The situation at Volkswagen seems to be very serious. The head of the brand, Thomas Schäfer, repeatedly chooses harsh words in his speeches to employees, with which he draws attention to the financial problems of one of the most popular German brands. The problem is mainly electric cars, at least those with the VW logo … Read more
The governor of the Bank of France and member of the ECB board, Francois Villeroy de Galhau, believes that the European Central Bank has concluded its bullish cycle. “Today I think there is no reason for a further rate hike,” he said in an interview with Handelsblatt. “There’s a lot of debate about peaking rates: … Read more
The war in Ukraine and the suspension of Russian gas. The first effects of climate change and the late effects of the pandemic. The pressure of migration and now rising interest costs: probably never before has Europe been hit by so many crises at once. Europe is gripped by multiple crises, but the EU’s capacity … Read more
Volkswagen is taking action against the possible export of the company’s cars from China to Russia, informed German newspaper Handelsblatt, citing a VW representative. A source in corporate circles noted that China and Russia have very close economic ties, including in the automotive business. According to him, “trade routes have been established between the countries”, … Read more
wWhen a delivery assistance becomes a actual estate agent, it grabs awareness. The tremendous-quick food supply company Flink is presently marketing 40 retailers across Germany to save above € 210,000 on regular rental expenditures. The warehouses have been basically intended for commence-up expansion, but it is currently pending. The existing financial circumstance is way too … Read more
Deal internal shipment Shallow water on the Rhine threatens gasoline supplies in the southwest – – Stand: 08.08.2022 | Reading time: 3 minutes – – – – The extreme heat is over – drought and risk of forest fires remain – – Europe has been suffering from widespread drought for several years, but this year … Read more
– – Bosphorus PHOTO: ARCHIVE – More than 20 million tons of grain are in Ukraine because Russia is blocking Ukrainian ports in the Black Sea, writes the authoritative economic newspaper Handelsblatt. British Foreign Secretary Liz Truss has accused Russian President Vladimir Putin of blackmailing the world through port blockades. Ukraine’s Black Sea ports have … Read more
Back on Monday, it looked like a big subsidy revolution would take place in Germany. But then the Federal Minister of Transport, Volker Wissing, received unusually harsh criticism from his coalition partners. And he canceled the intended massive financial support for the purchase of electric cars. Handelsblatt diary at the beginning of the week brought … Read more
The head of Tesla is to open the German Gigafactory next Tuesday, March 22, 2022. On this occasion, the carmaker will hand over its first “made in Germany” cars to its customers. The German magazine Handelsblatt and the local agency DPA inform about it. Musk himself originally expected Tesla to start his European plant in … Read more
Live Vitaly Klitschko “We are prepared for the worst in Ukraine, the world must help us now” – Status: 03:08 a.m | Reading time: 3 minutes – – – – Federal Foreign Office calls on all Germans to leave Ukraine – – Against the background of the escalating conflict with Russia, Germans are supposed to … Read more