Porsche Cuts 5,000 More Jobs as Mercedes Profit Falls 26%
Germany’s auto industry is entering another difficult phase. Porsche is cutting nearly 9,000 positions in total, while Mercedes re…
For Modern Gaming the Only Constant is Change
For an industry enjoying meteoric growth, it is an anxious time for those working in gaming. Post-pandemic layoffs and AI's advanc…
Chinese Shareholders Put Mercedes at Risk of US Ban
A bipartisan Senate bill targeting foreign influence over connected vehicles could force changes to Mercedes-Benz’s shareholder st…
Billionaires’ Fight Club: Musk and Altman Turn Apple’s OpenAI Lawsuit into a Brawl
Apple is suing OpenAI before its first AI device has even been unveiled. Elon Musk has seized on the case to attack Sam Altman, wh…
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…
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.
Stuttgart 21 Turns into Stuttgart 31
Be it a railway station, an airport or an opera house, Germany can no longer keep major projects on budget or on schedule. Costs s…
What Does the Closure of Denby Reveal About the UK Economy?
Denby Pottery survived wars and recessions, but not soaring costs and shifting tastes. Its closure points to deeper troubles in Br…
SpaceX Seeks Biggest IPO in History With $75bn Bet on the Future
Elon Musk’s SpaceX has revealed plans to raise $75bn on the stock market. It would be the largest IPO in history, and the company …
Poland’s InPost Steps Up French Expansion With €500m Parcel-Locker Push
InPost is expanding its French parcel-locker network after becoming one of Poland’s most visible corporate success stories abroad.…
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.