Porsche subsidiary closures: Stuttgart maker to close three units and affect roughly 500 jobs Porsche subsidiary closures will shutter Cellforce, eBike Performance and Cetitec, affecting around 500 employees as the …
Closure
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Business
Germany fertility crisis prompts Dresden to propose closure of 33 childcare centers
by Leo Müllerby Leo MüllerDeclining birth rates force Dresden to cut 33 day-care centres as Germany confronts historic baby slump Declining birth rates in Germany force daycare cuts and threaten long-term growth; experts cite …
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World
UN Secretary-General warns Strait of Hormuz closure is strangling global economy
by anna walterby anna walterUN warns Strait of Hormuz closure is “strangling the global economy” UN chief Antonio Guterres warns the Strait of Hormuz closure is strangling the global economy, prolonging supply-chain disruptions and …
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UAE to consider closing US bases after senior commentator calls them a “burden” UAE closing US bases emerges as a policy debate after a senior Emirati commentator urged withdrawal, citing …
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Business
Lufthansa announces Cityline closure during centenary amid strikes and kerosene shortages
by Leo Müllerby Leo MüllerLufthansa’s 100th Anniversary Overshadowed by Strikes, Jet-Fuel Shortages and Cityline Closure Lufthansa’s centenary celebration in Frankfurt was disrupted by cabin-crew and pilot strikes and growing jet-fuel concerns, as the EU …
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Business
Lufthansa accelerates Cityline closure, grounds 27 regional jets amid kerosene price surge
by Leo Müllerby Leo MüllerLufthansa Cityline to be grounded this Saturday as fuel costs and strikes force early shutdown Lufthansa speeds Cityline shutdown, grounding 27 regional jets from Saturday amid rising jet-fuel costs and …
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Business
Lufthansa Announces Cityline Closure and Withdraws 27 Aircraft Amid Strikes
by Leo Müllerby Leo MüllerLufthansa ends Cityline operations as strikes overshadow 100th anniversary Lufthansa ends Cityline operations amid 100th‑anniversary strikes, grounding 27 aircraft and trimming short‑haul capacity as unions battle over pensions. The company …