The operating profit of Volkswagen subsidiary Audi plummeted by 91% to 106 million euros in the third quarter. The reasons cited by CFO Jürgen Rittersberger are the 16% drop in sales of the Audi brand to 407,000 cars sold, the "very intense price competition in Europe and China" and, above all, the provisions for the closure of the Audi plant in Brussels amounting to 1.2 billion euros.
Australia has passed a globally unique law that prohibits children under the age of 16 from using social media. The regulation is intended to force platforms such as TikTok and Meta (Facebook, Instagram) to block access for minors, otherwise they will face heavy fines. The law was passed after intense debate and is to apply from 2025. The aim is to protect children from psychological and physical harm caused by excessive use of social media, particularly through problematic content. Reactions are mixed: while some welcome the law, others criticize it as an encroachment on freedom. Experts and tech companies warn of possible negative consequences such as children being moved to more dangerous platforms. Ukrainian energy workers risk their lives to maintain the power supply despite Russian attacks. A DTEK thermal power plant, hit several times, requires constant repairs. The workers see themselves as part of the front line in the war and are fighting to supply millions of people with ene...
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