Business

Abolish May Day holiday proposal draws sharp rebuke from IG Metall and unions IG Metall leader Christiane Benner has strongly rejected plans to abolish May Day, saying proposals to abolish …

SAP growth forecast: Cloud and AI buoy Q1 but SAP warns full-year expansion will slow SAP growth forecast: SAP warns of slower revenue expansion in 2026 despite strong cloud and …

Left leader urges government to strengthen statutory pension with Austrian-style model Ines Schwerdtner urges boosting Germany’s statutory pension with an Austrian-style contribution system to raise benefits and include self-employed now. …

Migrant skilled workers in Germany concentrate in cities and the West, leaving east with low shares, IW study finds IW study finds migrant skilled workers in Germany concentrate in city-states …

US diesel shipments diverted to Durban after higher bids, leaving Amsterdam deliveries short US diesel shipments bound for Amsterdam were diverted to Durban in April after higher bids; tankers including …

Vodafone Germany positions itself as a challenger with Dortmund summit and new customer-first strategy Marcel de Groot frames Vodafone Germany as an aggressive challenger after addressing 500 managers at Borussia …

Paramount acquisition of Warner Bros. Discovery wins shareholder approval in $110B deal Paramount acquisition of Warner Bros. Discovery wins shareholder approval in $110B deal; regulators must still approve amid CNN …

Meta layoffs to cut about 8,000 jobs as company prioritizes AI spending Meta layoffs will cut roughly 8,000 jobs as the company reshapes to fund large AI infrastructure spending; about …

EU Commission rejects overprofit tax, says member states may act nationally EU Commission says it has no plans for an overprofit tax and will not speculate on future EU-wide measures, …