Keywords: Industry
The future of several Volkswagen factories in Germany is becoming bleak as the manufacturer compares its production costs with those of its other European locations. CFO Arno Antlitz acknowledged that no economically viable replacement production has currently been identified for four German sites following......
Venezuela’s interim president Delcy Rodríguez has outlined details of a proposed long-term oil agreement with the United States, describing it as a 25-year bilateral project aimed at reviving the country’s energy sector and strengthening public revenues. According to Rodríguez,......
China’s manufacturing sector remained in contraction territory in August, marking the second consecutive month of declining activity and highlighting continued challenges facing the world’s second-largest economy. Official data released by the National Bureau of Statistics showed that the......
The Chinese industry is still struggling to regain sustainable momentum. The manufacturing sector remained in contraction territory in August for the second consecutive month, despite a rise in its activity index compared to July. With weak domestic demand, a real estate crisis, and international uncertainties,......
While Donald Trump presents the agreement with Venezuela as a historic oil operation, Caracas seeks to clarify the scope of the arrangement. Interim President Delcy Rodriguez asserts that the country retains ownership of its resources, as American announcements regarding control over part of the reserves......
Moroccan textiles continue to gain ground in the European market. Between January and May 2026, the Kingdom exported 1.052 billion euros worth of textile and clothing products to the European Union. This achievement comes at a time when European purchases in the sector are experiencing a significant......
Airbus is reportedly considering a strategic review of some of its space operations in the United States, including the possibility of selling its American satellite business. The move comes as the European aerospace group works with Thales and Leonardo on a broader plan to strengthen Europe’s......
The Chinese group Fosun, owner of Club Med since 2015, has initiated the process to introduce a new entity to the Hong Kong Stock Exchange that will bring together the French vacation village specialist and several complementary activities. This operation aims to finance the international development......
The Vasco da Gama terminal project in Sines must now contend with a profoundly transformed maritime landscape. The rise of Tanger Med and the development of Nador West Med are intensifying competition in transshipment and logistics, at a time when Portugal is preparing to revive a project valued at 700......
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