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Germany’s Auto Industry Faces Deepening Crisis with Major Job Cuts and Profit Declines

German automakers report steep profit drops and announce tens of thousands of job cuts as sales falter in China and Europe, while the shift to EVs reshapes the industry.

Ferrovie dello Stato Confirms €1 Billion Paris-London High-Speed Rail Plan by 2029

BYD Extends Lead Over Tesla in Global EV Market

Perplexity AI in Talks to Raise Up to $1 Billion at $18 Billion Valuation

Adobe Shares Slide 13% Following Disappointing AI Monetization and Tepid Outlook

Microsoft Offers OpenAI’s Advanced o1 Reasoning Model Free for Copilot Users

Zomato's Q3 Profit Plummets 57% Despite Strong Revenue Growth

Elon Musk’s xAI Reportedly Developing Standalone Chatbot App

HP Enterprise Raises Annual Profit Forecast Amid AI Demand

EU Launches Probes into Chinese Solar Firms over Unfair Subsidies

UK Regulator Launches Phase 2 Probe into Vodafone-Three Merger

Biden Admin Seeks to Ease Repair of McDonald’s Ice Cream Machines