BLOOMBERG Two of Europe’s most venerable names in the car industry, Porsche and Ferrari, are surfacing in an European Union (EU) debate about a plan to kill the combustion engine — and they’re changing the conversation. The luxury sports-car makers are seeking a carve-out for synthetic electro-fuels, or e-fuels, from the EU’s planned 2035 ban on new internal combustion engine ...

BLOOMBERG Apple Inc partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production, underscoring an accelerating shift of manufacturing away from Beijing as US-China tensions grow. The Taiwanese company, also known for its flagship unit Hon Hai Precision Industry Co., plans to build the plant to make iPhone parts ...

BLOOMBERG Google’s YouTube will incorporate new generative artificial intelligence (AI) features into its video-sharing platform, as the internet giant hastens to keep up with artificial intelligence rivals such as OpenAI Inc. and Microsoft Corp. — both of which have rolled out their own consumer-friendly products such as AI chatbots and image-creating services. “The power of AI is just beginning to ...