Chip Shortage Will Slow German Car Production At Least Until 2024

Chip Shortage Will Slow German Car Production At Least Until 2024

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The global shortage of semiconductors will limit car production in Germany “at least until 2024”. This is apparent from an analysis by the consultancy Alix Partners. The analysis shows that it takes six months to order and deliver chips. That is still twice as long as normal. Meanwhile, demand for […]

European Companies are Frantically Searching for New Emergency Loans

European Companies are Frantically Searching for New Emergency Loans

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Companies struggling with high inflation and rising operating costs desperately seek new short-term liquidity. The extent to which companies are now looking is comparable to the situation during the heyday of the corona crisis in 2020, the financial news agency Bloomberg analyzed. European companies are taking facilities that expire in […]

European Manufacturing Industry is Most Often Target of Cyber Attacks

European Manufacturing Industry is Most Often Target of Cyber Attacks

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34 percent of cyber attacks against European companies are attributable to phishing. Furthermore, the European manufacturing industry was the most frequent target of cyber attacks in 2022. It also appears that the war in Ukraine has an increasing impact on the digital security of European parties. This is according to […]

European Companies are Frantically Searching for New Emergency Loans

Economy of Euro Countries has Grown Slightly Less Than Previously Reported

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The eurozone economy grew by 0.6 percent in the second quarter compared to the previous three months, European statistics agency Eurostat reports in a new estimate. That is a slightly lower growth figure than with an initial calculation. However, the pace was higher than in the year’s first three months. […]

French Prime Minister Borne Offers to Resign, Macron Refuses

French Prime Minister Borne Offers to Resign, Macron Refuses

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French Prime Minister Elisabeth Borne has tendered her resignation to President Emmanuel Macron.   He has refused “so that the government can continue to work these days”, the Elysée announced on Tuesday morning.   The head of state will hold “the necessary political consultations (…) to find possible constructive solutions […]