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...The officers discussed various training scenarios, which could be done in less than 12 weeks....
...A report last week by the German Chamber of Industry and Commerce forecast that the US would supplant China as the nation’s top trade partner by 2025 at the latest....
...While some were fixed last week, the backlog is unlikely to be cleared until at least next month....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...Last week British Airways owner IAG reported record full-year profits, noting that prices were “holding up well”....
...A person close to the company said it would “take a few weeks to figure out what is doable” and added that the French government has asked them to support Ukraine locally....
Trading of company’s shares expected to commence in Frankfurt this week
...Renault’s Dacia brand this week announced that its Spring budget EV, which is imported from China, would be sold for under £15,000 in the UK....
...Joanna Kao Patricia Nilsson covers German industry for the FT. Thanks, Patricia. Patricia Nilsson Thank you....
...A public outcry was sparked when it emerged last week that several AfD politicians had met a prominent ethno-nationalist figure to discuss the potential for mass deportations of people of foreign origin....
...When BASF last week announced it would sell the stakes of its two plants in China’s Xinjiang region, it cited serious allegations of human rights abuse by employees of its local joint venture partner that...
...Renk’s majority owner, private equity group Triton, two weeks ago listed 30 per cent of Renk’s shares, valuing the company at €1.5bn....
...Last week, German chemical maker BASF announced it would sell stakes in its two Xinjiang joint ventures following reports that employees at its local JV partner had participated in state-sanctioned home...
...Bosch last week announced 1,200 job losses, while ZF Friedrichshafen, which is largely controlled by the south German town whose name it bears, said it was reviewing its operations and in a worst-case scenario...
...Rosenberger, who in the US changed his name to Alan Robert, died weeks after the birth of Esslinger, who said his story was kept alive by his wife Anne Junckert and the documents held by the family....
...Two weeks ago, shares in Merck’s rival Bayer dropped to their lowest level in a decade after the company abandoned a late-stage trial of a blood-thinning drug....
...Next is a plan to catapult FocalX to new heights and yes, of course, I still dance a couple of times a week....
...patricia.nilsson@ft.com...
...As part of the cuts, the government last week abruptly ended a subsidy programme for electric vehicles a year early, despite sluggish sales....
...Wednesday that €2bn of support that German authorities have pledged towards its transition was secured, questions remained over decarbonisation projects by other industrial players after a German court last week...
...The auto group last week released a one-page summary of the audit of its Xinjiang plant — which is run by its local joint venture partner SAIC, a state-owned company — and a statement from the consultancy...
...BASF’s plants in China had been increasing production in recent weeks and “we expect that it will continue”, Brudermüller said....
...Hapag-Lloyd said it had slashed services on several routes to save costs, but unlike rival Maersk, which last week announced 10,000 job cuts, said lay-offs were not on the table....
...Vitesco’s chief executive Andreas Wolf, who has been in charge of the company since 2018, two weeks ago told German newspaper Handelsblatt that the company’s investors found Schaeffler’s former bid of €91...
...BMW’s buoyant update stood in contrast to warnings from rivals, including Mercedes-Benz, which last week said profits had been hit by a “brutal” price war in electric vehicles amid waning demand....
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