Browsing: Industry News
Increased demand and supply bottlenecks for raw materials Producer prices for building materials such as wood, steel or insulation materials…
Since the beginning of 2021, price increases are at 70% Manufacturers of plastic packaging are currently struggling with various adverse…
Rising prices despite economic upturn The economy is currently experiencing a major upswing – but wholesale prices are rising rapidly.…
Paralyzed world trade and rising freight rates The port of Yantian of the southern Chinese metropolis of Shenzhen is experiencing…
Sonova acquires Consumer Electronics Audio specialist Sennheiser, known for its headphones, is divesting its consumer division. This division, called “Consumer…
German companies show strong competitiveness Anton F. Börner, President of the German Wholesale, Foreign Trade and Services Association (BGA), says…
Traditional company achieves technological breakthrough The IT corporation IBM has succeeded in producing a 2-nanometer chip. Until now, it was…
Purchase for nearly $20 billion Microsoft is buying Nuance Communications, a speech recognition and artificial intelligence (AI) specialist. In doing…
Partnership with Qingling Motors German automotive supplier Bosch has established the joint venture Bosch Hydrogen Powertrain Systems with Chinese commercial…
Corrected figures with lower growth rate than expected. This Tuesday, Japan’s government presented corrected gross domestic product (GDP) figures for…
The symbol of a new beginning EU Commission President Ursula von der Leyen and U.S. President Joe Biden agreed in…
Oil prices up sharply after oil cartel meeting OPEC+, which consists of OPEC and other allies, is keeping its oil…
Progress in transformation of pharmaceuticals business Bayer reported progress in transforming its pharmaceuticals business at a conference last week. The…
AI technology to optimize the supply chain Retailer Douglas has decided to digitize its entire supply chain management. According to…
German economy shrinks by 5 percent in 2020 According to initial estimates by the Federal Statistical Office (Destatis), Germany’s price-adjusted…
Renewal program “Future Brose” includes job cuts The Coburg-based automotive supplier Brose says it is pushing ahead with its transformation.…
Promoting sustainable supply chains Food company Nestlé announces that it is stepping up its commitment to combating climate change. According…
“Supplier of the Year 2019” awards for special achievements. Continental has honored its best suppliers in its Automotive and Powertrain…