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German business leaders want US travel restrictions lifted | Business| Economy and finance news from a German perspective | DW

German business leaders want US travel restrictions lifted | Business| Economy and finance news from a German perspective | DW
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Environmental Concerns Will Take Center Stage at K 2022

Environmental Concerns Will Take Center Stage at K 2022
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Economic Watch: Chip shortage hits European manufacturing industry amid recovery - World News

2021-05-12 04:35:39 GMT2021-05-12 12:35:39(Beijing Time) Xinhua English
FRANKFURT, May 12 (Xinhua) A global shortage of semiconductor chips is taking its toll on the European manufacturing industry, hindering the sector s recovery and pushing Europe to rethink its supply chain strategy.
Automakers are among the worst hit, as chips are now vital for everything from a car s battery system to in-car computer features. Several car makers in Europe have recently curtailed or halted production after failing to secure crucial components.
German automaker Daimler in late April sent employees on short-time work and temporarily halted production at two plants in Bremen and Rastatt due to chip delivery bottlenecks. Audi later also partially stopped production at its Neckarsulm site. ....

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German shares unchanged at the start of trading on Thursday

German shares unchanged at the start of trading on Thursday
Xinhua
06 May 2021, 20:30 GMT+10
BERLIN, May 6 (Xinhua) German stocks were almost unchanged at the start of trading on Thursday, with the benchmark DAX index losing 0.01 points, opening at 15,170.77 points.
The biggest winner among Germany s 30 largest listed companies at the start of trading was pharmaceutical company Merck, increasing by 1.27 percent, followed by carmaker BMW with 0.95 percent and chemical and pharmaceutical giant Bayer with 0.84 percent.
Shares of Allianz fell by 3.72 percent. The German insurance company was the biggest loser at the start of trading on Thursday.
New orders in Germany s manufacturing sector in March grew by 3.0 percent from the previous month, up 27.8 percent year-on-year, the country s Federal Statistical Office announced on Thursday. ....

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Fraunhofer ISE supporting 5GW integrated PV manufacturing plant in Spain

Fraunhofer ISE supporting 5GW integrated PV manufacturing plant in Spain
April 20, 2021
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Dr. Jochen Rentsch, Head of Department Production Technology: Surfaces and Interfaces at Fraunhofer ISE said, “We are delighted that Greenland has chosen us as their partner for selecting the starting technology. We will also support Greenland through the ramp-up and further technological development.” Image: Fraunhofer ISE
A start-up company from Spain, called Greenland, is to build an operate a 5GW highly automated and integrated PV manufacturing plant in the free trade zone of the port of Seville in the Andalusian region of Spain with support from Fraunhofer ISE and factory automation and engineering firm, Bosch Rexroth. ....

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