Savings banks abolish expensive pensions for board members

Frankfurt It’s almost a ritual. Every time a high-ranking savings bank official speaks up, he complains about the European Central Bank’s policy of negative interest rates. “The low and negative …

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Amazon is closing its own bookstores

New York Amazon’s farewell comes as a surprise. On Wednesday evening, the Seattle-based world leader in e-commerce announced that it intends to close all of its own physical bookstores, four-star …

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Nvidia, Google, Amazon: Showdown in the auto industry: Tech companies absorb the profits of Mercedes, BMW and VW – Handelsblatt

Nvidia, Google, Amazon: Showdown in the auto industry: Tech companies suck up the profits of Mercedes, BMW and VW Handelsblatt Autonomous driving – Mercedes makes NVIDIA rich: Insider: Mercedes has …

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Auto parts supplier takes over robotics company Melior Motion

Munich The rolling bearing specialist Schaeffler has big plans in robotics. The Herzogenaurach group announced the takeover of Melior Motion GmbH on Monday. “We have identified robotics as a global …

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