EuropeEXCLUSIVE Bundesbank expects chip bottlenecks in German industry to worsen in Q2
Michael Nienaber
3 minute read
The Berlin skyline is seen, during the spread of coronavirus disease (COVID-19) in Berlin, Germany, April 1, 2020. REUTERS/Michele Tantussi
The chip supply bottlenecks in German industry will likely worsen in the second quarter and lead to an overall weaker recovery of Europe s largest economy this year, the Bundesbank s chief economist told Reuters on Friday.
Shortages of semiconductors and other industrial components have led to production cuts in manufacturing, forcing executives and policymakers to rethink supply lines and try to reduce reliance on a handful of Asian and U.S. suppliers. read more
Companies that snub monitoring software can thrive during COVID-19 pandemic theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
CDA to start work on six plazas by June end
National
April 30, 2021
ISLAMABAD: The Capital Development Authority (CDA) will start work on construction of six multi-storey plazas in main shopping areas of the federal capital by end of June. The consultant hired for the projects gave a presentation to the CDA chairman and board members on Thursday. Out of six plazas, five to eight floors each parking plazas, two have been proposed in Blue Area, two in F-10 and two in other shopping areas. The parking will have a total capacity of 3,500 cars. The authority will generate cost requisites from two floors of Blue Area and construct the rest. Roof-top gardens and park are also included so as to suit to environment.