Tag: Foreign investment
Canadian Prime Minister Trudeau accuses India of murdering citizen
Canada’s Prime Minister Trudeau Canada’s Prime Minister speaks of credible allegations. (Photo: dpa) Ottawa/New Delhi In a high-profile move, Canada’s prime minister accuses the Indian government of murdering a Canadian…
Europcar is coming to the USA from 2024 – but the go-west strategy is tricky
Dusseldorf, New York The car rental company Europcar is planning to expand into the highly competitive US market. As CEO Alain Favey told Handelsblatt, the first Europcar station is scheduled…
China outraged by Baerbock’s statement about Xi
Berlin Annalena Baerbock China reacted to the German Foreign Minister’s statements. (Photo: via REUTERS) Beijing has complained about critical statements made by German Foreign Minister Annalena Baerbock about state and…
Discounter gets a new head of Germany
Christian Härtnagel The discounter’s previous head of Germany is moving to another position in the group. (Photo: ddp/News Licensing Jack Hill/The) Dusseldorf The discounter Lidl is surprisingly replacing the head…
“32 hours with full wage compensation is unrealistic”
Michael Traub The 54-year-old has led the world market leader for chainsaws Stihl since February 2022. (Photo: STIHL AG & Co. KG) Waiblingen In the first eight months of the…
VW is preparing to say goodbye to car manufacturing in Dresden
Production of the ID.3 in Dresden Car production at the VW site is up for debate. (Photo: IMAGO/Sylvio Dittrich) Düsseldorf, Berlin The car manufacturer Volkswagen will soon stop vehicle production…
More than a hundred Chinese military aircraft registered off Taiwan
Taiwan registers Chinese military aircraft The strait between China and Taiwan is once again the scene of military violence. Planes thunder over the sea and warships cruise around the island.…
Biden advisor Sullivan meets China’s chief diplomat Wang Yi in Malta
The flags of the USA and China US National Security Advisor Jake Sullivan and China’s chief diplomat Wang Yi met. (Photo: imago images/Björn Trotsky) Washington According to the White House,…
Strategy paper warns EU against China dependence for batteries for electric cars
Battery recycling EU demand for lithium-ion batteries, fuel cells and electrolyzers needed in hydrogen technology will increase sharply in the coming years. (Photo: dpa) Madrid The Spanish EU Council Presidency…
“32 hours with full wage compensation is unrealistic”
Michael Traub The 54-year-old has led the world market leader for chainsaws Stihl since February 2022. (Photo: STIHL AG & Co. KG) Waiblingen In the first eight months of the…
Chinese police arrest several managers
Evergrande Group headquarters in Shenzhen The authorities have arrested several managers of the asset management division. (Photo: AP) Beijing In southern China, police have arrested some managers of the asset…
Possible EU tariffs on electric cars are fueling fears of a trade war with China
Beijing, Brussels, Berlin Ursula von der Leyen has sparked concerns in Germany about a trade conflict with China. The EU Commission President had announced that she would take action against…
The opaque superpower – How China is concealing its crisis
Weaving factory in Hangzhou China’s economic weakness is weighing on the global economy. (Photo: dpa) Beijing When China releases new economic data on Friday, companies and markets will view them…
Keep a straight face – How Beijing is attempting the balancing act when it comes to Russia and North Korea
Putin and Kim China is silently observing the meeting of Russian and North Korean rulers. (Photo: via REUTERS) Wordless and flowery. This is what the spokeswoman for the Chinese Foreign…
ABB increases production in Europe by 50 percent
ABB robots in use Many robots are already used in automobile production, such as here at the BMW main plant. In many industries it is different. (Photo: dpa) Munich The…
EU launches investigation into subsidies
Strasbourg The EU wants to take action against cheap Chinese electric cars. She has instructed her authority to start an investigation into market-distorting subsidies, said EU Commission chief Ursula von…
EU launches investigation into subsidies
Ursula von der Leyen The EU Commission President wants to investigate whether Europe should exclude Chinese electric vehicles from the market. (Photo: Reuters) Strasbourg The EU wants to take action…
ABB increases production in Europe by 50 percent
ABB robots in use Many robots are already used in automobile production, such as here at the BMW main plant. In many industries it is different. (Photo: dpa) Munich The…
ABB increases production in Europe by 50 percent
ABB robots in use Many robots are already used in automobile production, such as here at the BMW main plant. In many industries it is different. (Photo: dpa) Munich The…
Tesla to change plans for expanded battery factory
Tesla’s “Gigafactory” in Brandenburg The company says it wants to double the factory’s production capacity of 500,000 cars. (Photo: Reuters) Grünheide The US electric car manufacturer Tesla is to change…