The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
Germany
Faurecia and ZF collaborate to create the ‘cockpit of the future’ for self-driving cars
This has the potential to be a game changer for the upcoming self-driving market. In what could potentially be a significant moment for the future of smart cars for the near future, Faurecia, a France-based car parts supplier, has signed… Read More ›
One of Europe’s strongest economies still prefer the safety of cash
While many European, American and Australian respondents of the Ipsos survey conducted on behalf of ING bank website eZonomics prefer going cashless, the survey shows that Germany has recognised the dangers of slipping into a cashless society, despite its lucrative… Read More ›
Cybercrimes raises its ugly head in Germany
In 2016 German law enforcement agencies have filed 253,290 cases related to cybercrimes. As per a German newspaper, Germany’s law enforcement agencies in 2016 had registered 82,649 cases of espionage, computer fraud and other cybercrimes in 2016, an increase of… Read More ›
German manufacturing jobs safe from PSA Group’s Opel takeover deal
Brexit has placed Opel’s Vauxhall sites at a distinct disadvantage. With the PSA group’s planned acquisition of GM’s European operations, jobs, and sites are facing potential cutbacks. As per German Sunday newspaper Bild am Sonntag, the PSA Group has pledged… Read More ›
France, Germany Netherlands vulnerable to election hacking: former U.S. official Justice Department
The U.S. intelligence community has repeatedly pointed a finger at Russia for having influenced the 2016 U.S. Presidential elections and have called for a more proactive and assertive stance. As per a former official from the U.S. Justice Department who… Read More ›
Cash flow rather than volume could be GM’s next mantra
General Motor’s decision to sell its Opel brand signifies its CEO’s vision to focus on the company’s Return on Investment rather than sales volume as a measure of GM’s success. For General Motors, putting its European operations up for sale… Read More ›
Paris charms London’s bankers looking to relocate following Brexit
Although French labour and tax laws are certainly a consideration, what the bankers will also have to factor in, in their decisions for relocation is Parisian charm and finesses after all “When was the last time you took your partner… Read More ›
Trump’s protectionism is an opportunity for Germany
In an increasingly connected world closing borders and trade routes is essentially self-defeating. German officials have suggested to their government that this is a classic watershed moment to invest in deepening the country’s trade ties with Asia and South America…. Read More ›
European Banks need to defend their interest more vigorously against U.S. rivals: Deutsche Bank chairman
While Deutsche Bank has ruled out a merger or a bailout, its chairman has called for a more vigorous defence for European banks and cautioned that global banking rules, should not be lopsided. German newspaper Frankfurter Allgemeine Sonntagszeitung has cited… Read More ›
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