Business & Money

BMW to slow down production due to chip shortage

June 10, 2021 admin 0

BMW will slow down car production to single-shift operation at its largest European plant in Dingolfing in Germany due to semiconductor shortages, the German carmaker confirmed to Xinhua on Wednesday. “We are monitoring the issue […]

Business & Money

Ferrari names tech industry executive Vigna as new CEO

June 10, 2021 admin 0

Iconic Italian sportscar maker Ferrari on Wednesday named technology executive Benedetto Vigna as its new chief executive officer (CEO), a move seen as evidence of the company’s commitment to remaining on the technological vanguard even […]

Business & Money

EU ready to finance landmark recovery plan

June 9, 2021 admin 0

The European Union (EU) announced last week that it would issue around 80 billion euros (97 billion U.S. dollars) in long-term bonds this year, an important step to finance its landmark recovery plan after the […]