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Car supplier hit by slower than expected adoption of climate-friendlier new technologies, says head Hartung
Bosch to axe 1,200 roles by the end of 2026, while ZF is reviewing staff levels
Stefan Hartung’s call comes after Germany warned its companies to reduce their dependence on Beijing
...Bryan Roberts, global insight leader at grocery analytics group IGD, said rival supermarkets have long held a view that Aldi and Lidl are likely to reach between 25 per cent and 30 per cent market share...
...TSMC’s board of directors approved an equity investment of up to €3.5bn in European Semiconductor Manufacturing Company GmbH....
Warning from parts maker Bosch comes as shortage of semiconductors shows no sign of easing
...RPS Siegen GmbH, a German scrap metals business, confirmed to the FT that it had been approached about an outstanding invoice and said that it had not traded with Liberty Commodities....
...Gupta later told the FT that the company named on Friday, RPS Siegen GmbH, had only been “identified as a potential customer” and financing was provided on that basis....
...Robert Habeck, the German economy minister, said talks with Poland were now “well advanced”....
...“Gazprom Germania GmbH operates critical infrastructure in Germany and so has huge significance for the gas supply,” it said....
...Take Chelmer GmbH. Run by a man called Richard Bunning, Chelmer GmbH is a shareholder of Mezzanine IX, a Luxembourg-based investment vehicle that back in 2017 was Adler’s largest shareholder....
A European auto suppliers’ association has warned 500,000 jobs could be lost under EU plans to decarbonise transport
Bosch executive says switch underlines commuters’ desire to avoid public transport and cars
...Speculation that the target price will rise from a $2bn valuation set in a $100m funding round, led by its majority shareholder the US billionaire Ron Burkle in June last year, is based on anticipation of...
Europe’s largest auto parts supplier says bloc is overlooking other low-emission transport technologies
...We note the allegation in the story written by Robert Smith and Cynthia O’Murchu (“Questions raised over Gupta invoices”, Report, April 3)....
...Ronald Burkle is a fan....
Industrial company says it has developed a test that can deliver results in under 40 minutes
...the celebrity likes of Prince Harry and Kate Moss is planning to float on the New York Stock Exchange as soon as next month with hopes of a $3bn valuation, insiders told the FT’s Alice Hancock and DD’s Robert...
Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus
Industry forum warns of danger of relying on imports for key technology
...It’s a country with a lot of small and medium-sized entrepreneurial businesses,” says Robert Ehrenhöfer, head of corporate advisory Austria at Credit Suisse....
German group will use renewable energy and compensate for ‘unavoidable’ emissions
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