Latest

Musk's $1 trillion pay package to face Tesla shareholder vote
Musk's $1 trillion pay package to face Tesla shareholder vote
Economy
by  AFP

Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to achieve technological breakthroughs he vows will change the world. The outcome of the vote will be announced at the annual shareholder meeting at Tesla's factory in Austin, Texas, on Thursday.

German steel industry girds for uncertain future
German steel industry girds for uncertain future
Economy
by  AFP

Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in deep crisis for several years. Problems worsened for the power-hungry sector when Russia's 2022 invasion of Ukraine sent energy costs surging.

Budget impasse threatens Belgium's ruling coalition
Budget impasse threatens Belgium's ruling coalition
Economy
by  AFP

Belgium's fragile governing coalition could be staring at collapse as Prime Minister Bart De Wever threatens to resign unless it approves a cost-cutting budget Thursday. He is calling for a series of "historic" reforms to liberalise Belgium's labour market, curb high unemployment benefits and cut back on pension costs.