ATHENS: Solar power overtook hard coal as an energy source for the EU in 2022, Eurostat announced on Monday.
‘In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU,’ the statistics authority said in a…
ISTANBUL: General Motors (GM) is set to cut 1,000 jobs, primarily affecting its software and services division, according to multiple reports on Monday.
The layoffs will impact around 600 employees at GM’s tech campus near Detroit, Michigan. The auto…
GENEVA: The umbrella organization of Swiss trade unions, Travail Suisse, has called for a wage increase of up to 4% in 2025, citing what it describes as a “historic wage crisis.”
In a press release on Monday, Thomas Bauer, the head of economic policy…
ISTANBUL: Major US stock indices opened Monday with gains, continuing momentum after their best weekly performance of the year.
The Dow Jones Industrial Average rose 86 points, or 0.21%, to 40,746 as of 9:55 a.m. EDT (1355GMT), following a 2.9% incre…
ISTANBUL: US-based global semiconductor manufacturer AMD announced Monday that it had signed a definitive agreement to acquire artificial intelligence (AI) infrastructure provider ZT Systems for $4.9 billion.
The move is a major step in AMD’s AI stra…
BERLIN: Lufthansa announced on Monday that it is extending the suspension of flights to the Middle East crisis region due to security concerns.
A statement from the German flag carrier said all flights to and from Tel Aviv, Iran’s capital Tehran, Bei…
