News for Schaeffler AG (SCFLF)

Job cuts are coming thick and fast from Volkswagen AG. Just since December, it’s announced plans to reduce its German workforce by 35,000 over five years, to cull 1…

Martin Büchs’ family business in small-town Bavaria has been supplying gearshift and engine-cooling systems to carmakers for more than a century.

Companies in the US, including Novo Nordisk, Boeing and Shein, are forming task forces to address the impact of Donald Trump’s tariffs, which could reshape the domestic economy and affect global trade dynamics.

Companies like Novo Nordisk, Boeing, and Walmart are preparing for the impacts of President Donald Trumps tariffs. Executives are assessing the potential costs and strategising responses, with some firms planning to increase U.S. production. However, the tariffs' effects are uncertain, causing supply chain concerns and potential price increases for consumers.

Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher airc…

Call Start: 06:00 January 1, 0000 7:17 AM ETSchaeffler AG (OTCPK:SFFLY)Q4 2024 Earnings Conference CallMarch 05, 2025 06:00 AM ETCompany ParticipantsHeiko...

The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction after moving sharply lower in recent sessions.

Schaeffler AG press release (SFFLY): FY GAAP EPS of -Є0.86. Revenue of Є18.19B (+11.5% Y/Y).

The following slide deck was published by Schaeffler AG in conjunction with their 2024 Q4 earnings call.

European stocks rallied on Wednesday as German leaders agreed to loosen the country's so-called debt brake and China ramped up stimulus to guard its economy from changes 'unseen in a century.

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Boosted by Adidas, DAX reaches a fresh record high

The performance of our two International Strategies turned negative for the fourth quarter of 2024 as well as for the year. Click here to read the full commentary.

High energy costs and slumping exports have made German households €2,500 poorer and the decline threatens to become irreversible.

Factbox-Europe's embattled auto sector plans plant closures and layoffs

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The auto giant's transformation hasn’t been going to plan similar Volkswagen and Stellantis that recently issued profit warnings. Read on.

The reductions amount to around 14% of Ford European workforce and will primarily hit operations in Germany and the U.K. by the end of 2027.

Only one autonomous humanoid robot actually has a job. Like a real, 9-to-5, paying gig. And that’s Digit by Agility Robotics, says CEO Peggy Johnson.