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Volkswagen posts 15% fall in annual profit amid restructuring, expects revenue to rise in 2025 newsthirst.

The new Volkswagen ID. EVERY1 is displayed during the presentation during the presentation of the Volkswagen ID. EVERY1 on March 5, 2025 in Dusseldorf, Germany. Andreas Rentz | Getty Images German autos giant Volkswagen reported a 15% year-on-year drop in annual operating profit on Tuesday, citing increasing costs and “extraordinary expenses” associated with its restructuring…

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Concern raised in court about Kate McClymont’s role as reporter after she is named witness in case | Alan Jones newsthirst.

Alan Jones’s lawyer has told the court he is concerned about an “anti-Jones crusade” arising from Sydney Morning Herald journalist Kate McClymont’s dual role as a reporter of his client’s case and as a witness. Jones has been charged with 35 historical sexual assault offences allegedly committed in various places in New South Wales, including…

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Digital physical therapy startup Hinge Health files for IPO newsthirst.

Hinge Health’s Enso product. Courtesy: Hinge Health Hinge Health, a provider of digital physical therapy services, filed to go public on Monday, the latest sign that the IPO market is starting to crack open. Hinge Health uses software to help patients treat musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. The company’s revenue last…

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Australian share prices plummet $45bn after Trump recession fears tank US market | Donald Trump newsthirst.

The Australian share market has plummeted, shedding more than $45bn after US markets tanked overnight on recession fears. The benchmark S&P/ASX200 dropped more than 140 points, or about 1.79%, to 7820.1 after jumping off a cliff at the start of Tuesday’s session. The broader All Ordinaries index was down about 1.9%, or 156.4 points, to…

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Mainland Chinese investors snap up a record amount of Hong Kong stocks newsthirst.

Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images BEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs. Net…

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