China has not only emerged as a major threat to VW and Mercedes, the German chemicals and engineering sectors are also facing ...

Another major factor is China's speedy shift from low-value manufacturing to high-tech and innovative industries, driven by ...

Industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide citing weak demand and increasing ...

FRANKFURT, Germany - German industrial giant Siemens said on March 18 it planned to cut over 6,000 jobs worldwide due to weak ...

BYD is considering building its third European automobile plant in Germany. The political framework conditions and the ...

BERLIN -- Germany's Bundestag, the lower house of parliament, on Tuesday approved a major constitutional amendment to loosen ...

Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said today, in the latest blow for ...

Obstacles to the implementation of Industry 4.0 technologies by region. Source: MHP.

Russia produced about 9.2 million barrels per day (bpd) of crude in 2024, down from a recent high of 9.8 million bpd in 2022 ...

ZURICH] Siemens will cut 5,600 jobs from its flagship digital industries business, the German engineering company announced on Tuesday (Mar 18), saying it was adjusting its production capacity in line ...

Proposed at the G20 Summit in New Delhi in September 2023, the India-Middle East-Europe Economic Corridor is a network of ...