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Germany — Business

Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket

Explosive growth in imported vehicles omitted from EV tariffs fuels concern for future of European carmakersEU imports three times more from China than bloc exports thereSales of Chinese hybrid cars have rocketed in the EU in the past four and a half years, data shows, underlining growing concerns in Brussels over the future of the European car industry.In 2022, just 659 Chinese-made fully hybrid cars (vehicles in which the petrol or diesel engine charge the motor and battery) were sold in the E…

China's new travel rules unsettle tech giants and talent

Beijing is locking the gates to stop expertise and capital in strategic industries from fleeing. The country accused of industrial-scale intellectual property theft now fears the West will take its own.

Will Germany have enough gas this winter amid energy supply crunch?

Germany's gas storage sites are far less full than in recent years. Officials say supplies are secure, but analysts warn that a cold winter or import disruptions could push prices higher. So how secure is the supply?

Germany's car crisis: Can the 35-hour workweek survive?

German carmakers want employees to work 40 hours instead of the current 35 without extra pay, arguing it would improve competitiveness. Unions strongly oppose the proposal and view it as an attack on workers' rights.

Germany faces energy tax losses as EV sales rise

The rapid shift to electric vehicles in Germany is cutting fuel tax revenue for the government. As EV sales surge, policymakers face growing pressure to find new ways to fund roads and transportation infrastructure.

Global Gender Gap Report: Women's hard-won gains 'fragile'

Two decades of progress toward gender parity is at risk as women's political representation declines, according to a new World Economic Forum report. At the current pace, the remaining gap could take 120 years to close.

Why AI researchers warn humanity could face extinction

Could artificial intelligence pose an existential threat to humanity? Some leading researchers are warning against an unregulated race toward AI superintelligence.

Germany: Is Saxony-Anhalt's economy really struggling?

Germany's far-right AfD party has long claimed that the eastern state of Saxony-Anhalt has been left behind. Is that really the case? A closer look at the data offers some interesting insights.

How Volkswagen's huge workforce became a costly burden

The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?

Is Germany's economic slump finally over?

Despite a slew of negative headlines, the German economy has posted its best figures in years. There are reasons for optimism, but structural issues remain.

Can new Apple CEO John Ternus fix the tech giant's AI woes?

John Ternus is just the third Apple CEO in 30 years. His primary challenge is to correct the company's faltering AI strategy to preserve its position as a big tech leader.