innovation

Image for GE Vernova to fully own Prolec JV for $5.28 billion in grid supply pushFinance

Ge Vernova to Fully Own Prolec Jv for $5.28 Billion in Grid Supply Push

Image for Germany's Northern Data withdraws 2025 forecastFinance

Germany's Northern Data Withdraws 2025 Forecast

Image for AI assistants make widespread errors about the news, new research showsHeadlines

AI Assistants Make Widespread Errors About the News, New Research Shows

Image for Airbus, Thales and Leonardo near deal on merger of European space businesses, FT reportsHeadlines

Airbus, Thales and Leonardo Near Deal on Merger of European Space Businesses, Ft Reports

Image for Lithuania's capital airport suspends traffic over smugglers' balloons

Lithuania's Capital Airport Suspends Traffic Over Smugglers' Balloons

Date: October 21, 2025

VILNIUS (Reuters) -Lithuania suspended air traffic at Vilnius Airport late on Tuesday due to a presence of smugglers' balloons in its airspace, the country's National Crisis Management Centre said in...

Image for Mercedes-Benz says it has secured short-term supplies amid Nexperia standoff

Mercedes-Benz Says It Has Secured Short-Term Supplies Amid Nexperia Standoff

Date: October 21, 2025

(Reuters) -Mercedes-Benz said on Tuesday the automaker is closely monitoring developments on Dutch chipmaker Nexperia and has secured supplies for the short term. Last month, the Dutch government...

Image for Engaged Capital urges cost cutting at Cognex to boost share price

Engaged Capital Urges Cost Cutting at Cognex to Boost Share Price

Date: October 21, 2025

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Engaged Capital has built a sizable stake in Cognex and is urging the maker of machine vision systems to cut costs and use cost consultants...

Image for L'Oreal flags first China growth in two years but misses sales forecast

L'Oreal Flags First China Growth in Two Years but Misses Sales Forecast

Date: October 21, 2025

By Dominique Patton PARIS (Reuters) -France's L'Oreal, the world's largest cosmetics and beauty player, posted a 4.2% rise in third-quarter sales on Tuesday, in an acceleration from the prior quarter,...

Image for European chipmaker Axelera launches second AI inference chip

European Chipmaker Axelera Launches Second AI Inference Chip

Date: October 21, 2025

AMSTERDAM (Reuters) -Axelera AI, one of the few companies in Europe making specialized computer chips for AI applications, on Tuesday said it will launch its second product line. Like its previous...

Image for Airbus to inaugurate new China assembly line as treads trade tightrope

Airbus to Inaugurate New China Assembly Line as Treads Trade Tightrope

Date: October 21, 2025

By Tim Hepher and Sophie Yu PARIS/BEIJING (Reuters) -Airbus is poised to open a second assembly line in China with limited fanfare this week, days after securing an extra foothold in the United States...