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China EV maker BYD to build first Europe plant in Hungary -FAS

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China EV Giant BYD to Build First Europe Plant in Hungary

The carmaker has said it is still looking for the right location and would make an announcement at the end of the year China’s electric vehicle leader BYD…

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China EV maker BYD to build first Europe plant in Hungary -FAS

FRANKFURT (Reuters) - Chinese electric vehicle giant BYD plans to build its first European car factory in Hungary, a German newspaper reported on Satu...

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Fewer Postbank branches - There is no way around job cuts

The cuts in the Postbank branch network will lead to job cuts, according to Deutsche Bank Board Member for Private Customers Claudio de Sanctis. How many jobs will be affected by the reduction of the...

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Dpa-AFX Overview: COMPANIES from 03.11.2023 - 15 -November 03, 2023 at 10:21 am EDT

ROUNDUP: Volkswagen imposes hiring freeze WOLFSBURG - Volkswagen is imposing a temporary hiring freeze at its most important locations in the struggle to save billions. Due to the ongoing...

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German military must be 'fit for war' - The Street Journal

German military must be 'fit for war' - The Street Journal
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

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Bundeswehr must be 'fit for war' – DW – 10/31/2023

German Defense Minister Boris Pistorius has said that the country's military must become combat-ready quickly. But that will require a major long-term overhaul, and experts doubt that will be easy.

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US shipped entire batch of 31 Abrams tanks to Ukraine, Army official says

According to the US Army Europe and Africa Command Spokesman, the 200 Ukrainian servicemen that underwent training in using Abrams tanks in Germany have returned to Ukraine

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Fresenius to assess whether state aid impacts bonus, dividend payouts

German healthcare group Fresenius said it was examining whether the state aid it received to help offset high energy costs at its hospitals business would bar it from making management bonus and dividend payments. "Fresenius is examining the pertinent rules and the legal repercussions very carefully at the moment," a company spokesperson said in a statement, adding it would discuss the matter with a new German regulatory body. In an interview with Sunday paper Frankfurter Allgemeine Sonntagszeitung made available to Reuters, CEO Michael Sen was asked how the group would deal with a legal provision that bonus and dividend payments could not be paid by companies that accepted state aid.

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Rheinmetall to start tank maintenance in Ukraine soon

German defense contractor Rheinmetall plans to start servicing tanks in Ukraine in the coming days. We will start servicing this month, CEO Armin Papperger told the Frankfurter Allgemeine...

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