Europe Faces Kerosene Shortage as IEA Warns Stocks Could Last Only Six Weeks IEA warns Europe may face a kerosene shortage within weeks as Hormuz blockade disrupts supplies; EU readies …
Leo Müller
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Business
Lufthansa accelerates Cityline closure, grounds 27 regional jets amid kerosene price surge
by Leo Müllerby Leo MüllerLufthansa Cityline to be grounded this Saturday as fuel costs and strikes force early shutdown Lufthansa speeds Cityline shutdown, grounding 27 regional jets from Saturday amid rising jet-fuel costs and …
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Business
Bundeskartellamt gains sweeping market intervention powers in Germany’s fuel package
by Leo Müllerby Leo MüllerNew German fuel law grants Bundeskartellamt sweeping new intervention powers Germany’s March fuel package expands Bundeskartellamt authority, allowing sector investigations to trigger measures and broader price controls beyond fuel markets. …
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Energy prices in Germany spike as heating oil jumps 44%, stoking inflation fears Heating oil rose 44% year-on-year in March, while diesel climbed 30% and petrol 17%, raising concern that …
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Business
German Health Ministry announces insurer rescue plan cutting homeopathy and clinic payments
by Leo Müllerby Leo MüllerGerman health insurance funds face cuts as ministry proposes ending homeopathy and raising high-earner contributions Germany’s health ministry unveils plan to stabilise health insurance funds by cutting homeopathy coverage, lowering …
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Business
Lufthansa Announces Cityline Closure and Withdraws 27 Aircraft Amid Strikes
by Leo Müllerby Leo MüllerLufthansa ends Cityline operations as strikes overshadow 100th anniversary Lufthansa ends Cityline operations amid 100th‑anniversary strikes, grounding 27 aircraft and trimming short‑haul capacity as unions battle over pensions. The company …
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Business
Bitkom president warns Germany politically unable to deliver digital sovereignty
by Leo Müllerby Leo MüllerBitkom President Ralf Wintergerst Urges More Investment and Less Regulation to Secure Digital Sovereignty Ralf Wintergerst urges the EU to end unanimity, boost investment and cut regulation to secure Europe’s …
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Business
Bosch records first loss in years with €400 million after-tax deficit
by Leo Müllerby Leo MüllerBosch Reports First Annual Loss in Years as Restructuring Costs and US Tariffs Bite Bosch posts a €400m after-tax loss as restructuring charges and US tariffs hit results; 2024 profit …
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Business
EU approves German industrial electricity price and allows €3.8 billion subsidies
by Leo Müllerby Leo MüllerEU Approves German Industrial Electricity Price Support, Clearing €3.8bn Aid EU approves Germany’s industrial electricity price support, allowing €3.8bn in state aid for energy‑intensive companies, subject to strict EU safeguards. …
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Business
Rewe announces acquisition of up to 40 Tegut stores under antitrust review
by Leo Müllerby Leo MüllerRewe Tegut takeover: Rewe to acquire up to 40 Tegut stores Rewe to take over up to 40 Tegut supermarkets as Migros exits Germany; deal faces Bundeskartellamt review amid concentration …