Productivity losses
Europe's economic foundation is falling apart
The productivity of Europe's economy has fallen dramatically in recent years. The result is a continuing loss of growth. Without a large-scale investment offensive, our prosperity will crumble, warns the McKinsey Global Institute.
Frankfurt, April 03, 2024, 1:56: Uhr
Autonomous robots assemble a BMW X model in Greer, South Carolina/USA. BMW has now invested in Figure.AI, a manufacturer of humanoid robots with artificial intelligence, which can significantly expand the range of applications in production.
Charles Mostoller/REUTERS
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Nürnberger posts losses and slashes dividend
Nürnberger Versicherung has posted the biggest consolidated loss in its corporate history, going 77 million euros into the red. It has drastically cut back on the upcoming dividend payout.
Plans to ramp up deep sea mining activities
Deep-sea mining could alleviate or even eliminate the forecast needed for the transition to a net-zero world. Consultants Roland Berger have conducted a study on industry plans for commercial production.
Bigger scale ambitions are needed
The fact that four universities in the Rhine-Main region are joining forces to strengthen the regional start-up scene is a nice idea. However, a look at the numbers by national and international comparison shows that more ambition is needed.
Germany losing ground in high tech
China and India are increasingly gaining a foothold in cutting-edge technology, and catching up with the industrialised countries. A UN Trade and Development (Unctad) study looks at how AI is likely to reshape the global economy.
Gerresheimer's multi-billion euro takeover might fall through
Gerresheimer's stock plummeted last Friday in response to KKR's withdrawal from the consortium of bidders for the pharmaceutical packaging company.
Bayer Pharma has six „blockbuster candidates“ at the start
Stefan Oelrich, Member of Bayer's Board of Management and Head of the Pharmaceuticals Division, is confident about the development pipeline. As one important patent expires, he points to a range of new products that will generate big sales.
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