- The US auto giant will cut 3,200 jobs in the European country.
Spokesman of IG Metall union told that the cuts will be mainly in Cologne, where Ford has a major plant, but all sites across Germany are threatened
Ford's German workers can continue to develop successful electric models for Europe if given the chance, the union said
- The Tesla chief returned to the witness stand to answer questions from lawyers for angry investors who accuse him of...
The fraud trial of Musk revolves around a pair of tweets in which Musk said "funding secured" for a project to buy out the Tesla private
Musk attorney Alex Spiro said that even though the tweets may have been a "reckless choice of words", they were "not fraud, not even close."
- Manama, Bahrain--This week’s $186 million issue of government treasury bills has been oversubscribed by 208%. The bills, carrying a maturity...
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the government of Bahrain
The weighted average rate of interest is 5.84% compared to 5.88% of the previous issue on January 18
- Algiers, Algeria--Italian Prime Minister Giorgia Meloni agreed Monday to strengthen energy cooperation with Africa's top gas exporter Algeria, the latest European...
Italy has increasingly looked to Algeria, historically its second-biggest supplier via a pipeline through Tunisia and under the Mediterranean Sea, to help reduce that dependence
Meloni said that Italy is "inevitably the gateway for access for this energy and for Europe's supply"
- Agile brands, especially luxury ones with sizeable marketing budgets, have readily tapped into the metaverse, creating exclusive NFTs and new...
Agile brands, especially luxury ones with sizeable marketing budgets, have readily tapped into the metaverse, creating exclusive NFTs and new revenue streams, says an expert
To thrive in the next development cycle, brands need to be prepared for and resilient in the face of adversity, and the pandemic has provided both, adds Atul Hegde, Founder of YAAP
- Iraq's prime minister said the country's central bank governor had been relieved of his duties as the local currency continues...
Analysts and officials say the drop in value coincides with efforts to make Iraq's banking system compliant with the international electronic transfer system.
Banks in the oil-rich country have an estimated US$100 billion in funds held at the US Federal Reserve.
- The Minister of Municipal and Rural Affairs and Housing Majid bin Abdullah Al-Hogail, who inaugurated the second edition of the...
The agreements were signed in real estate development and building technologies, and the establishment of four investment funds.
Participants from more than 30 countries and 100 speakers representing the public and private sectors will attend the forum.





















