SK Hynix ADR filing could raise $29 billion in largest-ever US secondary listing SK Hynix ADR filing eyes a $29bn US secondary listing to fund chip capacity expansion and attract …
production
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Business
Germany agrees 40 percent stake in KNDS to secure Leopard 2 production
by Leo Müllerby Leo MüllerGermany to take 40% stake in KNDS to secure Leopard 2 production and defence sovereignty Germany to take a 40% stake in KNDS, securing Leopard 2 production as Berlin prepares …
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Politics
Ukraine warns EU loan funds only 60 percent of weapons production
by Hans Ottoby Hans OttoUkraine 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 …
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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 …