EU Approves €659 Million in German Semiconductor Subsidies, Majority for Aachen Fab EU approves €659m German semiconductor subsidies to back new fabs in Aachen and Itzehoe, with clawback rules and …
production
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Business
On Running admits quality problems over Swiss branding and Asian production
by Leo Müllerby Leo MüllerOn Running Admits Quality Problems Amid ‘Made in Switzerland’ Dispute On Running admits quality problems, with a founder apologizing and the company promising tighter production oversight and clearer ‘Made in …
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World
UAE oil production surges to record 4.1 million bpd after OPEC exit
by anna walterby anna walterUAE oil production hits record 4.1 million bpd in June as Abu Dhabi exits Opec UAE oil production hit a record 4.1 million barrels per day in June after Abu …
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Technology
Meta memo reveals September production start for Iris AI chips
by Helga Moritzby Helga MoritzMeta’s Iris AI Chips Set for September Production After Smooth Tests Meta’s Iris AI chips are set for production in September after a six-week internal test found no major issues, …
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Business
German industrial production rises 0.9% in May as auto sector jumps 3.6%
by Leo Müllerby Leo MüllerGerman Industrial Production Climbs 0.9% in May, Autos Lead Recovery German industrial production rose 0.9% month-on-month in May 2026, driven largely by a 3.6% jump in the automotive sector, the …
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Business
Toyota shifts $3.6 billion truck production from Mexico to US
by Leo Müllerby Leo MüllerToyota shifts truck production to the USA as Microsoft cuts jobs and TKMS eyes big Canadian submarine deal Toyota shifts truck production to the USA in a $3.6B move, while …
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Business
OPEC+ announces modest August production increase of 188,000 barrels per day
by Leo Müllerby Leo MüllerOPEC+ to Raise Oil Output by 188,000 Barrels per Day in August OPEC+ will expand oil production in August by 188,000 barrels per day, the group announced, a measured increase …
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Business
Porsche announces Cayenne production move to Leipzig requiring wage cuts
by Leo Müllerby Leo MüllerCayenne production in Leipzig: Porsche to move electric SUV from Bratislava as workers accept pay cuts Porsche to shift Cayenne production in Leipzig from Bratislava to use plant capacity; workers …
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Business
Tesla Announces Grünheide Production Boost to Create 1,000 New Jobs
by Leo Müllerby Leo MüllerTesla to raise output at Grünheide plant to 7,500 cars/week, creating 3,500 jobs Tesla to raise output at its Grünheide plant to 7,500 cars/week in Oct 2026, adding 1,000 jobs; …
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Business
Nicotine pouch production eyed in Germany as BAT pledges investment
by Leo Müllerby Leo MüllerBAT offers to make nicotine pouches in Germany if rules and taxes change BAT signals readiness to produce nicotine pouches in Germany, citing widespread smuggling, an estimated €500m tax loss …