German Wirtschaftsrat urges end to Mütterrente and early-retirement perks Wirtschaftsrat calls to abolish the Mütterrente and other early-retirement benefits, warning Germany cannot afford additional pension “gifts” amid demographic change. The …
Leo Müller
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Business
Holiday pay survey in Germany reveals East-West and gender disparities
by Leo Müllerby Leo MüllerSurvey: Vacation Pay in Germany Favours Men, Western Workers and Large Firms WSI survey finds vacation pay in Germany unevenly distributed; men, West German employees and staff in large firms …
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CDU economic council demands abolishing mothers’ pension and early retirement incentives
by Leo Müllerby Leo MüllerCDU Economic Council Urges Cuts to Mütterrente and End to Early-Retirement Incentives CDU Economic Council calls to abolish Mütterrente and early-retirement incentives, warning demographic strain could push social contributions toward …
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Strait of Hormuz reopening promised after US‑Iran deal as shippers demand assurances
by Leo Müllerby Leo MüllerStrait of Hormuz reopening: Indian tanker Disha leads first convoy after US–Iran accord Strait of Hormuz reopening: Indian tanker Disha departs Ras Laffan and is due in Dahej on June …
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Thyssenkrupp approves spin off of TK Accelis with planned Frankfurt IPO
by Leo Müllerby Leo MüllerThyssenkrupp Moves Forward with TK Accelis Spin-Off, Plans Frankfurt Listing Thyssenkrupp’s supervisory board has approved the spin-off of its material trading arm, TK Accelis, setting the stage for a partial …
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KNDS Unveils Franco-German Tank and Artillery Concepts, Vows to Double Workforce
by Leo Müllerby Leo MüllerKNDS Germany to double workforce, add factories as tank production scales amid €33.1bn backlog KNDS Germany will double its domestic workforce and expand factories as it ramps up tank and …
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Munich tops Germany price index as costs spill into surrounding districts
by Leo Müllerby Leo MüllerRegional price differences in Germany: Munich 24% costlier as rents push city premiums New 2024 Regional Price Index finds Munich nearly 24% above the national average; rents drive urban premium …
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SpaceX surges to $2.75 trillion valuation, overtakes Amazon in market value
by Leo Müllerby Leo MüllerSpaceX IPO Sends Valuation to $2.75 Trillion After Stock Surge SpaceX IPO stock jumped to $209 per share, valuing the company at $2.75 trillion and briefly eclipsing peers as analysts …
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Germany proposes Type E building contract prompting legal and industry warnings
by Leo Müllerby Leo MüllerGermany pushes “Gebäudetyp E” into law to speed up and cheapen construction Germany plans ‘Gebäudetyp E’ to permit simpler building contracts and cut construction costs by 10-20%, sparking legal warnings …
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German government rejects UniCredit takeover bid for Commerzbank
by Leo Müllerby Leo MüllerGerman government rejects UniCredit in Commerzbank takeover standoff Germany’s finance agency refuses UniCredit’s exchange offer, blocking a Commerzbank takeover bid and defending the bank’s independence and jobs in Frankfurt. The …