Business

Housing construction in Germany falls 18% as costs and regulations stall new builds Germany’s housing construction fell 18% to 206,600 new units last year as rising costs, regulation and municipal …

Magirus launches radical turnaround under CEO Fatmir Veselaj Magirus begins a radical overhaul under CEO Fatmir Veselaj, revamping production and sales to restore profitability and market stability by 2030. Fatmir …

Housing construction in Germany plunges 18% in 2025 to decade low Housing construction in Germany fell 18% in 2025 to 206,600 completed units, a new low that industry groups and …

Riester-Rente reform simplifies subsidies and opens pension savers to equity investments Germany advances Riester-Rente reform to simplify state support, expand investment choices and lower costs, while critics warn limits on …

Fresenius Under Fire Over Vamed Report as CEO Emphasizes Growth and SAP Partnership Fresenius shareholders pressed executives over a probe into the former Vamed unit at the company’s annual meeting, …

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 …

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 …

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 …

Naphtha 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 …