Oil price surges to $100 as Red Sea tanker attacks raise supply fears Oil price spikes to $100 per barrel after Houthi strikes on tankers in the Red Sea; US …
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Business
European Central Bank Opens Public Vote on New Euro Banknote Designs
by Leo Müllerby Leo MüllerECB opens public vote on new euro banknotes designs EU citizens can vote online until September 21, 2026, on two motif sets for the new euro banknotes, choosing between cultural …
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ECB unveils ten euro banknote designs and opens public online vote
by Leo Müllerby Leo MüllerECB unveils 10 designs for new euro banknotes and opens public vote ECB unveils 10 designs for new euro banknotes and opens an online public vote. Proposals highlight European culture, …
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Germany and France abandon joint fighter program, pursue national and new partnerships
by Leo Müllerby Leo MüllerFranco-German fighter project stalls as Dassault explores national demonstrator and new partners France and Germany scramble for alternatives after the Franco-German fighter project collapsed, with Dassault moving toward a national …
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BASF suspends sale of 3,300 company apartments amid market volatility
by Leo Müllerby Leo MüllerBASF halts sale of 3,300 company apartments amid market volatility BASF suspends the company apartments sale for about 3,300 units, citing higher interest rates and volatile property markets; 1,100 units …
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EU fines Google €890 million under DMA for search favoritism and Play Store breaches EU fines Google €890M under the Digital Markets Act for favoring its services in Search and …
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ECB holds deposit rate at 2.25 percent as inflation remains above target
by Leo Müllerby Leo MüllerECB Holds Deposit Rate at 2.25% as ECB Signals Caution Amid Geopolitical Risks ECB holds deposit rate at 2.25% as inflation cools to 2.8% in June, keeping policy on hold …
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Ford and Geely announce Valencia joint venture to build cars from 2028
by Leo Müllerby Leo MüllerFord-Geely Joint Venture to Convert Valencia Plant for Shared Production from 2028 Ford-Geely joint venture will turn Ford’s Valencia factory into a shared production hub from 2028, boosting capacity to …
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Ifo forecasts German housing completions will fall to 185,000 in 2026
by Leo Müllerby Leo MüllerGerman housing construction set to fall to 185,000 completions in 2026, ifo forecasts ifo forecasts German housing construction will fall to 185,000 completions in 2026; recovery to 210,000 by 2028 …
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Business
Porsche Announces 5,000 Job Cuts, Secures Employment Guarantee Until 2035, Pressuring VW
by Leo Müllerby Leo MüllerPorsche job cuts: Leiters to eliminate 5,000 roles while promising employment until 2035, sparking VW tensions Porsche job cuts: Michael Leiters will cut 5,000 positions and reduce Baden-Württemberg capacity while …