Volkswagen has agreed to sell its manufacturing plant in Osnabrück to the Israeli investment firm Aurelius Capital and the German state of Lower Saxony. The new owners plan to repurpose the facility for the production of defense equipment.
A former executive of the Belgian chip manufacturer Belgan has been detained on suspicion of espionage. He is accused of leaking trade secrets to a Chinese company where he was also employed.
Rising national debt levels and persistent inflation are driving up interest rates as investors demand higher risk premiums on bonds. This trend, exacerbated by heavy investment in artificial intelligence, is expected to lead to increased costs for consumer mortgages and business loans.
Dutch company PAL-V has received approval from the European Union Aviation Safety Agency (EASA) to begin production of its flying car. The company aims to have the vehicle fully certified and operational for flight by 2028.
Businesses are increasingly choosing air freight over shipping to transport goods globally due to the impact of wars and the rise of artificial intelligence. Although air transport is significantly more expensive, companies are prioritizing speed to mitigate supply chain disruptions.
Stichting Massaschade & Consument has filed a lawsuit against Snapchat, alleging that the platform's design is addictive and poses safety risks to children. The foundation claims the app encourages frequent use and fails to protect minors from predatory behavior, demanding that the company implement stricter safety measures.
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