Alstom shares plunge after weak results, stock drops 27% as CEO unveils turnaround plan Alstom shares plunged after the trainmaker reported weaker-than-expected results, with the keyword Alstom underlining the company’s …
Leo Müller
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Business
Strait of Hormuz declared open as German shipowners warn passage remains unsafe
by Leo Müllerby Leo MüllerGerman shipowners demand clear safety plans after Iran’s opening of the Strait of Hormuz German shipowners demand clear safety plans after Iran’s announcement on the Strait of Hormuz; Paris talks …
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Business
Kerosene Shortage Threatens Europe as Klingbeil Urges Emergency Measures
by Leo Müllerby Leo MüllerKerosene shortage warning: Germany’s finance minister urges action after IEA supply alert Finance Minister Lars Klingbeil warns of a kerosene shortage after an IEA alert, urging supply measures and faster …
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Business
Oil prices tumble as Iran reopens Strait of Hormuz, strategist warns investors
by Leo Müllerby Leo MüllerStrait of Hormuz Reopening Sends Oil Down, Markets Rally; Strategist Warns Against Premature Optimism Iran’s announcement to reopen the Strait of Hormuz pushed oil sharply lower and stocks higher. Martin …
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Business
EU sustainability rules force SMEs to provide supply-chain data or risk losing contracts
by Leo Müllerby Leo MüllerEU supply chain sustainability rules force German SMEs to supply detailed supplier data German SMEs rush to comply with EU supply chain sustainability rules as buyers demand supplier data; software …
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Business
Ferry fares rise as operators impose fuel surcharges across Germany
by Leo Müllerby Leo MüllerFerry Fare Increases Spread Across Germany as Oil Prices Surge Rising oil prices drive ferry fare increases in Germany, adding fuel surcharges on coastal and river routes and prompting calls …
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Business
Jet fuel shortages threaten European flights from late May, industry warns
by Leo Müllerby Leo MüllerKerosene Shortage Threatens European Flights as Industry and IEA Sound Alarm European aviation faces kerosene shortage risk as Iran conflict disrupts supplies; industry, IEA and EU weigh measures to secure …
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Business
Germany Proposes Raising Statutory Health Insurance Contribution Ceiling by €300 in 2027
by Leo Müllerby Leo MüllerGerman plan to raise contribution assessment ceiling would make high earners pay more Government proposes one-off €300 rise to the contribution assessment ceiling in 2027 to shore up statutory health …
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Business
German industry faces crisis ahead of Hannover Messe as automakers cut jobs
by Leo Müllerby Leo MüllerGerman industry at a crossroads as Hannover Messe opens amid rising costs and global competition Germany’s industry faces mounting pressure from supply shocks, soaring input prices and intensified Asian competition …
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Business
SNB opens Moneyverse in Bern to demystify interest rate decisions
by Leo Müllerby Leo MüllerMoneyverse opens in Bern: SNB turns monetary policy into a hands-on exhibition Moneyverse: SNB opens an interactive centre in Bern that explains negative interest rates, currency reserves and central-bank decisions …
