Main plant in Rüsselsheim: Opel hires hundreds of temporary workers

At the carmaker Opel, the workforce has become thin after heavy job cuts. At the Rüsselsheim headquarters, the Stellantis subsidiary is looking for several hundred temporary workers to support the production ramp-up of the new compact model Astra. A company spokesman said on Thursday that a mid-three-digit number of positions are to be filled temporarily … Read more

Despite a lack of chips: truck manufacturer Volvo increases profits

The Swedish commercial vehicle manufacturer Volvo increased sales and profits in the past year despite the general lack of chips. In the fourth quarter, however, increased material costs and problems in the supply chain sapped profits, as the truck and bus manufacturer announced in Stockholm on Friday. The global supply of semiconductors and other parts … Read more

SAN FRANCISCO – The US financial group Visa continues to earn gl thanks to flourishing credit card payments

VISA INC, US92826C8394 27.01.2022 – 22:39:26 Credit card giant Visa with profit and sales jump. In the three months to the end of December, net income rose 27 percent over the same period last year to $4.0 billion (3.6 billion euros), as Visa announced on Thursday after the US market closed. Revenue increased 24 percent … Read more

MAN: Munich will be the lead plant for e-mobility

The truck manufacturer MAN wants to expand the Munich location into a lead plant for electromobility and thus secure the future of the plant in the long term. “We will invest a three-digit million amount in Munich for the conversion and the planned ramp-up of the production of e-trucks by around the middle of the … Read more

SAN FRANCISCO – The US bank Wells Fargo also had dwindling concerns about bad loans at the end of 2021

Wells Fargo increases profit surprisingly strongly – Less fear for loans. In the fourth quarter, the money house earned 5.75 billion US dollars (around 5.0 billion euros) and thus 86 percent more than a year earlier, as announced on Friday in San Francisco. For the year as a whole, there is a surplus of more … Read more

Economy, trade & finance: Renault is more confident

– Renault had made a record loss of 8 billion euros in the Corona crisis in 2020. The pandemic exacerbated existing home-made problems – de Meo had started to get the French returns back on track. The increasing car prices on the market are accommodating the car manufacturer, de Meo expects further price increases. The … Read more

The Prime Minister: By the end of 2021, cars can be launched to Greece via Rudozem

– – – By the end of 2021 or the beginning of 2022, traffic from cars up to 3.5 tons can be allowed through the new border checkpoint – Rudozem, said the caretaker Prime Minister Stefan Yanev on the border with Greece. The administrative building and the adjacent facilities at the checkpoint itself already have … Read more

Economy, trade & finance: HOCHTIEF IN FOCUS: Corona pandemic leaves its mark

– THAT’S ON AT HOCHTIEF: Domestic business only plays a minor role for Hochtief. Around 94 percent of the Group’s sales of almost 24 billion euros are generated outside of Europe, above all in Australia and the USA. And it actually went well in day-to-day business until the outbreak of the Corona crisis. The fact … Read more

SAN FRANCISCO – Twitter introduces functions for subscription users for the first time.

Twitter launches subscription offer – initially in Australia and Canada. In the future, you will be able to edit finished tweets for 30 seconds, among other things. In addition, they can better organize saved tweets in “bookmark” folders and have their own customer service, as Twitter announced on Thursday. The subscription called Twitter Blue will … Read more

Duty-free Australian lamb plans outraged British farmers

– The Financial Times reported that a bitter dispute was raging within the government. The responsible Environment Minister George Eustice warned on Tuesday on Sky News that a balance was necessary between commercial interests and the desire for free trade. The planned agreements are considered an important step – they would be the first free … Read more