Showing 13 to 24 of 36 results
German Industry Faces Collapse: 5.5 Million Jobs at Risk
Germany's industrial sector is experiencing a significant decline, projected to cost 5.5 million jobs and 20% of GDP, due to rising energy prices after Russia's invasion of Ukraine, pre-existing supply chain issues, and increased competition from China's high-tech manufacturing.
German Industry Faces Collapse: 5.5 Million Jobs at Risk
Germany's industrial sector is experiencing a significant decline, projected to cost 5.5 million jobs and 20% of GDP, due to rising energy prices after Russia's invasion of Ukraine, pre-existing supply chain issues, and increased competition from China's high-tech manufacturing.
Progress
52% Bias Score
Northvolt Bankruptcy: A Setback for European Battery Industry
Swedish battery producer Northvolt declared bankruptcy with €8 billion in debt, jeopardizing the EU's plans for a domestic electric vehicle battery industry due to insufficient production and reliance on Chinese components despite receiving over €10 billion in public and private investment.
Northvolt Bankruptcy: A Setback for European Battery Industry
Swedish battery producer Northvolt declared bankruptcy with €8 billion in debt, jeopardizing the EU's plans for a domestic electric vehicle battery industry due to insufficient production and reliance on Chinese components despite receiving over €10 billion in public and private investment.
Progress
48% Bias Score
EU Unveils Plan to Boost Auto Industry Amidst Global Competition
The European Commission launched an action plan to support its auto industry, facing competition from China and the US, including measures to incentivize electric vehicles, address emission limits, and review the 2035 combustion engine ban.
EU Unveils Plan to Boost Auto Industry Amidst Global Competition
The European Commission launched an action plan to support its auto industry, facing competition from China and the US, including measures to incentivize electric vehicles, address emission limits, and review the 2035 combustion engine ban.
Progress
48% Bias Score
Spain's Automotive Industry Seeks National Plan Amidst Electric Vehicle Transition"
Anfac, the Spanish vehicle manufacturers' association, is urging the government to create a national plan to support the automotive industry's transition to electric vehicles, aiming to prevent a decline in production and maintain Spain's position as a major vehicle producer.
Spain's Automotive Industry Seeks National Plan Amidst Electric Vehicle Transition"
Anfac, the Spanish vehicle manufacturers' association, is urging the government to create a national plan to support the automotive industry's transition to electric vehicles, aiming to prevent a decline in production and maintain Spain's position as a major vehicle producer.
Progress
48% Bias Score
SMA Solar Announces Job Cuts Amidst Market Shift
SMA Solar, a German inverter manufacturer, announced potential job cuts of up to 1100 employees globally in November 2024 due to an 80 percent profit drop in the first three quarters of 2024 compared to the previous year, after a surge in demand in 2022 and 2023. The company is now focusing on large...
SMA Solar Announces Job Cuts Amidst Market Shift
SMA Solar, a German inverter manufacturer, announced potential job cuts of up to 1100 employees globally in November 2024 due to an 80 percent profit drop in the first three quarters of 2024 compared to the previous year, after a surge in demand in 2022 and 2023. The company is now focusing on large...
Progress
52% Bias Score
European Auto Component Sector Suffers 12.17% Stock Market Decline in 2024
The European automotive component sector faced a challenging 2024, marked by a 12.17% stock market decline, 54,000 job losses, and intensified competition from China, leading to uncertainty and challenges for companies like Valeo, Continental, and SMEs.
European Auto Component Sector Suffers 12.17% Stock Market Decline in 2024
The European automotive component sector faced a challenging 2024, marked by a 12.17% stock market decline, 54,000 job losses, and intensified competition from China, leading to uncertainty and challenges for companies like Valeo, Continental, and SMEs.
Progress
40% Bias Score
ZF Reports €1 Billion Loss Amidst Industry Restructuring
ZF Friedrichshafen, a German automotive supplier, reported a €1 billion net loss in 2024, primarily due to restructuring costs and decreased demand, resulting in a restructuring plan with job cuts and potential partnerships.
ZF Reports €1 Billion Loss Amidst Industry Restructuring
ZF Friedrichshafen, a German automotive supplier, reported a €1 billion net loss in 2024, primarily due to restructuring costs and decreased demand, resulting in a restructuring plan with job cuts and potential partnerships.
Progress
56% Bias Score
EU Automotive Policy: Balancing Environmental Goals and Economic Realities
The EU aims to reduce automotive CO2 emissions by 23.8% by 2035, but faces challenges from the economic impact on the 13 million-person industry and competition from Chinese electric vehicle manufacturers, leading to adjustments in the policy.
EU Automotive Policy: Balancing Environmental Goals and Economic Realities
The EU aims to reduce automotive CO2 emissions by 23.8% by 2035, but faces challenges from the economic impact on the 13 million-person industry and competition from Chinese electric vehicle manufacturers, leading to adjustments in the policy.
Progress
48% Bias Score
EU Unveils €2.8 Billion Plan to Rescue Auto Industry
The EU Commission unveiled a €2.8 billion plan to modernize its auto industry, facing threats from China and the US, including incentives for EVs, flexibility on emission limits, and investments in battery production to secure its future competitiveness.
EU Unveils €2.8 Billion Plan to Rescue Auto Industry
The EU Commission unveiled a €2.8 billion plan to modernize its auto industry, facing threats from China and the US, including incentives for EVs, flexibility on emission limits, and investments in battery production to secure its future competitiveness.
Progress
48% Bias Score
Europe's Economic Slowdown: High Costs, Chinese Competition, and Tech Lag
In 2024, the EU's economy grew by only 0.9% compared to the US's 2.7%, with Germany in recession and France facing political turmoil; high taxes, bureaucracy, Chinese competition, and high energy costs are key factors, and underinvestment in R&D hinders technological advancement.
Europe's Economic Slowdown: High Costs, Chinese Competition, and Tech Lag
In 2024, the EU's economy grew by only 0.9% compared to the US's 2.7%, with Germany in recession and France facing political turmoil; high taxes, bureaucracy, Chinese competition, and high energy costs are key factors, and underinvestment in R&D hinders technological advancement.
Progress
60% Bias Score
German Industry in Crisis: Job Losses and Economic Slowdown
Germany's industrial sector faces a crisis due to high energy costs, geopolitical uncertainty, and demographic shifts, resulting in significant job losses and economic slowdown; the upcoming election adds to the uncertainty.
German Industry in Crisis: Job Losses and Economic Slowdown
Germany's industrial sector faces a crisis due to high energy costs, geopolitical uncertainty, and demographic shifts, resulting in significant job losses and economic slowdown; the upcoming election adds to the uncertainty.
Progress
48% Bias Score
OpenAI's Stargate Project: A $100 Billion Bet on US AI Dominance
OpenAI plans to build 5–10 data center campuses across 16 US states as part of the Stargate initiative to counter China's AI advancements, with construction underway in Abilene, Texas, and each campus potentially creating thousands of jobs, although the first campus is projected to create just 57.
OpenAI's Stargate Project: A $100 Billion Bet on US AI Dominance
OpenAI plans to build 5–10 data center campuses across 16 US states as part of the Stargate initiative to counter China's AI advancements, with construction underway in Abilene, Texas, and each campus potentially creating thousands of jobs, although the first campus is projected to create just 57.
Progress
56% Bias Score
Showing 13 to 24 of 36 results