[ad_1] Updated Jan. 15, 2024 5:20 am ET Germany’s economy contracted in 2023, hit by high inflation that squeezed consumer spending, with the country’s creaking industrial model also suffering from…
Tag: DACH Countries
Crash Parties, Escape Dull Chitchat and Make Powerful Friends: What Davos Elites Know
[ad_1] Listen to article (2 minutes) For a master class in power networking, it’s tough to beat the one taking place in the Swiss Alps this week. The annual World…
Tesla to Halt Production in Germany as Red Sea Conflict Hits Supply Chains
[ad_1] Updated Jan. 12, 2024 7:11 am ET BERLIN—Tesla plans to halt production at its biggest factory in Europe for two weeks as the conflict in the Red Sea continues…
Tesla to Halt Production at German Car Factory as Red Sea Conflict Hits Supply Chains
[ad_1] Tesla plans to halt production at its Berlin factory for two weeks due to the conflict in the Red Sea continuing to disrupt transport ships, raising the specter of…
WSJ News Exclusive | Novartis Pursuit of Cytokinetics Cools
[ad_1] Updated Jan. 11, 2024 12:47 pm ET Novartis has backed away from its pursuit of Cytokinetics, putting a damper on the prospects of a deal for the promising heart-drug…
Article on Bill Ackman’s Wife Triggers Tensions Between Business Insider and Owner
[ad_1] Updated Jan. 9, 2024 8:22 pm ET Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even…
Volkswagen’s Elusive Quest to Make an EV for the Masses
[ad_1] Updated Dec. 31, 2023 12:19 am ET BERLIN—Almost a decade ago, Volkswagen set out on an expensive quest to dominate the new world of software-defined cars and build the…
German Economic Outlook Improves Unexpectedly on Hopes That ECB Rate Cuts Are Near
[ad_1] Updated Dec. 12, 2023 6:15 am ET Germany’s economic outlook improved unexpectedly in December, reflecting a stronger belief that the European Central Bank could cut rates soon as inflation…
German Industrial Production Contracted Unexpectedly in October
[ad_1] Germany’s industrial production fell unexpectedly in October, and for a fifth-straight month, a further sign of the deteriorating environment in the key manufacturing base of Europe’s largest economy. Output…
Switzerland Charges Trafigura and a Former Top Executive With Bribery
[ad_1] Updated Dec. 6, 2023 1:21 pm ET Swiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the…