German corporate bankruptcies hit 21-year high

World : Japan H1 Corporate Bankruptcies Surpass 5,000 For 1st Time In 12 Years

TOKYO, July 8 (Bernama-Xinhua) -- Corporate bankruptcies in Japan involving liabilities of at least 10 million yen (around US61,600) climbed 7.1 per cent in the first half of 2026 from a year earlier, reaching 5,346 cases and surpassing 5,000 for the first time in 12 years, a credit research company survey showed Wednesday, reported Xinhua.

German politicians vow to stop VW’s mass layoff plan

The giant automaker's planned cuts are among the clearest signs yet of Germany's industrial decline.

Weak Yen Drives Surge in Japanese Bankruptcies During First Half of 2026

Forty-five Japanese companies went bankrupt during the first half of 2026, citing the weak yen as a key factor behind their financial collapse. This marks the highest figure recorded for a first half since 2022. Bankruptcies Rise Sharply The total represents a 32.4 percent increase from the 34 companies that failed during the first half of 2025 and is 27 companies higher than the figure recorded in 2023. The increase comes as the yen once again traded above 162 per U. S. dollar this week, its weakest level since 1986.

Volkswagen joins other German carmakers with job cuts, restructuring

Volkswagen joins other German carmakers with job cuts, restructuring

VW wants deeper cuts. Workers could stand in the way | DW News

Volkswagen management has big cost-cutting plans, with reports putting 50,000 more jobs and four production sites in Germany on the chopping block. But unions, workers and politicians have a say -- and it's considerable. #dwbusiness For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

Volkswagen stock is sinking to its lowest level in more than 15 years

Shares in the German automaker fell nearly 2 in Frankfurt trading after reports of a restructuring plan twice the scale of its existing cuts

German commercial property financing sentiment plunges, survey shows

German commercial property financing sentiment plunges, survey shows

German carmakers embark on historic job cuts as Chinese rivals flood market

Threat to industrial model of Europe’s largest economy mounts

Volkswagen Is Germany’s Warning

I have been saying for years that Germany was committing economic suicide. People thought Germany’s manufacturing base was untouchable. They believed German engineering alone would overcome every political mistake. That was always nonsense. No company, no matter how great, can survive if politicians deliberately make it impossible to produce competitively. Now even Volkswagen is admitting []

Volkswagen weighs up to 100,000 job cuts, sources say

Volkswagen is considering shutting four German factories and ramping up job cuts to as many ‌as 100,000, two people familiar with the matter said, in what could be the biggest overhaul in the carmaker's history. #Volkswagen #automobile #cars #jobs #News #Reuters #Newsfeed Read the story here: https://reut.rs/4eIJm39 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Where Will TJX Companies' Stock Be in 1 Year?

Is there still upside for stock investors?

German car industry braces for more plant closures and job cuts

German car industry braces for more plant closures and job cuts

German industrial orders rebounded in May

GERMANY: Industrial orders increased in May, fuelling hopes of at least a gradual recovery in German industry

Zalando Shares Slump After German Regulator Opens Probe Into Accounts

Shares fell—wiping out most of the stock’s gains this year—after Germany’s financial regulator launched an audit of the company’s financial statements

Forgetting the Holocaust and the Battle for the Soul of Germany

Germany’s post-war identity was built around remembering its crimes. What happens now that the memory is fading?

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the largest contraction in postwar German history. IG Metall and works council jointly called it an attack on Germany's social peace, with Lower Saxony's blocking vote threatening to upend the plan.

German politicians duped into thinking a new subsidy scheme only benefits Chinese electric vehicles

A previous German electric vehicle subsidy scheme massively benefited Volkswagen, which had invested heavily in expensive cars that only the rich could afford. Now it's set to cut 100,000 jobs and close four factories in Germany.

Volkswagen Layoffs: Automaker To Cut 1,00,000 Jobs and Close 4 German Plants, Says Report

Volkswagen AG is considering cutting up to 1,00,000 jobs and closing four German factories to boost competitiveness. Volkswsagen CEO Oliver Blume’s restructuring plan aims to reduce overhead costs by EUR 11 billion. Labor unions have vowed to strongly oppose the proposals, citing concerns for the workforce and regions.

Saks' Parent Exits Bankruptcy With New Name, Fewer Stores

Saks Global is shedding bad debt and emerging from bankruptcy with a high-end focus and a new name, Exemplar Luxury Group. Five months after declaring Chapter 11 bankruptcy, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman...

Germany Plans €800 Bln Borrowing Spree to Fund Defence Overhaul

Germany is preparing to borrow more than 800 billion by 2030 in a historic shift away from decades of fiscal restraint, as Berlin dramatically increases defense spending in response to mounting security challenges across Europe, according to the Financial Times.

Volkswagen to slash half of its models as sales fall

The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and sophisticated electric vehicles.

German industrial output rises more than forecast

German industrial output rises more than forecast

Volkswagen plans to cut 100,000 jobs, shutter four German plants, report says

BERLIN: Volkswagen AG plans to eliminate 100,000 jobs and end production at four German plants over the coming years, according to a report published Friday, a move that would mark the most radical restructuring in the automaker’s 89-year history. The plan, reported by Manager Magazin, would see Europe’s largest automaker shed roughly 15 of its ... Read more The post Volkswagen plans to cut 100,000 jobs, shutter four German plants, report says appeared first on BOL News.

The Bancorp: Shares Need To Come Down

The Bancorp: Shares Need To Come Down

Volkswagen CEO Blume Pushes for Deep Cost Cuts

Volkswagen AG Chief Executive Officer is trying to convince the carmaker's supervisory board about his plan for a sweeping restructuring that could ultimately eliminate as many as 100,000 jobs and close four German factories. Bloomberg's Stefan Nicola reports. (Source: Bloomberg)

Volkswagen plans up to 100,000 job cuts, considers closing four German factories

Volkswagen is contemplating the closure of four German factories and up to 100,000 job cuts due to intense competition from Chinese automakers.

Factory job cuts near financial crisis and Covid levels...

Factory job cuts near financial crisis and Covid levels... (First column, 3rd story, link) Drudge Report Feed needs your support! Become a Patron

Volkswagen Layoff Plan Could Put Four German Plants and 100,000 Jobs at Risk

Volkswagen is reportedly weighing a much deeper restructuring plan that could include up to 100,000 job cuts and the closure of four German plants, according to Reuters reporting on the automaker’s internal discussions.

Homeplus temporarily closes outlets starting Monday

SEOUL, July 13 (Yonhap) -- Financially troubled discount store chain Homeplus Co...

Volkswagen planning to cut up to 100,000 jobs globally

The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.