Continental, the German auto-parts maker, revealed plans to restructure its automotive business division in an effort to save hundreds of millions of euros annually. The company aims to achieve savings of around 400 million euros ($427.4 million) starting from 2025 through the proposed changes. The exact number of job cuts in the automotive segment has not been determined yet, … [Read more...] about Continental Announces Restructuring, Anticipates Job Cuts
Efficiency
Thungela Resources Making Significant Progress in Strategic Objectives
Thungela Resources, the South African coal miner, has reported substantial progress in the execution of its strategic objectives, positioning the company to achieve its year-end guidance. With capital expenditure for its South African operations estimated at ZAR 3.0 billion ($158.3 million), Thungela Resources expects to meet its targets, maintaining a strong financial … [Read more...] about Thungela Resources Making Significant Progress in Strategic Objectives
