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Today: March 21, 2025
Today: March 21, 2025
Andrey Sychev

Andrey Sychev

Staff Writer

Latest From Andrey Sychev

Business|Economy|Europe|Stock Markets

VW's Traton sees tepid truck market in 2025, shares fall

A cautious sales outlook for the commercial vehicle market in 2025 amid a weak global economy sent shares of Volkswagen's truck unit Traton falling on

VW's Traton sees tepid truck market in 2025, shares fall
Business|Economy|Europe|Finance|Stock Markets|US

Continental shares tumble on bleak 2025 autos outlook

German automotive parts supplier Continental expects a weak year for the market in 2025, and has yet to assess the potential impact of new U.S

Continental shares tumble on bleak 2025 autos outlook
Election|Europe|Political

Germany's far-right AfD is shut out from power for now, but waiting in the wings

"Alice fuer Deutschland" (Alice for Germany) chanted supporters as far-right leader Alice Weidel addressed an election rally outside

Germany's far-right AfD is shut out from power for now, but waiting in the wings
Election|Europe|Political

What kind of coalition government could Germany have after the election?

Germany may face months of uncertainty after the CDU/CSU conservative bloc won the national election but with no clear option for forming a

What kind of coalition government could Germany have after the election?
Election|Europe|Political

German parliament backs resolution on migration with far-right votes

Germany's opposition conservatives won parliamentary approval on Wednesday for a proposal to drastically restrict migration with the

German parliament backs resolution on migration with far-right votes
Election|Europe|Political|World

Russia-linked AI websites aim to dupe German voters, study finds

Fact-checking firm Newsguard and German investigative outlet Correctiv said on Thursday they had identified a cluster of Russia-linked websites that were spreading

Russia-linked AI websites aim to dupe German voters, study finds
Business|Election|Europe|Finance|Political

German executives rally behind warning against 'Wolf of Wall Street' machismo

A LinkedIn post by the CEO of German asset manager DWS warning against growing "anti-woke" rhetoric has sparked a wave of support from other executives ahead of a national

German executives rally behind warning against 'Wolf of Wall Street' machismo
Crime|Europe|US|World

Germany arrests two for alleged military sabotage plot on behalf of Russia

Two German-Russian nationals have been arrested in Germany on suspicion of plotting sabotage attacks, including on U.S. military facilities, in

Business|Economy|Finance

Analysis-HelloFresh investors struggle to swallow strategy revamp

HelloFresh needs to cut costs and stem an exodus of meal-kit subscribers to boost profits and revive its share price, according

Analysis-HelloFresh investors struggle to swallow strategy revamp
Asia|Crime|Europe|News|Technology|World

Germany arrests three people suspected of giving technology to China

Three Germans have been arrested on suspicion of working with the Chinese secret service to hand over technology that could be used for military

Germany arrests three people suspected of giving technology to China
Business|Europe|Finance|Stock Markets

BMW says costs, low used car prices to weigh on 2024 pre-tax profit

BMW said on Wednesday it expects a slight drop in pre-tax profit this year due to higher research and development, manufacturing and personnel costs,

BMW says costs, low used car prices to weigh on 2024 pre-tax profit
Economy|Europe|Travel

Tour giant TUI expects bright summer despite higher prices

Europe's largest tour operator TUI forecast strong summer season demand on Wednesday, despite higher prices, after reporting stronger-than-

Tour giant TUI expects bright summer despite higher prices
Business|Economy|Finance|Stock Markets|Technology

Under pressure in China, Mercedes trims profit outlook

Mercedes-Benz lowered its annual profit margin forecast after weak second quarter sales and earnings on Friday but expects new models to help it battle stiff

Under pressure in China, Mercedes trims profit outlook
Europe|News|World

Exchanged prisoner Yashin condemns his 'illegal expulsion' from Russia

Ilya Yashin, a Russian opposition activist freed from jail in Thursday's prisoner swap, pledged to carry on his political

Exchanged prisoner Yashin condemns his 'illegal expulsion' from Russia
Business|Finance|Technology|US

Adecco CEO says US tech hiring has likely bottomed out, but no upturn yet

Global staffing firm Adecco said on Tuesday that falling hiring volumes in the U.S. tech sector had probably hit a trough, a day after investor concerns triggered a

Adecco CEO says US tech hiring has likely bottomed out, but no upturn yet
Business|Economy|Finance

Continental promises stronger second half as cost-cutting measures sink in

Continental delivered better-than-expected results on Wednesday and said the second half of the year would be even stronger as cost-cutting

Continental promises stronger second half as cost-cutting measures sink in
Business|Europe|Technology

Truckmakers say they are ready to go electric, but what about charging?

Major manufacturers, such as Daimler Truck and Traton, displaying their trucks at a transportation fair in Hanover this week say they

Truckmakers say they are ready to go electric, but what about charging?
Business|Economy|Finance|Stock Markets|Technology

BMW and Mercedes quarterly sales drop on weak China

Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday.

BMW and Mercedes quarterly sales drop on weak China
Asia|Business|Economy|Finance

Mercedes to step up cost cuts after earnings halve

Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday.

Mercedes to step up cost cuts after earnings halve
Business|Finance|Stock Markets

VW demands 10% wage cuts to save jobs as profits plunge

Volkswagen asked its workers to take a 10% pay cut on Wednesday, arguing it was the only way that Europe's biggest carmaker could

VW demands 10% wage cuts to save jobs as profits plunge
Business|Economy|Finance|Food

Barry Callebaut sees a second year of flat sales volumes on high cocoa prices

Swiss chocolate maker Barry Callebaut posted annual profit growth as it managed to pass on surging cocoa prices to customers, but said it expects a second straight year of

Barry Callebaut sees a second year of flat sales volumes on high cocoa prices
Business|Economy|Europe|Finance|Stock Markets

Volkswagen shares fall as markets struggles to digest unions deal

Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely

Volkswagen shares fall as markets struggles to digest unions deal
Business|Celebrity|Election|Europe|Political

Elon Musk says German chancellor should resign after attack at Christmas market

Billionaire Elon Musk, set to join U.S.

Elon Musk says German chancellor should resign after attack at Christmas market
Crime|Europe|World

Driver kills at least two after ramming into crowd at German Christmas market

A driver rammed a car into a large crowd of revellers at a Christmas market in central Germany on Friday evening, killing at least two people and injuring

Driver kills at least two after ramming into crowd at German Christmas market
Business|Economy|Europe

European car sales fall in November, led by France and Italy, ACEA says

New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and

European car sales fall in November, led by France and Italy, ACEA says

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