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The Latest Breaking News from ThyssenKrupp

Global firms ‘profiting from genocide’ in Gaza, says UN rapporteur

Report by Francesca Albanese singles out companies such as Palantir and calls for prosecutions

The Guardian - UK

Norwegian pension fund divests from companies selling to Israeli military

KLP, Norway’s largest pension fund, will no longer do business with two companies, one US, the other German.

Al Jazeera

Trump tariffs could wipe out European steel sector, senior industry figure says

ThyssenKrupp executive warns of ‘collateral damage’ to supply chains and urges protective action on energy pricing

The Guardian - UK

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Could the resurgence of Germany’s steel industry help to revive its economy?

US President Donald Trump's 50% tariffs on steel and aluminium imports come into effect today. But could Germany's defence industry be paving the way for a steel boom?

Euronews

European steel stocks rebound as Trump doubles steel tariffs to 50%

The share prices of European steel companies, including Thyssenkrupp and ArcelorMittal, all rose on Wednesday morning.

Euronews

Struggling German Steel Giant Thyssenkrupp Plans Major Overhaul

Thyssenkrupp said Monday it planned a major overhaul that will split the vast conglomerate into several standalone businesses, fuelling fears about further job losses and a looming break-up of the historic German industrial titan.

International Business Times

Struggling Steel Giant Thyssenkrupp's Shares Slump After Profit Hit

Thyssenkrupp's shares slumped Thursday after it reported worse-than-expected earnings and its steel business took a fresh hit, in more bad news for the struggling German industrial titan.

International Business Times

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Green steel as a lifeline? EU Commission protects European metal industry from unfair competitors

Europe's steelworkers are furious. They are afraid for their jobs. Is there still a future for Europe's heavy industry? Yes, says the European Commission - and presents a rescue plan.

Euronews

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

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

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The Hindu

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.

Radio France Internationale

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.

Benzinga

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…

The Independent UK

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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