German auto industry crisis deepens as BMW, Porsche and Volkswagen announce major job cuts German auto industry crisis deepens: BMW, Porsche and Volkswagen reveal large-scale layoffs amid EV transition, China …
Business
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Business
Amazon AWS revenue surges 37 percent as AI demand strengthens
by Leo Müllerby Leo MüllerAmazon AWS Growth Surges 37% to $42.2B as AI Demand Propels Cloud Revenue Amazon reports 37% AWS growth to $42.2B as AI demand boosts cloud revenue; company posts $200.6B quarter, …
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GEMA wins in German court against Suno over AI music training
by Leo Müllerby Leo MüllerSuno court ruling: Munich judge rules largely for GEMA in copyright case over AI-generated music GEMA prevailed in a Munich ruling that found Suno’s AI training and outputs infringed composers’ …
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Stock market boom erodes democracy as wealth concentrates among the few
by Leo Müllerby Leo MüllerStock Market Boom Widens Wealth Gap and Raises Democratic Concerns Stock market boom concentrates asset gains while wages lag, deepening inequality and increasing political risk, according to recent wealth data …
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Germany unemployment climbs to 3.01 million in July as jobs fall
by Leo Müllerby Leo MüllerUnemployment in Germany rises to 3.01 million in July as jobs decline Germany unemployment rises to 3.01M in July; jobs fall in industry, apprenticeships tighten and public hiring rises, the …
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EU enacts right-to-repair law extending consumer rights for appliances and smartphones
by Leo Müllerby Leo MüllerEU right to repair takes effect July 31, 2026, strengthening consumer repair rights EU right to repair begins July 31, 2026, bolstering consumers’ repair rights for appliances with parts-availability timelines …
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German infrastructure crisis forces urgent shift to preventive bridge maintenance
by Leo Müllerby Leo MüllerGerman bridge maintenance crisis deepens as aging structures force unplanned closures Germany faces mounting costs and disruptions as bridge maintenance backlog deepens; experts call for preventive, continuous repair to avoid …
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Business
EU grants right to repair from July 31 for appliances and smartphones
by Leo Müllerby Leo MüllerEU right to repair comes into force July 31, 2026, expanding consumer repair rights EU right to repair starts July 31, 2026, expanding consumer repair rights and forcing parts availability …
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Business
Hungary shuts down Paks nuclear plant amid historic Danube low water levels
by Leo Müllerby Leo MüllerHungary orders full shutdown of Paks nuclear plant amid record-low Danube levels Hungary orders full shutdown of the Paks nuclear plant as Danube’s record-low water threatens cooling; grid operators plan …
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Business
Poland Joins World’s Top 20 Exporters as Export Share Rises to 1.8 Percent
by Leo Müllerby Leo MüllerPoland export growth lifts country into top 20 global exporters Poland’s export growth pushed its world export share from 0.5% to 1.8% between 2000 and 2024, according to UN Comtrade, …