The German steel industry is under pressure. Prices have fallen, driven in part by a market excess of cheap Chinese steel. ThyssenKrupp is responding with a digitization drive enabling customers to interface with the production process.
German industry giant ThyssenKrupp and Indian behemoth Tata have signed a memorandum of understanding on the merger of their European steel operations. The move is to address overcapacities in the market.
German engineering group ThyssenKrupp's plans to restructure its steel division have stoked fears of potential job losses and sparked labor protests. The firm's troubles mirror those of the worldwide steel industry.
An annual BRICS summit in China has kicked off with the emerging market bloc in need of direction. The five members are divided as they face political and economic troubles.
After spending years criticizing the Chinese authorities, the dissident artist keeps dealing with difficult issues by focusing on refugees. As Ai Weiwei turns 60, here's a look back at the restless provocateur's career.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version