Volkswagen weighs sweeping German plant closures and job cuts
TUESDAY, JUNE 30, 2026
A works council note says existing reductions are insufficient, with four German factories and as many as 100,000 job losses under review amid China pressure and weak demand.
Exxon Mobil warns global oil stocks may hit critical lows within weeks
FRIDAY, MAY 29, 2026
Neil Chapman warns oil prices would surge once global crude stockpiles fall to unprecedented lows in the coming weeks, adding pressure to energy markets.
Japan April bankruptcies climb to 12-year monthly high as costs rise
WEDNESDAY, MAY 13, 2026
Corporate failures in Japan hit their highest April level in 12 years, with price-driven collapses surging as smaller firms came under mounting pressure.