German court rules permanent shopping bags are packaging under Dual System German court rules permanent shopping bags are packaging under the Dual System, forcing retailers to register, report and fund …
Business
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Business
Sachsen-Anhalt faces biggest losses under AfD policies, DIW study warns
by Leo Müllerby Leo MüllerDIW study warns AfD in Saxony-Anhalt would inflict greatest economic harm on its strongest supporters DIW finds AfD in Saxony-Anhalt could cut disposable incomes 6.2%, cost ~10,000 jobs and leave …
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Business
Nestlé secures Platinum Equity deal to scale back bottled water operations
by Leo Müllerby Leo MüllerNestlé water business moved into joint venture as CEO Philipp Navratil accelerates restructuring Nestlé water business moved into a joint venture with Platinum Equity as CEO Philipp Navratil restructures the …
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Business
German consumer sentiment falls to minus 29.6 as fuel prices rise
by Leo Müllerby Leo MüllerGerman consumer sentiment weakens as GfK-NIM index dips to -29.6 in August German consumer sentiment stays weak as the GfK-NIM index falls to -29.6 in August; lower income expectations and …
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Business
SAP reports 27% rise in cloud backlog, affirms AI opportunity
by Leo Müllerby Leo MüllerSAP Q2 results: Cloud backlog jumps 27% to €22.9bn as CFO positions SAP as AI beneficiary SAP Q2 results: Cloud backlog up 27% to €22.9bn, revenue and operating profit rise; …
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Business
Volkswagen posts 32.9% Q2 profit drop, downgrades revenue outlook
by Leo Müllerby Leo MüllerVolkswagen profit plunges 32.9% in Q2 2026 to €1.54bn Volkswagen profit fell 32.9% in Q2 2026 to €1.54bn, prompting a revenue outlook cut to -3% for 2026 while keeping the …
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Business
US announces tariffs on imports from 60 countries citing forced labor
by Leo Müllerby Leo MüllerU.S. tariffs on imports from 60 countries imposed over forced labor concerns U.S. tariffs on imports target 60 trading partners with 10–12.5% levies for alleged failures to curb forced labor. …
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Business
US announces 10–12.5% tariffs on 60 countries for forced labor concerns
by Leo Müllerby Leo MüllerTrump announces new tariffs of 10% and 12.5% on imports from 60 trading partners Trump unveils 10% and 12.5% tariffs on imports from 60 partners, citing forced-labor concerns under Section …
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Business
Bulgaria imposes strict price limits on Lidl and Rewe to curb inflation
by Leo Müllerby Leo MüllerBulgarian Price Controls Target Lidl and Rewe as Sofia Moves to Curb Food Inflation Sofia’s new measures to impose Bulgarian price controls on major discounters including Lidl and Billa aim …
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Business
German social budget grows to record 32 percent of GDP, report reveals
by Leo Müllerby Leo MüllerGerman social spending climbs to record 32% of GDP as budget hits €1.431 trillion Germany’s social spending reached 32% of GDP in 2025, rising to €1.431 trillion as care, health …