Bosch leadership shock as Stefan Hartung exits amid mass job cuts and partnership setbacks Bosch faces renewed upheaval after CEO Stefan Hartung’s abrupt exit amid job cuts and strategic setbacks, …
Business
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Business
China exports to Germany surge 27% in June, widening $22.3 billion deficit
by Leo Müllerby Leo MüllerChinese exports to Germany surge, widening H1 trade gap driven by chip and data-equipment price gains Chinese exports to Germany jumped 27.2% in June and rose 19% in the first …
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Business
Helsing Raises $1.8 Billion to Scale AI Drone Platforms, Valued $18 Billion
by Leo Müllerby Leo MüllerHelsing raises $1.8 billion, vaulting Munich drone firm to $18 billion valuation Helsing raises $1.8 billion in a blockbuster round, lifting the Munich drone and AI company to an $18 …
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Business
Chinese exports to Germany surge 27% in June and widen trade deficit
by Leo Müllerby Leo MüllerChina exports to Germany surge in June, widening first-half trade deficit China exports to Germany jumped 27.2% year-on-year in June, while imports from Germany rose just 3.1%, data from China’s …
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Business
German government proposes capital-funded pension to complement pay-as-you-go system
by Leo Müllerby Leo MüllerGermany Proposes Capital-Funded Pension as Sweden Model Sparks Union Opposition Germany’s proposed capital-funded pension has reignited debate, with the government citing Sweden’s model while unions and the left warn about …
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Business
German data protection reform stalls as CSU resists central oversight
by Leo Müllerby Leo MüllerGerman data protection reform stalled by CSU resistance and Interior Ministry delay German data protection reform stalls as CSU resistance and Interior Ministry delays prolong legal uncertainty for businesses; key …
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Business
Chinese workers protest unpaid wages at Ust-Luga chemical plant in Russia
by Leo Müllerby Leo MüllerChinese workers in Ust-Luga stage mass protests over unpaid wages and confined conditions Chinese workers in Ust-Luga protest unpaid wages, seized passports and prison-like housing at a major chemical site, …
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Business
Paramount faces lawsuit from 12 states over $110 billion Warner Bros. Discovery takeover
by Leo Müllerby Leo MüllerParamount takeover of Warner Bros. Discovery faces antitrust lawsuit from a dozen states A coalition of 12 U.S. states has sued to block the Paramount takeover of Warner Bros. Discovery, …
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Business
Deutsche Bahn faces backlash as renovated Wupper bridge fails
by Leo Müllerby Leo MüllerDeutsche Bahn’s credibility tested after newly renovated Köln–Hagen bridge found unsafe Deutsche Bahn reshuffled its ad agencies, then faced a setback: a degraded Wupper bridge on the Köln–Hagen line caused …
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Business
Inflexion acquires German medtech Primed from Paragon Partners for €300 million
by Leo Müllerby Leo MüllerInflexion acquires Primed in roughly €300 million deal Inflexion buys German medtech Primed for about €300 million, aiming to speed product development and expand Primed’s presence in hospitals across 70 …