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CUTTING JOBS IN GERMANY
Half of Volkswagen's job cuts will be in Germany, supervisory board member saysVolkswagen could cut around 25,000 jobs in Germany as part of its planned 50,000 global workforce reduction, Lower Saxony Premier Olaf Lies...
Global Market: European shares edge lower as investors await US jobs dataEuropean shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...
Tech pilgrims flock to China as global innovation race heats upInvestors and entrepreneurs are paying thousands of dollars for rare access to Chinese factories, seeking a front-row seat to what many bel...
From TCS to Microsoft, techie details 6 things different from the Indian company that surprised himSailesh Gurung has described how his move from TCS to Microsoft changed his view of corporate life. In an Instagram post, he compared hiera...
School assembly news headlines, August 27: National, international, business, sports and education headlines for studentsSchool assembly news headlines, August 27: Floods in Nepal have caused fatalities and missing persons, prompting humanitarian aid from Indi...
Volkswagen chief warns company's situation 'more than critical'Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...
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...
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
Landing your first job is getting more expensive in the UKArtificial intelligence is making it harder for young people in Britain to secure their first jobs as employers reduce junior roles and dem...
Quote of the Day by Herta Müller: 'To combat death you don't need much of a life, just one that isn't...' - Why your life doesn't need to e perfect to be worth savingNobel laureate Herta Müller offers a perspective on resilience and survival. She suggests that life's continuation needs only a single brea...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
Volkswagen rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
Gold heads for weekly drop as Gulf attacks reinforce rate-hike betsGold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal...
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
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...