German pension commission confronts heated coalition split over reform plans Germany’s pension commission faces a test as lawmakers and experts clash over reforms to stabilize retirement finances, with the pension …
Leo Müller
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Business
Germany Pension Reform Commission Says Lower Pension Level Won’t Cut Existing Pensions
by Leo Müllerby Leo MüllerGerman pension level debate intensifies as commission finalizes reform report Germany’s pension level debate escalates as an eight-member commission prepares reform proposals due June 30, 2026, raising concerns for retirees …
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Business
Stellantis unveils €60 billion 2030 strategy prioritizing Jeep, Ram, Peugeot
by Leo Müllerby Leo MüllerStellantis strategy 2030 — €60bn overhaul centers on Jeep Ram Peugeot and Fiat Stellantis strategy 2030: automaker unveils €60 billion plan, prioritizes Jeep, Ram, Peugeot and Fiat, seeks €6bn annual …
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Business
Stellantis unveils European production overhaul, frees 800,000 cars for partners
by Leo Müllerby Leo MüllerStellantis to cut 800,000 annual own-brand cars in Europe, repurpose plants for third-party production Stellantis will cut annual own-brand output in Europe by 800,000 vehicles and repurpose plants for third-party …
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Business
Eberspächer announces major China expansion of factories and research and development
by Leo Müllerby Leo MüllerEberspaecher China expansion: Supplier to shift factories and R&D to China to triple Asian sales Eberspaecher shifts factories and R&D to China to grow Asian sales from 8% to 24%, …
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EU Accuses Firms in Suspected Artificial Turf Cartel Over Recycling Prices EU opens probe into an alleged artificial turf cartel after claims German and Dutch firms fixed recycling costs; fines …
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EU cuts growth forecast for Germany to 0.6% amid energy-price shock EU cuts growth forecast for Germany to 0.6% amid Middle East energy shock; Commission warns higher prices and supply …
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Business
Nvidia announces record Q1 profits as AI investment concerns mount
by Leo Müllerby Leo MüllerNvidia earnings surge, but industry adoption gaps raise questions about an AI investment bubble Nvidia earnings jumped dramatically in the first quarter, with revenue up roughly 85% to $81 billion …
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Business
EU Commission halves Germany 2026 growth forecast to 0.6% over energy shock
by Leo Müllerby Leo MüllerEU Commission halves Germany growth forecast to 0.6% amid energy price shock EU Commission cuts Germany’s 2026 GDP growth forecast to 0.6%, citing high energy prices after Iran conflict; EU …
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Business
BASF announces CoreShift to slash fixed costs 20 percent and cut jobs
by Leo Müllerby Leo MüllerBASF unveils CoreShift plan to cut cash fixed costs by up to 20% by 2029 BASF launches “CoreShift” to reduce cash fixed costs in its core business by up to …