Tuesday , 16 December 2025

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Apple to cut small number of jobs in corporate retail teams

BLOOMBERG Apple Inc is eliminating a small number of roles within its corporate retail teams, according to people with knowledge of the matter, marking its first known internal job cuts since it embarked on a belt-tightening effort last year. The company is shedding positions in what it calls its development and preservation teams, said the people, who asked not to …

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Tesla record lifts Norway’s EV sales share to all-time high

BLOOMBERG Norwegians registered a higher share of electric cars in March than ever before, helped by a new monthly record in the Nordic country for Tesla Inc’s Model Y. Almost 87% of the 19,366 cars sold in March were electric, the Norwegian Road Federation OFV said. Diesel and gasoline cars accounted for 2.7% of sales during the month, OFV said, …

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Geely says all options open on Volvo stake

BLOOMBERG Volvo AB’s second-largest shareholder Geely said while it’s not currently planning any changes to its position, “anything is possible” in future. Zhejiang Geely Holding Group Co, controlled by Chinese billionaire Li Shufu, is in “good dialog” with Volvo, Hans Oscarsson, the head of Geely’s Sweden branch, said in emailed comments ahead of the world’s second-biggest truckmaker’s annual general meeting. …

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