Unions call DB Cargo CEO with criticism of restructuring plan

DB Cargo’s post-Schenker future looks bleak, after a report from strategy consultancy Oliver Wyman criticized the direction taken by the company’s CEO. Employee unions are also demanding blood, as the European Union’s deadline for returning to profitability approaches. in … To read this article you need to subscribe. Help us continue investing in award-winning, independent…

Read More

Global companies announce expected tariff costs of more than $35 billion for the period 2025-2026

According to an analysis by Reuters, global companies reported expected costs exceeding $35 billion from US tariffs as they approach third-quarter earnings. The analysis, which reviewed hundreds of corporate statements, regulatory filings and earnings calls from July 16 to September 30, found that companies expect a combined financial impact of $21.0 billion to $22.9 billion…

Read More