Browsing: Germany
Ikea pledges €6 million to former prisoners of communist East Germany who were forced to build flat-pack furniture during the Cold War
Ikea agreed to pay millions to former prisoners who worked at German factories between 1960 and 1990. The Swedish company…
Germany’s lost decade: How the Fortune 500 Europe giant is flirting with long-term irrelevance
There is an elephant in the room of the 2024 edition of the Fortune 500 Europe. It’s not a crisis-riddled…
Wall Street has already priced in a Trump victory—just look at European stocks and the inflation market
In campaign field offices across the country, the Presidential Election is very much neck-and-neck, yet on Wall Street it’s a…
Tesla Inc. surpassed Wall Street estimates for earnings in the third quarter and projected a slight increase in deliveries for…
In the run up to Cop 29 the Labour government is pressing on with its commitment to decarbonising the U.K.’s…
German government slashes economic growth forecast, warning ‘structural problems’ will remain until 2025
The German government slashed its 2024 forecast Wednesday for Europe’s largest economy, saying it will contract for a second straight…
The EU has voted in favor of massive tariffs on Chinese EVs. Here’s what it means for Europe’s carmakers
EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite…
German Tesla managers are visiting the homes of sick workers to ‘appeal to the employees’ work ethic,’ factory boss says
Managers at Tesla’s Grünheide factory in Germany are visiting the homes of workers on sick leave—but don’t expect them to…
“Management perceived a consumer under significant pressure, with spending falling due to the impact of higher interest rates and inflation,”…
The German economy is “stuck in stagnation” as months of bad news create seemingly endless negative sentiment that is compounding…