Business

AI in mortgage financing accelerates but human advisers remain indispensable AI in mortgage financing speeds approvals and cuts costs, but advisers remain essential as rising rates, regulation and liability limit …

PCK refinery in Schwedt draws political focus as Katherina Reiche praises staff resilience Germany’s PCK refinery in Schwedt, once owned by Rosneft, is operating under new arrangements after the 2022 …

SpaceX IPO Could Launch June 12 as Merger Fuels Trillion‑Dollar Valuation SpaceX aims for a mid‑June listing with the SpaceX IPO expected to seek up to $80 billion in fresh …

BioNTech layoffs: 1,860 roles cut as founders defend closures and shareholders back capital moves BioNTech layoffs: 1,860 jobs to be cut and production sites closed through 2027 as founders step …

Energy-intensive industry in Germany falls 15.2% as energy prices bite Germany’s energy-intensive industry declined 15.2% between February 1, 2022 and March 31, 2026 as soaring energy costs reshaped output and …

130th German Medical Assembly in Hanover: Doctors Protest Federal Healthcare Funding Cuts At the 130th German Medical Assembly in Hanover, delegates voiced sharp opposition to planned federal healthcare funding reductions …

Frankfurt Airport sees sharp April decline after six Lufthansa strike days Frankfurt Airport passenger traffic fell sharply in April 2026 after six Lufthansa strike days, Fraport reported 4.8 million travelers, …

Traceless opens Hamburg plant to produce bio-based plastic replacement at industrial scale Traceless opens a Hamburg factory producing bio-based plastic replacement from food residues, aiming to scale to 40–60k tonnes …

German economy faces sharp second-quarter slowdown as Iran conflict lifts energy costs German economy set for sharp second-quarter slowdown as Iran conflict raises energy and commodity prices; government considers relief …