globalization

European Companies Growing More Wary of Investing in China

5 months ago

According to a recent study conducted by consulting firm Ernst & Young, European companies are increasingly expressing concerns about their investments in China. The data shows that many entrepreneurs are beginning to rethink their long-term strategies in light of changes in the political and economic landscape of the country.

Volkswagen Considers Closing Factories in Germany

5 months ago

German automaker Volkswagen is faced with a challenging situation regarding the potential closure of some of its factories in Germany. Amid economic challenges and changing demands for vehicles, the company’s management has begun contemplating restructuring its manufacturing capabilities, which includes cost optimization and adaptation to new market conditions. This information has emerged against the backdrop of tense negotiations with labor unions and fears of possible job cuts.