Business

Volkswagen earmarks €16 billion for job cuts, plant closures, source says

Volkswagen earmarks €16 billion for job cuts, plant closures, source says

BERLIN, Sept 10 (Reuters) - Volkswagen estimates the total cost of job cuts and potential plant closures, part of a landmark…

September 10, 2026

OpenAI faces Senate probe into Hugging Face incident, Axios reports

Sept 10 (Reuters) - A Republican-led Senate subcommittee responsible for disaster management oversight is examining OpenAI's response to the July…

September 10, 2026

OpenAI says working with Samsung on next-generation chips, deepening cooperation

By Heekyong Yang SEOUL, Sept 9 (Reuters) - OpenAI is deepening cooperation with Samsung Electronics as the ChatGPT maker develops…

September 10, 2026

Euro firm ahead of ECB decision; $100 oil dampens activity

By Jiaxing Li and Amanda Cooper HONG KONG/LONDON, Sept 10 (Reuters) - Major currencies held steady on Thursday, in the…

September 10, 2026

US trial against China's Huawei opens with prosecutor calling the company a criminal enterprise

By Karen Freifeld NEW YORK, Sept 9 (Reuters) - A U.S. prosecutor described China's Huawei as a criminal enterprise that…

September 10, 2026

'Welcome to Foldables': Samsung braces for Apple's foldable iPhone challenge

By Hyunjoo Jin SEOUL, Sept 10 (Reuters) - Samsung launched a publicity campaign for its foldable phones, touting its hardware…

September 10, 2026

Brent holds above $100 as tanker attacks deepen supply fears

By Sethuraman N R NEW DELHI, Sept 10 (REUTERS) - Oil prices dipped on Thursday but Brent crude remained above…

September 10, 2026

AI boom poses new financial stability risks, BIS head says

LONDON, Sept 10 (Reuters) - AI's rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo…

September 10, 2026

'Welcome to Foldables': Samsung braces for Apple's foldable iPhone challenge

By Hyunjoo Jin SEOUL, Sept 10 (Reuters) - Samsung launched a publicity campaign for its foldable phones, touting its hardware…

September 10, 2026

DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports

Sept 9 (Reuters) - The U.S. Justice Department is investigating whether Nvidia structured its licensing deal with AI chip startup…

September 10, 2026