Mystery parcel fires were ‘test runs’ to target cargo flights to US, says Poland newsthirst.

Getty Images Germany’s domestic intelligence says it was a stroke of fortune that a device in Leipzig had not ignited in mid-air (file pic) A series of parcel fires targeting courier companies in Poland, Germany and the UK were dry runs aimed at sabotaging flights to the US and Canada, Polish prosecutors say. Katarzyna Calow-Jaszewska…

Read More

As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go ‘too far’ newsthirst.

Workers producing pure electric vehicles at a Volkswagen (Anhui) workshop in Hefei, China, on Sept. 25, 2024. Cfoto | Future Publishing | Getty Images Beijing will avoid escalation of its dispute with the European Union over tariffs on its electric vehicles, industry watchers said, a day after China again approached the World Trade Organization for…

Read More

Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend newsthirst.

Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. The company reported net income of $27.56 billion in…

Read More

Deeproute claims ‘deep cooperation’ with Nvidia on driver assist newsthirst.

A car with autonomous driving system by Alibaba-backed DeepRoute.ai, drives on a street in Shenzhen, Guangdong province, China July 27, 2022.  David Kirton | Reuters BEIJING — Deeproute.ai, a Chinese startup developing autonomous driving systems, announced a $100 million funding round Tuesday from an undisclosed automaker, while emphasizing close ties with chipmaker Nvidia. Pitchbook data…

Read More