BMW to cut 8,000 jobs by the end of 2027 – POLITICO

German car manufacturer BMW is cutting thousands of jobs by the end of 2027 through a voluntary redundancy program, a corporate spokesperson told POLITICO. Up to 8,000 jobs are expected to be culled under the program, with offers going out beginning in October, according to internal corporate sources. The program targets German-based workers in administrative […]

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Trump administration bans foreign-made robots and power gear amid fears of Chinese influence

The Trump administration Tuesday halted imports of advanced robots and a type of power equipment frequently used in solar energy projects, in the latest outgrowth of White House alarm about security threats from China. The restrictions, announced by the Federal Communications Commission, follow recent steps to limit imports of foreign-made drones and wireless routers. Tuesday’s move would sweep in […]

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US kicks off review of its force posture in Europe – POLITICO

The move comes as Washington has already moved to withdraw soldiers from Germany and reduce its contributions to NATO force-planning requirements, including high-end assets such as fighter aircraft, airborne refueling tankers, maritime patrol planes and naval capabilities. “The outcome of this review will be an acceleration of NATO’s transition to a stronger, more equitable, and sustainable […]

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