Browsing: Germany
After being overtaken by BYD, Volkswagen meets with doubtful investors to persuade them of turnaround plan
Volkswagen AG faces an uphill battle to convince investors it can turn around its business in China. After being leapfrogged…
Adidas predicts profit boost due to strong demand for the classic Samba – whilst continuing to shed Yeezy stock
Adidas AG raised its profit target for the year amid strong demand for classic sneakers like the Samba and a…
Lease wars? Volkswagen-backed Xpeng is set to become one of its biggest rivals as it launches in Germany—and it’s betting on a rising appetite for leasing to win over EV-skeptics
After Xpeng’s CEO warned of an industry “bloodbath” sparked by a vicious price war, the Chinese carmaker is prepared to…
Canopy Growth shares—predicted to hit zero last year—surge as Germany decriminalizes cannabis
Last summer, the survival of Canopy Growth was in doubt. This week, the Canadian cannabis company watched its stock rise…
Remote work jobs are disappearing—but they’re becoming a talent gold mine for employers still offering them
It’s becoming increasingly rare to find a manager still preaching the benefits of fully remote work four years out from…
Bundesbank president hits back at recession-plagued Germany’s ‘sick man of Europe’ title: ‘I’m more worried that Europe is getting sick’
Germany has become a rare punching back for the rest of Europe, as crippling production levels, falling exports, and waning…
German manufacturer Audi unveils its new EV model amidst wider electric vehicle market cooldown
Audi has unveiled its delayed Q6 e-tron, seeking to restore momentum to the struggling brand with a luxury mid-size SUV…
Germany ‘on course, for the first time’ to slash emissions 65% by 2030, vice chancellor says
Germany’s greenhouse gas emissions dropped by one-tenth last year as renewable energy grew in importance, the use of coal and…
Lufthansa hits turbulence: New cabin crew strike adds to woes of Germany’s flag carrier as ground staff walkout hits profits
Lufthansa is facing strikes wherever it looks—whether that’s down on the ground, or inside its planes. Over 120,000 Lufthansa passengers…
Why a major Wall Street bank is accused of inventing a fake job title and telling its new ‘head of loan trading’ in Germany never to use it
A banker on a €375,000 ($404,000) salary plus bonus was allegedly given a job title for a job he didn’t…