Digitalization

Insights from CERAWeek: Day 2 Highlights of the Houston Energy Conference

2 months ago

The second day of CERAWeek in Houston unveiled significant discussions and revelations affecting the global energy landscape. Industry leaders and experts gathered to share insights on a variety of topics ranging from the role of technology in energy transition to the increasing importance of sustainability in fossil fuel operations.

Volkswagen Anticipates Stagnant Profit Margins Amid Rising Trade Tensions

2 months ago

Volkswagen, the renowned German automotive manufacturer, has recently projected that its profit margins will remain largely unchanged throughout the current fiscal year. This forecast comes at a time when escalating trade tensions globally are affecting the automotive sector, creating uncertainties for manufacturers worldwide. The company is striving to navigate these challenges while maintaining its competitiveness in an increasingly volatile market.

The Evolution of Mobility: A Decade of Digital Transformation Brings Clear Winners and Losers

6 months ago

Over the past ten years, the mobility sector has undergone a significant transformation, driven largely by the digitalization of transportation services. From ride-sharing apps to autonomous vehicles, these innovations have reshaped the way people navigate their urban environments, leading to a clear delineation between the industry's winners and losers.

BASF Pursues Major Overhaul with Lower Dividend, Refocuses on Core Units

8 months ago

In the most exciting strategic about-faces, one of the world's leading chemical companies, BASF SE, announced its decision to restructure its business through cutting down on its dividend pay-outs and focusing its core operations on more productive business units. The decision is a reflection of a larger strategy of boosting profitability in the face of thin margins and streamlining operating procedures in light of unfavorable market conditions.