Germany ► - Page 5

Volkswagen is reintroducing physical buttons in response to criticism of its touchscreen-heavy designs. (Photo: Volkswagen)

3 min read

Business Germany

Volkswagen goes retro with physical buttons in ID.2all electric vehicle

Post Date 12/19/2023

In a surprising departure from its recent touchscreen-centric designs, Volkswagen is turning back the clock with the interior of its upcoming compact EV, the ID.2all. [more…]

Dec. 12, 2023 - Puma will stop sponsoring Israel's national football team next year, a decision made before the Oct. 7 attack, as stated by a spokesperson on Tuesday. (Photo: Social Media)

2 min read

Puma ends sponsorship with Israel’s national football team due to growing controversy

Post Date 12/12/2023

In a surprising move, Puma, the German sportswear giant, has announced the termination of its sponsorship deal with Israel’s national football team, effective next year. [more…]

Volkswagen Mexico, after investing $760 million in the Puebla plant, is gearing up to manufacture electric vehicles for the entire North American market by 2026. (Photo: Volkswagen)

3 min read

Business Germany Mexico

Volkswagen Mexico’s Puebla plant prepares for electric vehicle production for U.S. market

Post Date 11/17/2023

In a groundbreaking development, Volkswagen Mexico is gearing up for a significant shift in its production focus as it eyes a future dominated by electric [more…]

Eli Lilly to construct a production plant in Western Germany. (Photo: Visitindy)

3 min read

Business Germany U.S.

Eli Lilly announces bold move with €2 Billion investment in German production plant

Post Date 11/16/2023

In a strategic move aimed at bolstering its presence in Europe and addressing global supply chain vulnerabilities, U.S. pharmaceutical giant Eli Lilly has unveiled plans [more…]

German govt. steps in to provide crucial support as Siemens Energy faces a nearly 5 billion euro loss in its fiscal year. (Photo: Siemens Energy)

3 min read

Business Germany

Siemens Energy fortifies finances with a 7.5 billion government support

Post Date 11/15/2023

In a surprising turn of events, Siemens Energy, a major player in the energy sector, has secured a substantial 7.5 billion euros ($8.15 billion) in [more…]

Canadian, German, and Australian mineral explorers aim to secure premium prices for crucial metals in electric vehicles, and to reduce dependence on China's dominant role in the market. (Photo: Lynas)

4 min read

Australia Business Canada China Germany

Miners aim to break China’s dominance in rare earth minerals

Post Date 11/08/2023

In a bid to challenge China’s stranglehold on the production and supply of rare earth metals, several Canadian, German, and Australian mining companies are devising [more…]

Malaysia is poised to receive a substantial portion of DHL's €350 million five-year investment in its Southeast Asia supply chain business, making it a major focus for the global logistics company. (Photo: EBM)

4 min read

Business Germany Malaysia

Malaysia’s Silicon Valley of the East attracts massive investment in supply chain infrastructure

Post Date 11/02/2023

Malaysia is set to become the epicenter of a significant investment from DHL, as the global logistics giant pours more than a third of its [more…]

Birkenstock targets over $9bn NYSE IPO valuation. (Photo: Alain Jocard | AFP | Getty Images)

3 min read

Business Germany

Birkenstock, the German company, aims for a $9.2 billion valuation in its upcoming IPO in New York

Post Date 10/02/2023

On Monday, the renowned German sandal company, Birkenstock, announced its intention to set the price range for its upcoming initial public offering (IPO) in New [more…]