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GERMAN FACTORIES
School assembly news headlines for June 29: Top national, international, business, sports update and thought of the dayPrime Minister Modi's historic Seychelles address highlighted maritime bonds, while India and the island nation inked 19 cooperation outcom...- Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- A symphony of spice and sound: Louisiana’s “Year of Outdoors” theme offers local musical treasure trove and culinary experiencesLouisiana offers a soulful escape, weaving together waterways, music, and cuisine. From New Orleans' vibrant neighborhoods to the Atchafala...
- A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...
- Porsche CEO aims to finalise new cost-cutting package by JulyPorsche's CEO anticipates a swift resolution to cost-cutting talks, aiming for employee agreement before July holidays to provide clarity. ...
- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- In 1987, the world swapped ozone-destroying CFCs for safer refrigerants; nearly 40 years later, scientists found the switch had been quietly raining a forever chemical across the planetChemicals meant to protect the planet are now causing a new issue. Replacements for ozone-damaging CFCs are forming a stubborn chemical, TF...
- Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
- Russia repels drone attack over Leningrad region as economic forum kicks offRussia intercepted 50 drones over Leningrad region overnight. This comes as President Putin's economic forum, the 'Russian Davos', starts i...
- Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
- Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
- AI takes the wheel for smarter factory floorsManufacturers are repurposing AI as a tool for faster execution in a twist to the industrial AI playbook.
- Manufacturers look beyond cost cutting to drive AI adoptionA survey found meeting customer expectations (49%) and boosting operational efficiency (47%) were the primary forces driving AI adoption am...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Nvidia's Jensen Huang says AI will transform these traditionally low-paying jobs in the US into six-figure careers, rings alarm bells for techiesNvidia CEO Jensen Huang predicts a massive job boom for electricians, plumbers, and builders, driven by the AI revolution. He stated that t...
- Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
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