Business

The German automotive giant said that it was committing to a $5.8 billion investment to boost its transition to electric vehicles in cooperation with US EV-maker Rivian. Embattled German car manufacturer Volkswagen has launched

Rome and Lufthansa had been locked into over a year of tough negotiations on the price and terms of the deal. ITA emerged from the failed national carrier Alitalia in 2020. Italy has

With Donald Trump likely to return to the White House, his economic ideas could soon become reality. Expect “America First,” tax cuts, tariffs, trade wars and a cryptocurrency boom. As the world

Police and fraud experts raided Netflix’s offices in Paris and Amsterdam as part of an investigation into possible fraud. Dutch authorities said they were acting at the behest of the French authorities.

Boeing employees accepted the company’s offer for a 38% pay rise. The company is still planning to move forward with major job cuts. The US aircraft giant can now restart production and

The European Union’s executive arm wants to ensure the Chinese online shopping platform’s goods “meet EU standards and do not harm consumers.” The European Commission opened an investigation into the Chinese online shopping platform Temu on

The European Chemicals Agency (ECHA) says it identified 285 cosmetic products “from various sellers and at all price ranges” containing chemicals banned in Europe. Its main investigation method was surprisingly simple. A

Warning strikes have begun in Germany’s metal and electrical industries as collective bargaining continues amid Volkswagen’s plant closure plans. Germany’s IG Metall union launched strikes in the metal and electrical industries early

The move will slash thousands of jobs, the Volkswagen works council says. It comes as Germany experiences a sluggish economy and automakers deal with high production costs. German automotive giant Volkswagen (VW) plans on

The decision came after new figures showed inflation across the bloc had fallen to its lowest level in more than three years. The European Central Bank (ECB) has cut borrowing costs for the