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Tim Cook Departs as Apple Faces Its Next Test
Economy|Companies

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…

Rising plastic costs linked to disruptions in Middle Eastern supply chains are adding new pressure to Europe’s automotive industry. Photo: Getty Images/AI
Economy|Companies

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 …

Laxmi, a Pronto employee, sweeps a house in New Delhi, India. Photo: Bhawika Chhabra/Reuters
Economy|Companies

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.

A Lufthansa CityLine passenger aircraft (front) is taxiing towards the runway at Frankfurt Airport. Photo: Silas Stein/dpa/Getty Images
Economy|Companies

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…

The Volkswagen plant in Osnabrück, where talks on possible defence production could secure the site’s future. Photo: picture alliance/Getty Images
Economy|Companies

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…

The chemical industry in Germany faces increasingly difficult conditions. Photo: Patrick Pleul/picture alliance via Getty Images
Economy|Companies

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 factory in Wolfsburg, Germany. Photo: Sean Gallup / Getty Images
Economy|Companies

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…

Stranded passengers wait near Emirates Airways customer service office at I Gusti Ngurah Rai International Airport after flights to Doha, Dubai, and Abu Dhabi were cancelled following strikes on Iran launched by the United States and Israel, in Kuta, Bali, Indonesia, March 1, 2026. Photo: Reuters/Johannes Christo
Economy|Companies

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…

Michal Strnad. Foto: CSG / Petit Press / Profimedia
Economy|Companies

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…

Michal Strnad, Chef der Czechoslovak Group, plant Erweiterung. Foto: ČTK / Glück Dalibor / Profimedia
Economy|Companies

The stock index of European arms manufacturers is at its highest level. Strnadova zbrojovka is significantly reshuffling the deck.

The owner of Czechoslovak Group wants to build the largest defense industry company in Europe.

Economy|Companies

Turkish hair transplant clinics may get serious competition

Cosmo Pharmaceuticals shares jumped roughly 47 percent last week on the Swiss stock exchange. It is the biggest increase in the hi…

Der weltweit größte Autotransporteur BYD Shenzhen führt Verladevorgänge durch. Foto: Zhang Congyu/VCG via Getty Images
Economy|Companies

China pushes global image, but China's electric car industry is in for a cleansing bath

Adverts for Chinese EVs are popping up on social media, in newspapers, even on billboards. YouTube is filled with tests of new mod…

Ford T-Modelle, bereit zur Auslieferung nach Verlassen des Fließbands, 1925. Foto: Bettmann / Contributor / Getty Images
Economy|Companies

How the Ford Model T heralded the revolution in mass production and changed the world

Ford's Model T changed the world by becoming ubiquitous in American life and demonstrating what was possible with mass production …

Foto: Getty Images
Economy|Companies

Electric cars have gained new momentum in Europe

After the unexpected fiasco in 2024, the European market for electric cars is picking up steam again. Thanks to the Chinese. Altho…

Giorgio Armani. Foto: JULIEN DE ROSA / AFP / AFP / Profimedia
Economy|Companies

Giorgio Armani, icon of Italian fashion and “king of elegance,” has died

The well-known “King Giorgio” can be paid his last respects in Milan over the weekend, followed by a private funeral.

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