Full-year profit drops for Germany’s Schaeffler

Full-year profit fell in 2023 for German industrial and automotive supplier Schaeffler AG compared to 2022, it reported on Tuesday. Schaeffler reported that its fiscal 2023 net income attributable to shareholders of the parent company amounted to €310 …

Tesla’s Berlin plant at standstill after power outage

Production at Tesla’s car factory near Berlin has come to a halt following a power outage, a spokeswoman told dpa on Tuesday. The factory in Grünheide has been evacuated. A burning electricity pylon had previously caused a major power outage in the reg…