Volkswagen's top investor, Porsche SE, urged the company to take urgent action as it faces a profit slump and rising competition from Chinese carmakers. Volkswagen confirmed plans to cut up to 100,000 jobs, double earlier estimates, and reduce excess capacity to improve competitiveness. The controlling Porsche and Piëch families emphasized that swift decisions are critical to avoid losing ground internationally. Volkswagen's CFO highlighted the need to lower costs and increase plant productivity, considering various options including possible plant closures or outsourcing.
In Germany, private individuals can legally trade on Hyperliquid, a platform mainly offering perpetual futures, without committing an offense. However, Hyperliquid is not authorized under the EU's MiCA regulation because it deals in derivatives class...
Golden Sky Minerals reported strong copper-in-soil anomalies at its Rayfield-Gjoll Project in British Columbia, closely associated with intrusive rocks like diorite and monzonite. These findings support a porphyry copper-gold exploration model and hi...
Johnson & Johnson announced positive Phase 2b COPERNICUS study results showing low rates of rash, blood clots, and administration-related reactions with subcutaneous RYBREVANT FASPRO plus LAZCLUZE in treating advanced non-small cell lung cancer with ...
Oil prices and 10-year Treasury yields are moving in near lockstep, with their correlation reaching 0.96—the highest since 2019. This tight relationship is driven by rising oil prices due to Middle East tensions, pushing inflation expectations and Tr...
Rose's Income Garden (RIG) portfolio, consisting of 72 holdings across all 11 GISC sectors plus a personal preferred shares sector, achieved a 12.07% year-to-date gain and offers a 5.76% forward yield as of August 2026. Key income-focused investments...
