Samsung Electronics (KRX:005930) joined the European Union's Code of Conduct for Energy Smart Appliances, which is a voluntary agreement program promoting energy-efficient smart devices, the technology firm said Thursday.
The initiative, led by the European Commission's research arm, aims to improve energy management by combining appliances with power systems, the release said.
Shares of Samsung Electronics rose more than 4% in recent trade.
Xero (ASX:XRO) has launched "XeroForce", an invite-only artificial intelligence (AI) tool that lets small businesses and accountants build natural-language automation agents to streamline accounting workflows, connect third-party applications, and improve compliance without coding, according to a Thursday statement.The agent is designed as an orchestration layer for accounting tasks such as month-end close, reporting, tax document management, purchase order validation, and payroll approvals, incorporating domain-specific accounting logic to ensure compliance and reliability.The tool also supports always-on agents that operate across time-based events, provides full audit trails for traceability, and enables accountants to run bulk workflows across multiple clients.The company's shares fell 6% in recent Thursday trade.
XPeng (HKG:9868) is talking with Volkswagen and other carmakers for the possible purchase of a production facility in Europe, the Financial Times reported Wednesday."We are ... discussing with (Volkswagen) to see if there is any possibility we can find a location here in Europe," XPeng's Managing Director for Northeastern Europe, Elvis Cheng, said during the newspaper's Future of the Car summit on Wednesday.Xpeng's plan comes days after the German carmaker's CEO, Oliver Blume, said Volkswagen could bring its China-developed cars to Europe or even share factory capacity in Europe with Chinese partners, Reuters reported separately.Volkswagen purchased a 4.99% stake in Xpeng at the end of 2023.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Flight Centre Travel Group's (ASX:FLT) shareholders approved the divestment of the company's stake in Pedal Group, with over 99% of the votes cast at a Thursday general meeting in favor of the sale, according to a same-day Australian bourse filing.The company entered into a binding agreement in April to sell its around 47% shareholding in the Pedal Group cycle joint venture to the Turner Collective for AU$61.7 million.