This general view shows a logo of the Belgian Euro Heat Pipes (EHP) company, which specialises in thermal regulation technologies for the space industry, at Nivelles, on the outskirts of Brussels on June 26, 2026. (Photo by VIRGINIE LEFOUR / Belga / AFP via Getty Images) / Belgium OUT

CEO of Belgium's Euro Heat Pipes (EHP) Laurent Barremaecker, which specialises in thermal regulation technologies for the space industry, poses during the inauguration of a new site at Nivelles, on the outskirts of Brussels on June 26, 2026. (Photo by VIRGINIE LEFOUR / Belga / AFP via Getty Images) / Belgium OUT

A man stands near a poster promoting the AI agent from Alibaba at the China International Supply Chain Expo in Beijing on Monday, June 22, 2026. (AP Photo/Ng Han Guan)

(FILES) Cars of the Volkswagen (VW) group are transported by rail on the compound at production site of the German carmaker in Emden, northern Germany, on May 20, 2022. Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported on June 2026. Volkswagen is already planning to cut 50,000 jobs across its brands in Germany by 2030 as it is struggling with high costs, US tariffs and fierce Chinese competition in electric vehicles. Volkswagen would also close plants at Hanover, Zwickau and Emden after production runs of models currently made there end. (Photo by DAVID HECKER / AFP via Getty Images)

(FILES) German carmaker Volkswagen (VW) CEO Oliver Blume (L) and the company's CFO Arno Antlitz leave the podium after an annual news conference to present the company's results at the company's headquarters in Wolfsburg, central Germany, on March 11, 2025. Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported on June 2026. Volkswagen is already planning to cut 50,000 jobs across its brands in Germany by 2030 as it is struggling with high costs, US tariffs and fierce Chinese competition in electric vehicles. (Photo by Ronny HARTMANN / AFP via Getty Images)

(FILES) A new Volkswagen (VW) ID.7 Tourer GTX electric car (L) and a SUVW (Sport Utility VolksWagen) model T-Roc are seen from above at the tower storage facility of German carmaker Volkswagen at the company's headquarters plant in Wolfsburg, central Germany, on November 21, 2025. Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported on June 2026. Volkswagen is already planning to cut 50,000 jobs across its brands in Germany by 2030 as it is struggling with high costs, US tariffs and fierce Chinese competition in electric vehicles. (Photo by Ronny HARTMANN / AFP via Getty Images)

(FILES) A push boat convoy navigates on the water along the power plant at the headquarters of German carmaker Volkswagen (VW) as an illuminated VW logo and towers are seen on the building during sunset in Wolfsburg, central Germany, on November 21, 2025. Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported on June 2026. Volkswagen is already planning to cut 50,000 jobs across its brands in Germany by 2030 as it is struggling with high costs, US tariffs and fierce Chinese competition in electric vehicles. (Photo by Ronny HARTMANN / AFP via Getty Images)

A general view of air conditioning units installed on balconies in the business district of Plateau, in Abidjan on June 24, 2026. Like many African countries Ivory Coast generally experiences high temperatures for nearly eight months of the year, forcing many people to rely on air conditioning for comfort. In Abidjan, a metropolis of more than six million inhabitants with rapid urbanization, air conditioners are ubiquitous in offices, hospitals, and shops. They are part of the landscape in many neighborhoods of this economic capital, where condensers mounted high on building walls hum continuously. (Photo by Issouf SANOGO / AFP via Getty Images)