Ukraine arms industry outstrips available funding as Germany urges bilateral top-up EU loan covers only part of Ukraine arms industry needs; German proposal seeks additional bilateral pledges to fill gap …
production
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Business
Stellantis unveils European production overhaul, frees 800,000 cars for partners
by Leo Müllerby Leo MüllerStellantis to cut 800,000 annual own-brand cars in Europe, repurpose plants for third-party production Stellantis will cut annual own-brand output in Europe by 800,000 vehicles and repurpose plants for third-party …
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Business
Mercedes-Benz considers arms production as Europe ramps up defense
by Leo Müllerby Leo MüllerMercedes-Benz Arms Production Eyed as Automaker Weighs Defense Manufacturing Mercedes-Benz arms production is being considered by CEO Ola Källenius, who told The Wall Street Journal the company could play a …
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Business
Bosch announces 28,000 job cuts as it pivots away from battery production
by Leo Müllerby Leo MüllerBosch restructuring: German cuts and strategic shift as auto industry pivots to electrification Bosch restructuring prompts plans to cut about 28,000 jobs in Germany as the supplier recalibrates amid falling …
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Business
High energy prices slash production and cost 53,200 jobs in Germany
by Leo Müllerby Leo MüllerHigh Energy Prices Drive 15.2% Production Drop and 53,200 Job Losses in Germany’s Energy‑Intensive Industries High energy prices have cut output and eliminated 53,200 jobs in Germany’s energy-intensive industries; government …
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Business
Perennial Autonomy announces German production of Merops interceptor drones with Twentyfour
by Leo Müllerby Leo MüllerMunich Startup to Produce Perennial’s Merops Interceptor Drones for German and NATO Forces Munich-based Twentyfour Industries will partner with Perennial Autonomy to manufacture Merops interceptor drones in Germany, aiming to …
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Business
OECD report finds 33% agricultural production rise and widespread biodiversity losses
by Leo Müllerby Leo MüllerOECD agriculture report 2026 shows production up while farmland biodiversity falls OECD agriculture report 2026 finds 33% production rise since 1990, falling fertilizer use, rising water pressure and widespread declines …
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World
Iraq says oil production and exports can resume within seven days
by anna walterby anna walterIraq Oil Production Could Be Restored Within Seven Days Once Strait of Hormuz Crisis Eases Iraq oil production could be restored within seven days after conditions in the Strait of …
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Business
Volkswagen signals Osnabrück plant shift to military transport production from 2027
by Leo Müllerby Leo MüllerVW Osnabrück to End Volkswagen Group Production, CEO Signals Shift Toward Defence Work Volkswagen will stop producing Group vehicles at the Osnabrück plant from 2027, CEO Oliver Blume says, as …
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World
Iran bans steel exports after US-Israeli strikes cripple 70% of production capacity
by anna walterby anna walterIran bans steel exports after air strikes severely damage production Iran bans steel exports after air strikes damaged production; customs order effective April 26, 2026 suspends exports of slab, sheet …