German FAZ: State implements rescue of Meyer Werft before Christmas008401

The federal and state governments are investing 400 million euros in equity capital and are temporarily taking over around 80 percent of the traditional shipyard from Papenburg. In addition, the public sector is securing bank loans worth 2.6 billion euros with guarantees. The owner family Meyer will hold around 20 percent in the coming years… Continue reading German FAZ: State implements rescue of Meyer Werft before Christmas008401

German FAZ: Election programs without oomph008400

A good two months before the early federal election, the election campaign is gaining momentum. Just in time for the vote of confidence from Chancellor Olaf Scholz (SPD) in the Bundestag, the CDU/CSU, SPD and Greens have completed their election programs. Economic policy takes up a lot of space in each case. But leading economists… Continue reading German FAZ: Election programs without oomph008400

German FAZ: Court confirms expulsion of Messari-Becker008399

According to his own press release, Economics Minister Kaweh Mansoori (SPD) separated from the non-party building physics professor in July due to off-duty “misconduct” without publicly giving a specific reason for this. According to critics, he unfairly damaged their reputation. Messari-Becker had rejected the allegations and defended himself legally. The expulsion made waves in state… Continue reading German FAZ: Court confirms expulsion of Messari-Becker008399

German FAZ: Stellantis leader with commitment to Opel008399

During the visit to Rüsselsheim on Tuesday, Elkann was accompanied by Xavier Chéreau, who is human resources manager at Stellantis and also chairman of the supervisory board at Opel. Together with Opel boss Florian Huettl, they visited the Astra production in Rüsselsheim and spoke to employee representatives. “At a time of profound industrial changes, I… Continue reading German FAZ: Stellantis leader with commitment to Opel008399

German FAZ: A second car giant could emerge in Japan008399

Japan could soon become the world’s third-largest car company, with eight million vehicles sold, close to Volkswagen’s 9.2 million. As Japanese media report, Honda and Nissan want to talk about a possible merger in view of the tough global competition in electric vehicles. The creation of a holding company under which the two car companies… Continue reading German FAZ: A second car giant could emerge in Japan008399