Business

BMW announces 8,000 job cuts worldwide as industry crisis deepens BMW job cuts of 8,000 roles will hit more than half of reductions in Germany, the company says, as wider …

Ukrainian Airstrikes Destroy Wildberries Warehouses, Triggering Supply Disruptions and Economic Warnings Wildberries warehouses hit by Ukrainian airstrikes have been destroyed, causing sharp disruptions to Russia’s largest domestic e-commerce operator and …

CGM withdraws injunction against ZF works council chairman Achim Dietrich after Ulm court expresses doubts CGM withdraws injunction application against ZF works council chairman Achim Dietrich after the Ulm labour …

Rheinmetall Q2 results: Revenue jumps 69% to €3.3 billion as order backlog exceeds €80 billion Rheinmetall Q2 results show revenue surged 69% in the April–June quarter to €3.3 billion, with …

DIW economic barometer tumbles to 91.3 as German business sentiment weakens DIW economic barometer falls to 91.3, the lowest since October 2025, as geopolitical risks, high energy costs and weak …

CGM withdraws application against ZF works council chair after court raised doubts CGM withdraws application against ZF works council chair Achim Dietrich after the Ulm labour court suggested the injunction …

Porsche job cuts: H1 2026 profit rises to €1.07bn despite falling revenue and deliveries Porsche to cut 5,000 jobs in Germany as H1 2026 revenue falls 5.1% to €17.3 billion …

BMW job cuts: CEO Milan Nedeljković unveils plan to cut about 8,000 positions globally BMW job cuts: New CEO Milan Nedeljković announces a voluntary personnel-structure program to remove roughly 8,000 …

Ford profit forecast rises to $10–11 billion after Q2 beat Ford raises its 2026 operating profit forecast to $10–11 billion after Q2 adjusted EPS topped estimates; net loss tied to …