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The Latest Breaking News from ThyssenKrupp

German Fortune 500 companies announced over 60,000 layoffs this year

German giants including Bosch, Thyssenkrupp, and Deutsche Bahn have axed thousands of jobs this year.

Fortune

Crisis-hit Thyssenkrupp Books Another Hefty Annual Loss

Once a symbol of German industrial might, Thyssenkrupp has suffered as high manufacturing costs at home, falling prices for its products and fierce competition from Asian rivals hammered its traditional steel business.

International Business Times

Thyssenkrupp Warns Nearly 30,000 Steel Workers To Prepare For 'Tough Cuts'

The alert came after a Thursday management shake-up in the German conglomerate's steel division

International Business Times

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Aussies join fight to clean up world's 'dirty' ships

The outlook for green methanol to replace emissions-dirty shipping fuel is bright, as the inking of a new multi-billion dollar deal in Australia shows.

AAP

One of the world's largest steel makers has been hit by a cyberattack — and its automotive division had to shut down to contain it

ThyssenKrupp confirms attack, saying its automotive department was forced offline.

TechRadar

Thyssenkrupp Steel Workers Caution Against Major Restructuring

Thyssenkrupp steel workers express concerns over proposed restructuring, emphasizing transparency and employee well-being in the face of market challenges.

Top News

Woman's death in lift: Noida police lodges FIR against society's maintenance firm, office-bearers, lift maker

Noida police lodge FIR against maintenance firm, residents' body & ThyssenKrupp for negligence leading to 72-yr-old's death in lift free fall.

The Hindu

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India picks Germany to supply new submarines as Russian arms exports wane

Germany will build six submarines for the Indian Navy in its largest weapons deal with the South Asian country in 42 years. It makes Germany the latest Western nation to nibble at India's vast arms import market as supplies of Russian weapons dry up.

Radio France Internationale

CEO of Germany's Thyssenkrupp to step down, shares hit

Frankfurt (Germany) (AFP) - Thyssenkrupp's chief executive Martina Merz is stepping aside early, the German industrial giant said Monday, in a surprise announcement that sent the company's shares into a nosedive.

AFP

LSB Industries Picks Bloom Energy To Build 10 MW Solid Oxide Electrolyzer

Bloom Energy (NYSE:BE) and LSB Industries, Inc (NYSE:LXU) plan to install a 10 megawatt (MW) solid oxide electrolyzer at LSB’s Pryor, Oklahoma facility. The project is expected to generate green hydrogen that will contribute to the synthesis of ~13,000 metric tons of zero-carbon ammonia per year. When integrated with high-temperature processes, Bloom’s electrolyzer is up…

Benzinga

Revealed: Hundreds of millions in UK taxpayers’ money handed to companies still operating in Russia

Exclusive: British government accused of indirectly helping to fund Putin’s war with £294m contracts

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