Migros has announced a price reduction strategy to regain market share from discount retailers like Aldi and Lidl. The company also plans to open new stores and remodel existing locations to enhance the customer experience. This strategic shift is in response to changing consumer preferences and market conditions.
The Zurich University of the Arts (ZHDK) has ended its partnership with the Shenzhen International School of Design (SISD) in China due to legal challenges and operational risks. The decision has raised concerns about academic freedom and the military affiliations of the Chinese institution. The termination of this collaboration could have financial and legal consequences for ZHDK.
Volkswagen is planning to close several plants in Germany, which may result in job cuts. The automotive industry is facing a crisis, and Volkswagen's actions reflect the need for adaptation in a rapidly changing market, particularly in electric vehicle production.
Donald Trump held a campaign rally at Madison Square Garden, where he criticized political opponents and made controversial demands. The event was marked by heightened security and a delay. The rally showcased notable figures but was marred by a controversial performance from a comedian.
French actor Gérard Depardieu is facing legal challenges related to allegations of sexual harassment. The court proceedings have been postponed due to health concerns raised by Depardieu. The case has attracted media attention and could have implications for the actor's career.