Amazon workers at multiple US facilities have gone on strike, demanding fair pay and benefits, as the retailer faces mounting pressure during the final days of the holiday shopping season.
UniCredit has raised its stake in Germany's Commerzbank to 28 percent through new derivative contracts, the Italian bank announced on Wednesday, December 18. This move comes as UniCredit faces challenges in its bid for Italian rival Banco BPM.
Honda and Nissan are exploring deeper collaboration, including a potential merger, to address growing competition from Tesla and Chinese EV makers. The move could create the world's third-largest automaker, reshaping Japan's automotive industry.
TikTok urges the US Supreme Court to block a looming ban, arguing the law violates free speech, as ByteDance faces a 19 January deadline to divest the app or face shutdown.
Boeing to cut 396 jobs in Washington by February as part of a 10% workforce reduction, following cost-cutting measures after a factory workers' strike in September.
Google's new Willow chip marks a breakthrough in quantum computing, solving problems in minutes that would take classical computers billions of years, with advanced error correction paving the way for practical applications in medicine, AI, and beyond.
Volkswagen faces intensified strikes at German plants as workers protest wage cuts and closures amid union talks. With trust eroded, unions demand concessions, warning of longer strikes, while VW cites cost-cutting as essential to compete with cheaper Asian rivals.
Chinese automakers are boosting hybrid exports to Europe, bypassing EV tariffs and offering affordable models to meet rising demand amid growing competition in the market.
Nissan CEO Makoto Uchida faces mounting pressure to revive the automaker after missed hybrid opportunities and falling sales in key markets. Major cuts and restructuring plans are underway.
Volkswagen workers in Germany will stage warning strikes over layoffs, wage cuts, and plant closures as talks with labour union IG Metall fail to reach a resolution.
Black Friday sees muted U.S. in-store sales, up just 0.7%, while online spending surges 14.6%. Shoppers favor convenience and discounts online, benefiting giants like Amazon and Walmart.
Gautam Adani denies $265M bribery claims, vows resilience. Allegations spark global fallout as Adani Group faces halted investments, political clashes, and a state power deal review.
ChatGPT celebrates its second anniversary, revolutionising industries and reshaping how AI integrates into daily life. With 180M+ active users, it's a global phenomenon driving innovation across sectors.
Adani Group strongly denies U.S. allegations of a $265M bribery scheme involving key executives. Despite political and financial fallout, the group asserts its growth plans remain unaffected, while legal responses to the charges are being prepared.
Toyota’s global output fell for the ninth month in a row in October, primarily due to lower production in the U.S. and China. However, the automaker saw a 1.4% rise in global sales, reaching a record 903,103 vehicles for the month.
The U.S. FTC has opened a broad antitrust investigation into Microsoft, focusing on cloud computing, licensing practices, and AI products, amid allegations of market abuse.
Temu and Shein's aggressive keyword bidding drives up search ad costs, impacting retailers this Black Friday. Rising "cost per click" pushes businesses to rethink strategies, shifting focus to social media, influencers, and high-value customer engagement.
You can download the AnewZ application from Play Store and the App Store.
