Business

Milburn report warns youth unemployment in the UK nears one million, raising alarm over a ‘lost generation’ Milburn report warns youth unemployment in the UK nears one million, projecting 1.25m …

EU exports to the United States plunge 30.4% in Q1 as tariff uncertainty weighs EU exports to the United States fell 30.4% in Q1 to €119.4bn, Eurostat reports; overall third-country …

Otto Group posts €1.1bn EBITDA as new female leadership signals strategic shift Otto Group posts stronger profits under new female leadership: EBITDA €1.1bn, net income €312m, revenue €13.8bn; restructuring and …

Cuba energy crisis deepens as blackouts, fuel shortages and sanctions cripple services Cuba energy crisis intensifies with 12–16 hour blackouts, dwindling fuel after Venezuela halted shipments, and U.S. sanctions squeezing …

Germany nursing care reform faces asset levy debate as minister warns €22.5bn shortfall Union deputy and economists urge including private assets in Germany’s nursing care reform as Health Minister warns …

Germany transport policy slowed by coalition disputes over Deutschlandticket and ministerial clashes Coalition disputes over the Deutschlandticket and clashes between transport and environment ministers are slowing Germany transport policy despite …

Germany Eyes Direct Payout Mechanism to Deliver Fast Relief for Rising Energy Costs German officials reconsider a Direct Payout Mechanism to send cash straight to citizens’ bank accounts as a …

Electric cars surge in appeal as subsidy shifts demand toward private buyers German subsidy changes are making electric cars more affordable, driving private buyers to convert at higher rates and …

German economic advisers call for overhaul of Soziale Pflegeversicherung (SPV) as costs surge Germany’s Soziale Pflegeversicherung (SPV) faces mounting financial strain, say the Council of Economic Experts in their spring …