BERLIN, Oct 13 — Volkswagen is considering cutting up to 30,000 jobs to cut costs and improve competitiveness with players such as Tesla, German dailyIt cited a presentation made by Volkswagen CEO Herbert Diess to the supervisory board.
Volkswagen is also considering listing its car charging and energy business in addition to existing IPO plans for its battery division, Chief Technology Officer Thomas Schmall told Manager Magazin in an interview published on Wednesday.
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German SPD expects to lead new coalition this year as talks deepen | Malay MailBERLIN, Oct 11 — Germany’s Social Democrats began in-depth exploratory coalition talks today with two smaller parties and expressed confidence the three would form a new government this year following an inconclusive national election. The centre-left Social Democrats (SPD) narrowly beat the...
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German yields near five-month highs ahead of US inflation data | Malay MailFRANKFURT, Oct 13 — German bond yields touched their highest in nearly five months today ahead of US inflation data that will shed further light on the Federal Reserve’s likely monetary policy path. Consumer prices are expected to have risen 5.3 per cent in September, according to a Reuters...
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