Daimler to reduce fixed costs

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Source: Dukascopy Bank SA
Germany's carmaker Daimler is set to trim fixed costs, R&D and capex expenditure at its Mercedes-Benz brand by over 20% by 2025 amid its intention to take its unit further upmarket.
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Wed, 07 Oct 2020 12:36:53 GMT

Adidas names new head of HR

Adidas has named ex-BNP Paribas executive Amanda Rajkuma as a new human resources head following employee complaints about racism at Germany's sportswear giant that caused the leave of Karen Parkin.

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