Xiaomi unveils its electric car SU7, priced below 500,000 Yuan
Xiaomi’s foray into the electric vehicle (EV) market with its new Speed Ultra 7 (SU7) sedan is poised to shake up the industry. With a [more…]
Category: Germany
Novo Nordisk dives deeper into cardiovascular realm with Cardior acquisition
In a move set to bolster its presence in the cardiovascular disease arena, Novo Nordisk has announced the acquisition of Cardior Pharmaceuticals for up to [more…]
Nidec, KPS Capital Partners compete for Siemens AG’s Innomotics business
Two heavyweights, Japan’s Nidec and New York-based KPS Capital Partners, are locked in a high-stakes competition to acquire Siemens AG’s Innomotics large motors business. The [more…]
China’s Xpeng unveils ambitious global expansion plans with right-hand drive model launch
Chinese electric vehicle (EV) manufacturer Xpeng is gearing up for its global expansion with the announcement of its first right-hand drive model, set to launch [more…]
Germany nears acquisition of TenneT’s German power grid from The Netherlands
In a move that could reshape Germany’s energy landscape, The Netherlands is on the brink of finalizing a deal to sell TenneT Holding’s power grid [more…]
Lufthansa Cabin Crew Union Takes to the Skies for Better Pay
In a move that could disrupt travel plans for thousands, Lufthansa’s cabin crew union has announced a strike at Lufthansa and short-haul carrier CityLine. The [more…]
Toyota announces $2.2 billion investment in Brazil, creating 2,000 jobs
Toyota, the renowned Japanese automaker, has announced a substantial $2.2 billion investment for the coming years in Brazil, as confirmed by the country’s vice-president. This [more…]
Taiwan Semiconductor’s ambitious hiring spree to fuel innovation and growth
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is gearing up for a significant expansion with plans to recruit 6,000 new employees in [more…]
Germany’s Deutsche Bank gears up for legal battle against a Hong Kong property developer
In a move amidst China’s deepening property sector crisis, Deutsche Bank is reportedly preparing to launch a liquidation lawsuit against Shanghai-based developer Shimao Group in [more…]
Swedish property giants SBB and Heimstaden face billions in losses
In a turn of events reflecting the volatile nature of the European property market, two of Sweden’s leading property companies found themselves grappling with substantial [more…]