KTM parent Pierer Mobility cuts an additional 200 jobs
The Upper Austrian Pierer Mobility (formerly KTM Industries) of industrialist Stefan Pierer is expanding due to a drop in sales in the third quarter additional 200 jobs ab. The Job…
Israeli Energy Company Signs $1.5 Billion Deal With Google
Israeli company Energix Renewable Energies, which specializes in the construction of solar and wind power plants, announced the signing of a tax partnership agreement with Google. The Green Energy Tax…
Capital injection from Porsche and Tojner
At the struggling battery company Skewer has apparently taken a decisive step towards the restructuring of the company. According to a press release on Saturday, the creditors and the Austrian…
UAE ranks sixth globally in optimism about artificial intelligence
The UAE ranked sixth globally in optimism about artificial intelligence, according to a global survey conducted by IFS, an enterprise cloud software company. More than 1,700 senior decision makers from…
Battle for credit cards
Natural conflicts of interest arise in the shareholder structure of the Card Complete Group. The majority owner with 50.1 percent is UniCredit Bank Austria, 25 percent is held by Raiffeisen…
Mineral water treatment: Nestlé targeted by an investigation into illegal drilling in France
New embarrassing revelations. Nestlé Waters, the subject of a preliminary investigation opened by the Épinal prosecutor’s office for deception, is also the subject of another investigation for operating drilling without…
Boeing begins certification of its new 777-9 aircraft
Boeing has begun long-delayed certification flight testing of its 777-9 with U.S. aviation regulators, the aircraft maker said in a statement. The company said it made its first flight on…
Harjavalta’s battery material factory is allowed to start operating
Battery industry|The Administrative Court rejected the majority of environmental organizations’ appeals. However, before starting operations, the company must ensure that the wastewater is treated in an adequate manner. Administrative Court…
Vietjet signs cooperation agreement to increase Vietnam – Laos air connectivity
Vietjet and the Lao Ministry of Public Works and Transport signed a cooperation agreement to enhance air connectivity in the capital Vientiane, July 11. The signing ceremony took place within…
The Nvidia drug also made Finnish investors open their wallets – Neste is another favorite stock of June
Finnish private investors bought diligently in June, especially those that have fallen drastically this year Liquid and the hottest name in the world stock market, an American chip designer Nvidiasays…
Hypo predicted deflation in Finland – economists give two reasons why it won’t happen
Deflation|Hypo estimates that Finland’s inflation may temporarily go negative in the fall. Nordea and the OP group have a different assessment The summary is made by artificial intelligence and checked…
Belgium’s oldest weaving mill lays down books, about 80 jobs on the slope (Ghent)
Calcutta-Annabel, the oldest weaving mill in Belgium, has closed its doors. About 80 jobs at Calcutta in Sleidinge and Annabel Textiles in Mariakerke are therefore at risk. The Christian trade…
Iran’s double game: cooperates with Turkey, but sells weapons to the Kurds
Turkey’s relationship with Iran has been blossoming in recent months, it seems, and both countries are joining hands in criticizing Israel. But in the past week, a reason for severe…
Apple faces another billion-dollar fine in the EU
The EU Commission wants to file lawsuits against the US technology companies before the summer Apple and Meta to limit their market power, report the Financial Times and the Reuters…
Tesla: shareholders approve Elon Musk’s mega compensation
“Tesla’s two shareholder resolutions are currently adopted by a large majority! “, wrote Elon Musk on Wednesday evening in the United States, referring to the resolutions aimed at approving his…
Vietnam surpasses the Philippines to take the lead in banana exports to China
In the first four months of the year, Vietnam surpassed the Philippines to become the leading country exporting bananas to China, with a volume of nearly 355,000 tons, an increase…
Valencia joins the list of municipalities that promise to put a stop to mass tourism and holiday apartments
Valencia City Council approves today in plenary penultimate municipal moratorium in Spanish cities to put a stop to the unstoppable rise of tourist flats. In the Valencian capital, commercial premises…
The SGAE wants to shelve lawsuits and scandals
Cristina Perpiñá-Robert (Barcelona, 1969) directs the General Society of Authors and Editors (SGAE), an institution that seems to have put the scandals at bay, which have not left the modernist…
Prices ease and the recession-employment combo tightens
Finally, the news arrived that Javier Milei was waiting for or, if you prefer, the dose of oxygen that he needed and needs, squeezed by the fall in real wages,…
Volkswagen was hacked for years, probably by Chinese cyber spies
The global IT system of Volkswagen, Europe’s largest car manufacturer, has been hacked for years. This is evident from internal documents that Paper Trail Media, Der Spiegel and ZDF shared…