Daimler slashes hours for 18K workers

Source: Dukascopy Bank SA
Daimler is set to slash working hours for nearly 18.5K employees and temporarily suspend production at two factories in Germany amid a semiconductor chip shortage that hit global car production.
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Wed, 21 Apr 2021 20:25:27 GMT

Airbus reorganises aero parts manufacturing

Airbus launched the reorganisation of its production network, with large-parts activities restructured in Germany and France, and some small-parts manufacturing hived off before the potential sale.

Thu, 22 Apr 2021 03:00:09 GMT

UiPath gets $34B valuation in NYSE debut

Automation technology startup UiPath's shares surged nearly 17% in their NYSE debut, giving the company a $34B market value.

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