promising to maintain Europe's place at the top table as the United States and China press ahead and industry disruptors such as Elon ...
Space Exploration
Nov 28, 2019
0
27
Surrounded by the cryptocurrency mining "rig" that is taking over his bedroom, "Ali" lays bare the risks of his trade, revealing his profits "are a tenth of what they were".
Internet
Aug 26, 2018
0
15
Dutch electronics giant Philips said Tuesday its 2018 headline earnings plunged more than 40 percent, reflecting the disposal of its lighting business, but underlying profit rose while sales were steady.
Business
Jan 29, 2019
0
5
A worldwide shift in the appetite for currency since the 2008 global financial crisis appears to have hurt the Eurozone and helped the United States, according to new research from the University of Chicago Booth School of ...
Internet
Oct 24, 2017
0
3
Shares in Siemens' Healthineers unit surged in their debut on the Frankfurt stock exchange Friday, after the industrial giant raised 4.2 billion euros in a more muted than expected initial public offering.
Business
Mar 16, 2018
0
10
German high-end sports car maker Porsche said Monday it would double investments in electrifying its entire range by 2022, as parent company Volkswagen reacts to environmental scandals and new challenges from abroad.
Energy & Green Tech
Feb 5, 2018
0
78
Italy's antitrust authority on Thursday slapped fines on low cost airlines Ryanair and Wizzair over their cabin baggage policy.
Business
Feb 21, 2019
1
112
Fiat Chrysler said Monday it was selling its Italian auto parts unit Magneti Marelli to Japan's Calsonic Kansei (CK) in a deal worth 6.2 billion euros.
Automotive
Oct 22, 2018
0
9
