Exodus: Corporates Abandon Pride Month
As support for LGBT causes falls in polls, so too are corporate sponsorship and promotion of festivals during Pride Month – to the…
German Court Allows Buyer to Return Electric Car over Range Shortfall
An electric-car buyer in Germany was entitled to return his vehicle after tests showed that it fell far short of the advertised ra…
SpaceX IPO Launches Thousands of Millionaires
A record-breaking IPO has made SpaceX one of the world's most valuable companies and created thousands of new millionaires in the …
The World's First Trillionaire Is Pulling Away from the Pack
Elon Musk has amassed wealth comparable to national economies, but his fortune remains highly dependent on market sentiment.
VW’s New China Gamble Leaves Germany in the Rear-View Mirror
Volkswagen is betting billions on China. But the wager is risky. Its new cars will be developed, built and sold there. For Germany…
KFC’s Czech Operator Responds to Hygiene Allegations with a Hard Reboot
KFC is facing a serious crisis in the Czech Republic after revelations of hygiene problems shook consumer confidence. The fast-foo…
Tim Cook Departs as Apple Faces Its Next Test
With Tim Cook stepping down, Apple closes the era of the consummate manager. His successor, John Ternus, must now deliver what App…
Plastic Shortage: The Next Shock Facing Europe’s Struggling Carmakers
The current oil market crisis could pose a greater challenge for carmakers than the pandemic. Back then, the industry entered the …
Domestic Help for a Dollar an Hour: India’s Startups Target a Booming Market
Helping to sort Lego bricks or peel a few potatoes are among the tasks for which Indians hire domestic help through an app.
Lufthansa Shuts Down CityLine in Response to Prolonged Strikes
Lufthansa is shutting down its regional subsidiary CityLine amid ongoing strike action. Thousands of employees are affected, as th…
VW: From People’s Car Maker to Defense Contractor?
The Volkswagen plant in Osnabrück, threatened with closure, could soon produce components for Israel’s Iron Dome. The crisis in th…
German chemical industry stuck in prolonged crisis
The German chemical industry, long a pillar of the country’s economy, remains under mounting pressure. New figures from the German…
Volkswagen: The Fall of an Industrial Giant
For decades, Germany’s industrial sector was regarded as the unshakeable foundation of the European economy. That model is now beg…
Airlines cancel flights to the Middle East en masse after attack on Iran
Airlines continued to cancel flights to the Middle East on Sunday as much of the region's airspace remained closed a day after the…
How Central Europe is learning to build corporations again. The story of Czechoslovak Group
Michal Strnad's arms holding company is entering the Amsterdam stock exchange. This is an opportunity for the Czech Republic and S…