Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3 bn from earnings
Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recove...
Russian drone strikes and shelling have impacted multiple regions in Ukraine, causing injuries and damage to residential areas and infrastructure.
The Ukrainian Air Force reported that Russian forces launched 108 Shahed drones and other decoy drones across the country during the night of May 11. By morning, Ukrainian defenses had intercepted 60 drones, while 41 decoy drones were rendered ineffective.
In the Kyiv region, drone strikes caused injuries to one individual and damaged private homes in the Brovary and Obukhiv districts. In the Kharkiv and Donetsk regions, seven civilians, including elderly residents, were injured during attacks that also affected homes and infrastructure.
In the Zaporizhzhia region, airstrikes targeted frontline communities, including the village of Pavlivka, where residential areas were damaged, and two civilians were injured. Shelling in the Kherson region resulted in one fatality and three injuries, with additional damage to local structures.
Ukraine’s State Emergency Service reported over 150 incidents related to strikes on settlements and infrastructure within the past day, highlighting the ongoing challenges faced by affected communities.
Meanwhile, Russian officials in the Kursk and Belgorod regions reported drone and artillery impacts, citing injuries and property damage.
The Russian Ministry of Defence stated that military operations resumed after a temporary ceasefire during Victory Day commemorations, marking a continuation of hostilities.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
U.S. Secretary of State Marco Rubio on Friday praised Pakistan's role in promoting regional stability and discussed deeper cooperation on counterterrorism, trade, and critical minerals during a meeting in Washington with Deputy Prime Minister Ishaq Dar.
President Volodymyr Zelenskyy said on Friday that Ukrainian forces are engaged in intense battles near the eastern city of Pokrovsk, a critical logistics center where Russian forces have been steadily advancing and claiming new territory almost daily.
Cambodia has called for an immediate and unconditional ceasefire with Thailand as border clashes between the two Southeast Asian neighbors escalated for a second consecutive day, AFP reports.
Trump rejected Macron’s plan to recognize a Palestinian state at the UN.
U.S. President Donald Trump announced on Friday his support for maintaining the restrictions on U.S. and Russian strategic nuclear weapons outlined in the 2010 New START treaty, which is set to expire in February
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