VW averts closures, announces workforce reductions
Volkswagen announced on Friday a comprehensive restructuring plan that includes 35,000 future job cuts and reduced…
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Chancellor Olaf Scholz
Germany’s Scholz proposes major modernisation fund
Chancellor Olaf Scholz has proposed a €100 billion ($106 billion) investment fund to drive Germany’s modernisation…
European shares up as BoE cuts interest rate
European stocks rose on Thursday after the Bank of England announced an interest rate cut.