Volkswagen Faces Major Strikes in Germany Amid Wage Disputes and Plant Closure Concerns
Dec 2, 2024
Volkswagen (VW) workers across Germany launched massive strikes on Monday, marking the company’s most significant labor disruption since 2018. Tens of thousands of employees at nine of VW’s ten German plants participated in the walkouts, organized by the IG Metall labor union. What
Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring
Nov 19, 2024
Thyssenkrupp, the German industrial giant, saw its shares jump nearly 8% on Tuesday after reporting a reduced net loss and announcing a €1 billion impairment on its Steel Europe division. Key Financial Highlights: CEO Miguel Lopez highlighted that the upcoming fiscal year will