German factory activity stalls
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German Interior Minister Michael Stuebgen says that it is "a perfidious attack on our electricity infrastructure".
Arsonists calling themselves the Volcano Group left Tesla’s German factory without electricity on Tuesday, leading to damages the company claims could approach $1 billion. More than 60,000 residents in Brandenburg and even parts of Berlin were also ...
Elon Musk’s Tesla will invest $250 million into its German factory to increase production of battery cells for electric vehicles, moving to boost output in Europe as its sales in the region regain strength.
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German factory orders surge 5% as DAX hits record
Unexpected manufacturing boost: German industrial orders rose 5% in March, well above the 1% forecast, with strong gains in both domestic and Eurozone demand. Stock market reaction: The DAX index climbed 2.2% in one session to close at record highs ...
The German auto giant risks a confrontation with its powerful works council as it contemplates a massive ramp-up in cost reductions that would significantly affect its headcount. Volkswagen is struggling with a slow EV transition and falling consumer ...
It was a relatively quiet start to the European session. The German economy was in the spotlight, with factory orders in focus. German factory orders unexpectedly rose by 1.00% in January versus a forecasted 0.9% decline. In December, factory orders jumped ...
Add Yahoo as a preferred source to see more of our stories on Google. A giant image of Elon Musk doing an apparent Nazi salute was projected alongside the word ‘heil’ on to Tesla’s Berlin factory - Instagram @ledbydonkeys Left-wing activists have ...
In this episode on Tekniq, as we follow the production of Class tractors in their modern German factory in Harsewinkel.
The weakening demand for German goods will unlikely influence the ECB monetary policy decisions. The manufacturing sector contributes less than 30% to the German economy. Wage growth trends, service sector activity, and inflation remain the focal points.
China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.