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Siemens to sell drive division to KPS for $3 billion, Handelsblatt reports
Reuters· 1 day ago, opens new tab will sell its Innomotics large motors and drives division to financial investor KPS...
America’s Decline Looms. A Renewal Is Doubtful.
Bloomberg· 8 hours agoA Renewal Is Doubtful. The US may be too polarized to do the same. Previously, he was editor-in-chief of Handelsblatt Global and a writer for the...
Mercedes is pumping the brakes on development of flagship EVs
TheStreet.com· 4 hours agoGerman luxury automaker Mercedes-Benz is set to dramatically reduce its development of electric vehicles in an effort to cut its spending amidst slow sales of its current electric models. As ...
Mercedes-Benz Cancels Next-Gen Platform For EQS, EQE EVs: Report
InsideEVs· 1 day agoMercedes-Benz has reportedly canceled the next-generation platform designed specifically for the...
Russia, China and US Are in a Slow Spiral Toward War
Bloomberg· 5 days agoEvery major power today wants to get stronger to be safer, thus making its adversaries even more insecure. Previously, he was editor-in-chief of ...
Mercedes halts development of MB.EA large EV platform
Automotive News· 1 day agoInstead of the MB.EA large architecture planned for launch in 2028, the company's existing Electric Vehicle Architecture will be further developed for cost reasons, the German business newspaper ...
Mercedes stops work on MB.EA EV platform for large cars
Motor Authority· 1 day agoThe news was first reported on Monday by Germany's Handelsblatt and since confirmed by Mercedes to fellow German outlet Automobilwoche. "The pace of transformation will be ...
Report: Mercedes stops developing new platform for luxury EVs
Autocar articles via Yahoo News· 2 days agoThe new platform, planned to be launched in 2028, was earmarked to underpin successors to the...
ECB's Wunsch: First 50 bps of rate cuts close to a no-brainer
The Forex Market· 2 days agoEuropean Central Bank (ECB) policymaker Pierre Wunsch told German newspaper Handelsblatt the first...
Delayed Fed cuts could also slow ECB, Wunsch says
Reuters· 2 days agoThe European Central Bank's first two interest rate cuts are a "no brainer" but slower than expected policy easing in the U.S. could delay some of the...
