Cheese, spirits, wine, cars and steel facing U.S. tariffs
European wine and dairy producers are facing growing uncertainty as new U.S. tariffs threaten to disrupt exports to one of their most lucrative market...
Volkswagen workers in Germany will stage warning strikes over layoffs, wage cuts, and plant closures as talks with labour union IG Metall fail to reach a resolution.
Volkswagen workers across Germany will begin warning strikes on Monday, marking the first large-scale walkouts at the automaker's domestic plants since 2018, labour union IG Metall announced.
The strikes escalate a dispute over proposed mass layoffs, wage cuts, and potential plant closures, measures Volkswagen deems necessary in response to Chinese competition and weakening demand.
Following failed negotiations, IG Metall authorised limited strikes starting early December. "If required, this could become Volkswagen's toughest collective bargaining battle," said IG Metall negotiator Thorsten Groeger.
The union criticised Volkswagen's demands, including a 10% wage cut, and rejected plant closure threats, arguing for alternatives to save costs.
Volkswagen stated its commitment to dialogue, respecting employees' right to strike while taking steps to minimise disruptions. Talks are scheduled to resume on 9 December, with unions demanding a sustainable agreement to secure the future of all German plants.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
Azerbaijan Railways CJSC signed a Memorandum of Understanding with the Chinese company 'Xi'an Free Trade Port Construction and Operation' and has opened its representative office and container terminal in the Xi'an International Port.
The UK and Japan have signed a Memorandum of Cooperation (MoC) aimed at enabling increased UK investment into Japan, further strengthening the economic ties between the two nations.
German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.
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