Heat waves and flooding could cost the European Union $50 billion in damage to buildings and crops as well as a loss of productivity, a new study found.
Author: MELISSA EDDY
At IAA Mobility Car Show in Munich, the German Automakers Feel Optimistic
The spotlight at the Munich auto show this year is swinging back to BMW, Mercedes and Volkswagen after previously focusing on Chinese automakers.
A Move to the U.S. to Avoid Tariffs? There Are Trade-Offs.
Bizerba, a German company that makes industrial slicers for Subway, is thinking about shifting production to the United States, if it can overcome the challenges.
Germany to Spend Record Amount on Its Military and Infrastructure
The increase was announced hours before a NATO meeting during which member countries are expected to agree to raise military spending to 5 percent of their G.D.P.
Tesla Sales Fall in Germany and U.K. to Lowest Point in 2 Years
Demand for the U.S. automaker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.
Europeans Shun Tesla, Even as Electric Vehicle Sales Rise
Demand for the U.S. auto maker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.
Swedish Battery Maker Northvolt Collapses, a Blow to Europe
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.
German Central Bank Loss Points to More Economic Woes for Germany
The central bank’s president said it was “not possible to rule out” a third year of no economic growth.