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Business · Trending

Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home

VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVs Audi has said it will spend $4bn (£3bn) to build its first factory in the US, as its parent company, Volkswagen, struggles with the impact of steep tariffs…

1 sourceThe Guardian · 22h ago

Business · Trending

Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

“Since this weekend, our teams have taken immediate action to identify and remove listings linked to the looting,” secondhand marketplace Vinted said.

1 sourceFortune · 3d ago

Business · Trending

Saudi Arabia wants to send 10 million barrels of oil a day around Hormuz. A former Treasury official says it may barely move prices

Aramco CEO Amin Nasser says the East-West pipeline will grow by 3 million barrels a day, but the expansion will take two to three years, and the line has been hit by drones repeatedly this year.

1 sourceFortune · 3d ago

Business · Trending

Earnings limit of up to £140K for first-time buyers loan scheme

The Your First Home scheme will offer government-backed loans for those buying new-builds in England.

1 sourceBBC News · 3d ago

Business · Trending

Netflix lays off 6% of workforce amidst slowing growth

Netflix is regrouping after the release of its latest quarterly earnings this week. Revenue growth at the streaming giant has slowed as the company works to overhaul its programming unit.

1 source▲ PositiveNPR · 23h ago

Business · Trending

Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO

Wonder is leaning into automation and user-built restaurants as founder Marc Lore prepares the startup for a potential IPO.

1 sourceCNBC · 1d ago

How they fumbled the cola wars: Pepsi generates twice the revenue of Coca-Cola, yet its market cap is only half as big

Top Stories

Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home

Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

Saudi Arabia wants to send 10 million barrels of oil a day around Hormuz. A former Treasury official says it may barely move prices

Earnings limit of up to £140K for first-time buyers loan scheme

Netflix lays off 6% of workforce amidst slowing growth

Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO

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