Siemens Energy site in Muelheim an der Ruhr, Germany, August 3, 2022. Wolfgang Rattay | Reuters Siemens Energy has secured 7.5 billion euros ($8.15 billion) in project-related state guarantees from the German government, hours before announcing a nearly 5 billion euro loss for its fiscal year. The German economy ministry announced late on Tuesday that
0 Comments
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images SINGAPORE — Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International
0 Comments
Israel has launched an overnight raid on Gaza’s largest medical facility – al Shifa hospital – hours after the US backed claims it was being used by Hamas fighters. Israeli forces said they entered a “specified area” of the medical complex for a “precise and targeted” operation “against Hamas“. The raid came hours after the
0 Comments
Volkswagen is moving ahead with plans to build electric vehicles in Mexico. Holger Nestler, president and CEO of Volkswagen Mexico, says the automaker will provide two investment packages to advance EV production. Volkswagen to build electric vehicles in Mexico Speaking with Forbes Mexico, Nestler said the goal is not only to produce EVs, but to
0 Comments
Suella Braverman has launched a scathing attack on Prime Minister Rishi Sunak, accusing him of abandoning secret promises and saying “your plan is not working”. The former home secretary was sacked by the prime minister on Monday following a controversial article where she accused the Met Police of bias towards pro-Palestinian protesters, and not long
0 Comments