Tag: Industrial policy
US law puts the brakes on electric car manufacturer’s battery factory plans
Tesla factory in Berlin-Brandenburg Tesla had actually planned to make its only European plant in Brandenburg the world’s largest battery factory. (Photo: dpa) Berlin Thousands of jobs were to be…
Japan makes itself independent of supply chains with TSMC chip factory
Chip production of Taiwan Semiconductor Manufacturing Co. (TSMC) Economic powerhouses around the world compete to locate new semiconductor factories in their own countries. (Photo: VIA BLOOMBERG NEWS) Tokyo For months,…
German companies are reassessing their engagement in China
BASF board member Markus Kamieth “We’re seeing an increase in investment risk everywhere,” says Kamieth. (Photo: Uta Wagner for Handelsblatt) Dusseldorf German companies are reviewing their involvement in China, preparing…
Japan makes itself independent of supply chains with TSMC chip factory
Chip production of Taiwan Semiconductor Manufacturing Co. (TSMC) Economic powerhouses around the world compete to locate new semiconductor factories in their own countries. (Photo: VIA BLOOMBERG NEWS) Tokyo For months,…
How sustainable is the Asian business of the German economy?
As an export nation, Germany is particularly dependent on stable supply chains and secure foreign trade conditions. We will discuss the diversification of sales markets and supply chains as a…
Steel industry must become climate-neutral in a difficult environment
Berlin The pressure on the European steel industry is growing. Despite difficult framework conditions, companies have to radically change their production processes in order to manage the path to climate…
Forced labour: EU bans all products
Uyghurs on a cotton plantation The suppression of the Uyghurs in China is one of the triggers for the new regulation against forced labor. (Photo: imago images/Joerg Boethling) Berlin, Brussels…
In the energy crisis, the state shifts problems from A to B
VNG gas storage facility In the face of drastic developments, promising company names and proud tweets cannot replace the need to make prudent decisions – and to consider all the…
In the energy crisis, the state shifts problems from A to B
VNG gas storage facility In the face of drastic developments, promising company names and proud tweets cannot replace the need to make prudent decisions – and to consider all the…
The German economy is overloaded
metal industry So far, the German economy has been able to master all crises. (Photo: imago images/Rupert Oberhäuser) “It’s still going well.” This motto seems to determine German politics. Reunification,…
Thyssen-Krupp releases billions for green steel
Steelworks in Duisburg The decarbonization could cost the Ruhr group up to ten billion euros in total. (Photo: dpa) Dusseldorf In the middle of the energy crisis, the Thyssen-Krupp Supervisory…
Economy without ministers – a comment
Robert Habeck in the Bundestag He doesn’t dare to tackle the Greens’ Holy Grail, phasing out nuclear energy. (Photo: dpa) The German economy is an orphan in the energy crisis.…
Habeck announces a broad rescue package for companies
Economics Minister Robert Habeck “Until we get the prices down, we’ll give the companies whatever help we can.” (Photo: IMAGO/Political Moments) Berlin Federal Minister of Economics Robert Habeck (Greens) has…
Industry cuts investments & cuts production
German industry Companies are suffering from high energy prices. (Photo: Qiagen/Weisflog/BMW) Berlin The rising prices for energy and raw materials are affecting the substance of German industry. More than 90…
Industry cuts investments & cuts production
German industry Companies are suffering from high energy prices. (Photo: Qiagen/Weisflog/BMW) Berlin The rising prices for energy and raw materials are affecting the substance of German industry. More than 90…
Industry cuts investments & cuts production
German industry Companies are suffering from high energy prices. (Photo: Qiagen/Weisflog/BMW) Berlin The rising prices for energy and raw materials are affecting the substance of German industry. More than 90…
Mercedes-Benz lays off 3,600 workers in Brazil
Group headquarters of Daimler-Benz AG in Stuttgart The automotive group produces in Brazil, among other places. (Photo: imago images/imagebroker) Sao Paulo As part of a restructuring, Mercedes-Benz is laying off…
How much relief for the economy is possible?
Berlin DIHK President Peter Adrian makes no secret of his disappointment: “Every day more companies are fighting for survival,” he told the Handelsblatt. There are “large gaps” in the relief…
ArcelorMittal ceases production at two German sites
ArcelorMittal Steelworks Bremen One of the two Bremen blast furnaces will go out of service at the end of September. (Photo: dpa) Dusseldorf The Arcelor-Mittal steel group is partially ceasing…
Three points for a German China strategy
German-Chinese trade relations German and Chinese flags: The relationship between China and Germany is changing. (Photo: dpa) The federal government is working flat out on a new China strategy –…