Cycling industry told to survive until 2025, while cycle market report says surplus problems “may be resolved” next year

Bike industry told to “survive until 2025” as cycling market report says overstock issues “might be resolved” next year

A new report from trade body Confederation of the European Bicycle Industry (CONEBI) shows that the excess inventory problems that have plagued the cycling industry in recent years could be resolved by 2025. The report, published by CONEBI – an umbrella organization representing national cycling industry associations across Europe – in time for the Eurobike … Read more

A minimum tax on billionaires could raise up to $250 billion a year, report says

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A global minimum tax on billionaires raising up to $250 billion annually is “technically feasible” and could be successfully enforced even if it were not adopted by every country, a report commissioned by the G20 … Read more

Apple’s efforts to automate iPhone assembly detailed in new report

The information reported today that shortly after COVID-19-related lockdowns and protests in China impacted iPhone assembler Foxconn in late 2022, Apple’s senior vice president of Operations Sabih Khan instructed managers to cut the number of workers on iPhone assembly lines by as much as 50% reduce compared to 2022. in subsequent years. To achieve this … Read more

ECB publishes first progress report on the preparation phase of the digital euro

June 24, 2024 ECB designs high privacy standards to make online and offline digital payments as close as possible to cash transactions The ECB has started designing a methodology for calibrating digital euro holding limits The ECB continues to provide technical input to legislative discussions with European co-legislators The European Central Bank (ECB) today published … Read more

Brief Alienware Pro Wireless Mouse Test Report – IGN

Alienware’s first pro-level mouse may not be flashy, but it’s packed with features under the hood aimed at giving you an advantage in just about any competitive game. Alienware focused on creating a mouse designed specifically for professionals, but is also excellent for those who want to take their competitive game to the next level … Read more

MARKET REPORT: Turbo Tufan starts Rolls-Royce

Rolls-Royce shares hit a record high, pushing its value above £40 billion for the first time. In another bullish session for the tech giant, Goldman Sachs analysts raised their price target for the share from 524p to 545p. The upgrade saw Rolls-Royce shares rise 2.8 percent (or 13 cents) to 485.5 cents, valuing its value … Read more

Energy emissions reached record levels due to rising demand for fossil fuels, the report said

Stay informed with free updates Simply log in to the Energy sector myFT Digest – delivered straight to your inbox. Greenhouse gas emissions from energy reached a record high last year as demand for fossil fuels rose despite a surge in renewable energy, according to a report highlighting the need to accelerate the green transition. … Read more

This latest Galaxy S25 camera report may come as a disappointment, but don’t despair just yet

As excited as you were to hear about the Galaxy S25 Ultra’s potentially massive camera improvements last month, we’re afraid the latest rumor about the lowliest member of Samsung’s next (non-folding) high-end handset family will seriously curb your excitement. . Yes, it looks like the “base” Galaxy S25 will continue to have a primary basic … Read more

Rocket report: the spaceship is on the clock; Virgin Galactic at a crossroads

Enlarge / The fairing for the first test flight of Europe’s Ariane 6 rocket has been placed around the small group of satellites that will carry it into orbit. Welcome to edition 6.48 of the Rocket Report! Fresh off last week’s dramatic test flight of SpaceX’s Starship, teams in Texas are wasting no time preparing … Read more

Musk had relationships with several women at SpaceX, the report found

The latest headlines from our US reporters sent straight to your inbox every weekday Your briefing on the latest headlines from around the US Years ago, SpaceX founder Elon Musk allegedly exposed himself to a SpaceX flight attendant before offering her a strange quid pro quo: he would give her a horse if she would … Read more