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EUROPEAN MANUFACTURING COSTS
Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...- Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
- China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- TCS to acquire Porsche IT unit MHP for €320 millionTata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition i...
- Health Ministry announces medical device regulatory reforms for ease of doing businessThe Ministry of Health has introduced new regulations for medical devices. These reforms simplify requirements and enhance transparency for...
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- Earlier this year, 1,124 wind-turbine blades were sitting in a Wyoming landfill. Now, a Missouri cement plant has given 7,000 more a second life, offering a different ending for retired renewable-energy equipmentWyoming buried 1,124 wind turbine blades. Now, a Missouri cement plant is giving more than 7,000 retired blades a second life. The contrast...
- Euro zone business activity growth hits highest since November: PMIEuro zone business activity grew fastest this year in August. Stronger new orders, particularly in manufacturing, boosted this growth. Expo...
- Volkswagen Cars eyes mass growth in India with compact SUVVolkswagen plans to enter India’s sub-four-metre SUV segment next year with a compact SUV, aiming to expand beyond its limited portfolio an...
- Global Market: European blue-chip earnings outlook improves as recovery broadensEuropean blue-chip earnings expectations improved for a ninth consecutive week, with profit growth forecasts for STOXX 600 companies rising...
- Lord's Mark Industries outlines strategic expansion across global healthcare, advanced diagnostics & oncology; targets ₹1,550 Crore revenue in FY2027In a strategic shift, Lord's Mark Industries is set to launch an extensive healthcare expansion alongside a business demerger. This initiat...
- California tightens tire rules: New standards could save drivers money but eliminate many tiresThe California regulatory board has officially sanctioned fresh guidelines aimed at enhancing replacement tire energy efficiency. Stricter ...
- War-driven windfall gains for chemical makers likely to fade in Q2, demand remains key risk: Kotak Institutional EquitiesProfit gains made by several Indian chemical companies in the first quarter due to higher prices are likely to weaken in the second quarter...
- Textile stocks in 2026: Trade deals and China sourcing shift revive the sector; is it a good time to buy?Trade deals and sourcing shift from China are reviving the sector that investors had written off. India is well placed to benefit from the ...
- Bengaluru-based chip company Level Five Cartronics seeks OSAT partners in IndiaThe company has held discussions with Indian OSAT companies including CG Semi, and Kaynes Semicon in Sanand, and Suchi Semicon in Surat, as...
- As Opel turns to Chinese partners, its hometown frets about the futureStruggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
- Europe's heatwaves expose insurance gap as business losses mountEuropean businesses face significant losses from extreme heatwaves. Traditional insurance often fails to cover these indirect operational d...
- FTAs to drive 30-40% growth in India’s textile exports to UK, EU over next 15 months: DMA’s Sharad JaipuriaIndia's textile exports to the UK and EU are on the verge of expansion in the next fifteen months, driven by new FTAs that level the playin...
- Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
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