EU debt alarm: IMF warns of 130% of GDP by 2040 after Nicosia finance ministers’ meeting IMF warns EU debt may hit 130% of GDP by 2040, prompting debate in …
Leo Müller
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BP offshore wind gamble turns costly as impairments and withdrawals mount BP offshore wind shifted from 2023 leasing splurges to multi-billion impairments and project pullbacks, prompting calls for auction and …
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ADAC membership fee increase to take effect Jan. 1, 2027 as club cites rising costs ADAC membership fee increase raises individual tariffs €10–€35 from Jan 1, 2027; club cites higher …
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Business
Japan Releases 1.6 Million Surgical Gloves Amid Naphtha Supply Crisis
by Leo Müllerby Leo MüllerNaphtha shortage in Japan forces emergency glove release and hits factories and packaging Naphtha shortage in Japan disrupts medical supplies, packaging and auto production; government releases 1.6 million surgical gloves …
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Business
Germany-China relations: Heberer urges strategic partnership with clear rules
by Leo Müllerby Leo MüllerHeberer Calls for Rethink of Germany-China Relations in New Book Germany-China relations must move beyond “systemic rivalry,” argues sinologist Thomas Heberer in his new book and interview, urging dialogue, targeted …
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Business
SpaceX launches new Starship variant in largely successful test before IPO
by Leo Müllerby Leo MüllerSpaceX completes twelfth Starship test using upgraded third-model configuration SpaceX completed its twelfth Starship test on May 22, 2026 using a new third-model configuration; upper stage deployed satellites before failing …
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Business
Deutsche Bahn opposes Italo’s bid to secure long-term German high-speed routes
by Leo Müllerby Leo MüllerDeutsche Bahn Opposes Italo in Germany as Bundesnetzagentur Weighs Market Opening DB Infrago rejects Italo in Germany, opposing long-term track guarantees the operator seeks to underwrite a €3.6bn Siemens train …
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Business
UK proposes goods single market as EU urges customs union or EEA
by Leo Müllerby Leo MüllerUK Proposes Goods Single Market to EU as Brussels Recommends Customs Union or EEA Britain has reportedly offered the European Union a goods single market for trade, an initiative the …
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Business
Shein confirms deal to acquire Everlane amid sustainability concerns
by Leo Müllerby Leo MüllerShein to acquire Everlane in deal that pledges brand independence amid criticism Shein to acquire Everlane, the San Francisco-born apparel brand, a move confirmed by Everlane’s CEO that promises independence …
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Business
German power grid hit by record negative prices, prompting smart meter rollout
by Leo Müllerby Leo MüllerNegative electricity prices hit Germany again as solar floods day‑ahead market Negative electricity prices reappeared in Germany as day-ahead power plunged to -€35/MWh on Saturday midday and reached -€499/MWh on …