Indrabati Lahiri
Business
Volkswagen talks over future of plants and jobs at a 'stalemate'
Workers at the car giant have been taking industrial action following VW's revelations about the possibility of closing German plants and axing thousands of jobs. Volkswagen is struggling with falling sales in Europe, high labour costs and excess capacity.
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Economy
Central and Eastern European clean tech exports on track to triple
Poland, Bulgaria, Croatia and Romania are on track potentially to rapidly scale up their clean tech exports, which could go a long way in helping the EU meet its net zero 2050 target, as well as increase its global competitiveness.
Business
Italian deputy PM blames Agnelli family for Stellantis problems
Matteo Salvini, Italy's deputy prime minister and minister of infrastructure and transport, has criticised the Agnelli family over car maker Stellantis' problems, as the company continues to struggle with weaker sales and falling demand.
Business
Pershing Square Holdings to delist from Amsterdam after football riots
The hedge fund's decision to delist from Euronext Amsterdam and use the LSE alone comes after star trader Bill Ackman on X last month advocated delisting on moral, as well as financial, grounds following the antisemitic violence against Israeli football supporters at a match in Amsterdam.
Economy
Spain's manufacturing growth for November hit by Valencia flooding
Although manufacturing growth in Spain rose at a slower rate in November because of flooding, it was still above the key 50 level. Turkish manufacturing demand inched up but German and French figures failed to offer seasonal cheer.
Economy
How Germany is planning to invest €2 billion in its chip industry
The German government has said that it would be investing billions into the country’s domestic semiconductor sector, in an attempt to strengthen Germany’s global competitiveness, and reduce dependence on countries such as China and the US.
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