Ford cuts EV plans as demand falls and policy shifts take effect
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from ...
The EU is moving to simplify and unify its space policy with a landmark proposal—the EU Space Act aimed at boosting Europe’s competitiveness in the global space economy and establishing a single, streamlined market for space services.
The EU has unveiled a proposed Space Act to replace fragmented national rules with a single market for space services. The bill would introduce one EU-wide launch license, cut red tape for satellites and downstream businesses, and offer support to small and medium-sized firms. Brussels hopes this will raise Europe’s modest share of the global space economy—now just 11 % of public spending and about €1 billion in private investment—so it can better compete with the US and China.
The act also calls for stronger cyber- and radio-frequency protections as tens of thousands of new satellites and vast debris enter orbit. MEP Christophe Grudler welcomed the plan, saying it signals Europe’s intent to rival launch providers such as SpaceX and expand the EU’s broader space ambitions.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 14 people have died and 32 others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
China’s core artificial intelligence (AI) industry is projected to surpass 1.2 trillion yuan in 2025 (about $170 billion), up from more than 900 billion yuan in 2024, according to a new industry assessment.
Time Magazine has chosen the creators behind artificial intelligence as its 2025 Person of the Year, highlighting the technology’s sweeping impact on global business, politics and daily life.
Children are forming new patterns of trust and attachment with artificial intelligence (AI) companions, entering a world where digital partners shape their play, their confidence and the conversations they no longer share with adults.
The International Robot Exhibition (IREX) opened in Tokyo on 3 December, bringing together visitors to explore robotics applications for industry, healthcare, logistics, and everyday life.
A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, introduced the SAFE CHIPS Act on Thursday, aiming to prevent the Trump administration from easing restrictions on China’s access to advanced artificial intelligence (AI) chips for a period of 2.5 years.
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