Month: May 2025

Spain’s antitrust body clears BBVA-Sabadell takeover, awaits government
World

Spain’s antitrust body clears BBVA-Sabadell takeover, awaits government

Signage outside a Banco Bilbao Vizcaya Argentaria SA (BBVA), right, and a Banco Sabadell SA, left, bank branch in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spain’s competition watchdog CNMC approved on Wednesday the proposed acquisition of Banco Sabadell by its larger rival BBVA, though the combined lender will have […]

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This startup turns trash into designer objects — which have been featured in Vogue
World

This startup turns trash into designer objects — which have been featured in Vogue

Müll.Club’s rings are made from household plastics such black containers and gold lids, which make for a marbled effect. Müll.Club Fine art graduate Charlie Rudkin-Wilson’s homewares have been featured in the likes of Vogue magazine and her partners include luxury retailer Fortnum & Mason. But her coasters, rings and soap dishes aren’t made from precious […]

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Auto giants ditch financial guidance as industry reels from Trump tariff chaos
World

Auto giants ditch financial guidance as industry reels from Trump tariff chaos

New vehicles displayed for sale at a General Motors Co. Chevrolet dealership in Miami, Florida, US, on Saturday, April 5, 2025. Bloomberg | Bloomberg | Getty Images European auto giants reported a sharp drop in first-quarter profit, and many suspended or cut full-year financial guidance, partially attributing the industry pain to U.S. President Donald Trump’s […]

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Microsoft passes its first test on U.S. tariffs with limited product exposure
Technology

Microsoft passes its first test on U.S. tariffs with limited product exposure

Microsoft CEO Satya Nadella speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft Corp., determined to hold its ground in artificial intelligence, will soon let consumers tailor the Copilot digital assistant to their own needs. David Ryder | Bloomberg | Getty Images […]

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Ford kills project to develop Tesla-like electronic brain
World

Ford kills project to develop Tesla-like electronic brain

Ford Motor has killed a program to develop next-generation electrical architecture – the brain of modern cars – that its executives have called pivotal to competing with electric-vehicle pioneers such as Tesla, three sources familiar with the matter told Reuters. Ford had invested heavily in the system, known internally as FNV4 (for fully-networked vehicle), to streamline vehicle-software functions. […]

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