Browsing: Industry News
Rising prices will lead to falling purchasing power Germany’s import prices rose by 15 percent in July. This was due…
Joint venture for seating systems and interior solutions Brose and Volkswagen intend to join forces to create a leading global…
RWI/ISL Container Throughput Index RWI (Leibniz Institute for Economic Research; formerly Rheinisch-Westfälisches Institut für Wirtschaftsforschung) reported higher container throughput a…
Chip manufacturers changed production to meet demand The automotive industry faces semiconductor shortages through 2022. Alan Priestley of the analysis…
European Union’s ESI business sentiment index rises sharply In June of this year, the Economic Sentiment Indicator (ESI) rose sharply…
Need for action in digitalization There is apparently a growing concern among German transport companies that they are losing out…
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…