Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › ‘We Used to Be a Wealthy City’: Auto Woes Slam German Towns
Business & Finance

‘We Used to Be a Wealthy City’: Auto Woes Slam German Towns

‘We Used to Be a Wealthy City’: Auto Woes Slam German Towns
NYT Business Tuesday 10 November 2026, 05:00 UTC By Theresa Rauffmann, Jack Ewing and Lena Mucha 1 min read
Key Points

The downturn in the automotive industry has done away with services and benefits that residents of Friedrichshafen, a lakeside city, once enjoyed.

The downturn in the automotive industry has done away with services and benefits that residents of Friedrichshafen, a lakeside city, once enjoyed.
Friedrichshafen (ORG)
Originally published by NYT Business Read original →

Related Stories

Citi's Fraser: China License Gives Bank Edge on Rivals

Nov 10th, 2026 Citi's Fraser: China License Gives Bank Edge on Rivals Jane Fraser, Chair and CEO of Citi, says securing a securities license in China completes the bank’s product offering in the country and gives it an edge over rivals. She speaks with Stephen Engle on the sidelines of the Citi China Conference in Shanghai.

Bloomberg Markets 18m ago

Mortgage holders’ confidence crashes to lowest level since 1994 as year that ‘feels like a recession’ looms

Westpac survey results signal growing sense of ‘helplessness’ as Jim Chalmers faces growing pressure to rein in government spendingConfidence among mortgaged households has crashed to its lowest level in more than three decades amid a growing sense of “helplessness” about the economy, even as a dramatic shift in financial markets suggests there is now a strong chance of a Reserve Bank rate cut by this time next year. The latest Westpac survey showed its consumer sentiment index sinking again...

The Guardian World 21m ago

4 men charged over S$6.2 million fraudulent mortgage scheme using violinist's Katong home

4 men charged over S$6.2 million fraudulent mortgage scheme using violinist's Katong home The professional violinist was purportedly lured away from his landed home in Katong so property valuations could be conducted on the place without his authorisation. Four men have been charged in relation to attempts to obtain over S$6 million (US$4.7 million) in fraudulent mortgage loans using a professional violinist's landed residential property as collateral.

Channel News Asia 27m ago

$69.3 billion IPO? Anthropic shares price details with banks, then retracts

Anthropic's proposed initial public offering (IPO), which could have raised nearly $70 billion, was briefly outlined in a securities filing circulated to banks before the artificial intelligence company retracted the pricing details. An Anthropic representative sent bankers a copy of a filing showing plans to offer around 867 million shares at a price range of $70 to $80 apiece. The company subsequently sent another email saying the pricing information was inaccurate and that an updated...

Times of India 27m ago