BASF, the German chemical giant, is accelerating its cost-cutting program despite receiving billions of euros in government subsidies. CEO Markus Kamieth stated, “From today’s perspective, we...
Germany has lost nearly 250,000 jobs in the manufacturing sector since the onset of the COVID-19 pandemic. The decline in manufacturing jobs appears to have been...
Despite calls from European Union leaders to “de-risk” economic ties with China, greenfield investment by EU companies in the country surged to record levels in the...
As the US presidential election on November 5 draws closer, German companies are making their political preferences known through donations. According to an analysis by German...