Business

British Steel nationalisation completed as UK secures Scunthorpe plants and jobs UK completes British Steel nationalisation, protecting Scunthorpe plants and thousands of jobs while pledging an economically viable, low‑carbon future. …

Delivery Hero Eyes Sale to Uber in Move That Highlights Europe’s Funding Shortfall Delivery Hero founder Niklas Östberg is reportedly exploring a sale to Uber for about €13 billion, a …

German chemical-pharmaceutical industry production drops 3% in H1 2026 as investments slump German chemical-pharmaceutical industry production fell 3% in the first half of 2026, with revenue down to €106 billion …

German car production shifts further abroad as major brands move models, squeezing jobs and forcing urgent policy and labour choices German car production is shifting abroad as Volkswagen, Audi, BMW …

Uber acquires Delivery Hero in €13 billion deal Uber acquires Delivery Hero for €41.50 per share, valuing the Berlin-based company at nearly €13 billion and positioning Uber as a larger …

Boehringer Ingelheim posts strong H1 growth as diabetes drug Jardiance drives sales surge Boehringer Ingelheim reported currency‑adjusted H1 revenue of €15.8 billion, up 16% year‑on‑year, boosted by Jardiance and a …

European auto sector job losses could hit 726,000 by 2040, Fraunhofer study warns Fraunhofer study warns European auto sector job losses could reach 726,000 by 2040 as electrification and offshore …

ASML Now Europe’s Most Valuable Company as Chipmaking Dominance Widens ASML becomes Europe’s most valuable company at over €600 billion, its EUV chip machines driving markets, shaping tech supply chains …

Meta AI layoffs spark California lawsuit alleging bias against employees on leave and with disabilities 26 former Meta employees filed suit in California alleging internal AI systems shaped ‘Meta AI …