Lufthansa’s 100th Anniversary Overshadowed by Strikes, Jet-Fuel Shortages and Cityline Closure Lufthansa’s centenary celebration in Frankfurt was disrupted by cabin-crew and pilot strikes and growing jet-fuel concerns, as the EU …
Business
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Germany’s €1,000 Entlastungsprämie Meets Corporate Hesitation as Firms Await Law German government’s proposed Entlastungsprämie (€1,000 relief bonus) draws mixed responses from major employers, with many waiting for the final law …
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Deutsche Bahn announces €20 billion plan to renovate 710 stations by 2030
by Leo Müllerby Leo MüllerDeutsche Bahn announces €20 billion plan to renovate 710 stations by 2030 Deutsche Bahn will invest €20 billion to renovate hundreds of stations, with 710 slated for fundamental upgrades by …
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Japan infrastructure praised by German Green MP Paula Piechotta as model
by Leo Müllerby Leo MüllerGermany’s MPs Look to Japan Infrastructure Model After Week in Tokyo Area German lawmakers returned from a week in mid-April impressed by Japan infrastructure, citing reliable elevators, seamless escalators and …
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German transport sector braces for rising insolvencies amid driver shortage
by Leo Müllerby Leo MüllerGerman transport insolvencies set to rise as fuel costs and driver shortage squeeze mid-sized firms German transport insolvencies are expected to rise as fuel costs, a 120,000-driver shortage and weak …
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Alstom shares plunge 27% after margin cut and cash-flow warning
by Leo Müllerby Leo MüllerAlstom shares plunge after weak results, stock drops 27% as CEO unveils turnaround plan Alstom shares plunged after the trainmaker reported weaker-than-expected results, with the keyword Alstom underlining the company’s …
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Strait of Hormuz declared open as German shipowners warn passage remains unsafe
by Leo Müllerby Leo MüllerGerman shipowners demand clear safety plans after Iran’s opening of the Strait of Hormuz German shipowners demand clear safety plans after Iran’s announcement on the Strait of Hormuz; Paris talks …
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Kerosene Shortage Threatens Europe as Klingbeil Urges Emergency Measures
by Leo Müllerby Leo MüllerKerosene shortage warning: Germany’s finance minister urges action after IEA supply alert Finance Minister Lars Klingbeil warns of a kerosene shortage after an IEA alert, urging supply measures and faster …
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Oil prices tumble as Iran reopens Strait of Hormuz, strategist warns investors
by Leo Müllerby Leo MüllerStrait of Hormuz Reopening Sends Oil Down, Markets Rally; Strategist Warns Against Premature Optimism Iran’s announcement to reopen the Strait of Hormuz pushed oil sharply lower and stocks higher. Martin …
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Business
EU sustainability rules force SMEs to provide supply-chain data or risk losing contracts
by Leo Müllerby Leo MüllerEU supply chain sustainability rules force German SMEs to supply detailed supplier data German SMEs rush to comply with EU supply chain sustainability rules as buyers demand supplier data; software …