Germany pledges quick decision on first heavy arms delivery to Ukraine

BERLIN, April 25 (Reuters) – Germany will decide soon on whether to approve the delivery of 100 old Marder infantry fighting vehicles to Ukraine, a government spokesperson said on Monday, in what would be the first German heavy weapons shipment to Ukraine. German defense company Rheinmetall (RHMG.DE) has requested approval to export the vehicles to … Read more

Big business joins forces to bridge Germany’s growing skills gap

BERLIN, April 22 (Reuters) – Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs among workers of all ages as the economy shifts to clean energy and online shopping. More than 36 major companies, ranging from auto suppliers such … Read more

Tesla races ahead of rising raw material costs on price hikes

SAN FRANCISCO, April 20 (Reuters) – Tesla Inc (TSLA.O) surged past Wall Street estimates for quarterly revenue and profit on Wednesday, as the electric carmaker raised prices in response to inflation, offsetting the impact of a Shanghai factory shutdown. Tesla has been an outlier since the pandemic outbreak, posting record deliveries and earnings for several … Read more