Germany’s Third Heatwave Sparks Rush for Air Conditioners as Retailers Report Shortages Third heatwave in Germany drives demand for air conditioners; retailers report shortages while officials warn about costs, permits …
Business
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Business
GEMA Chief Warns of 75,000 AI-Generated Songs Daily, Sues OpenAI and Suno
by Leo Müllerby Leo MüllerGEMA chief Tobias Holzmüller on AI dispute: “75,000 AI songs every day is alarming” GEMA chief Tobias Holzmüller on AI dispute: Holzmüller warns that 75,000 AI-generated songs produced daily threaten …
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Business
Volkswagen reveals plan that could cut 50,000 jobs worldwide by 2030
by Leo Müllerby Leo MüllerVolkswagen job cuts could reach 50,000 as CEO signals broad cost reset Volkswagen job cuts: CEO Oliver Blume told staff that up to 50,000 additional roles could be eliminated by …
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Helsing raises $1.8 billion to scale AI defense software, valued $18 billion
by Leo Müllerby Leo MüllerHelsing raises $1.8 billion and hits $18 billion valuation, becoming Europe’s most valuable defence start-up Helsing raises $1.8 billion in an oversubscribed round, securing an $18 billion valuation and drawing …
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Rheinmetall wins €1 billion UK contract to digitize British army training
by Leo Müllerby Leo MüllerRheinmetall wins €1bn role in UK combat training digitalisation with Raytheon Rheinmetall joins Raytheon on a 15-year, €1bn programme to digitalise British combat training, expanding its UK footprint and workforce …
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Business
Andreas Hackethal publishes Financial Lifestyle Code offering evidence-based investment guidance
by Leo Müllerby Leo MüllerProfessor Andreas Hackethal’s Financial Lifestyle Code blends academic rigor with practical investing advice Professor Andreas Hackethal’s new book “Dein Financial Lifestyle Code” reframes personal finance with evidence-based guidance and practical …
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Business
Oil prices climb after US strikes on Iran amid Hormuz blockade fears
by Leo Müllerby Leo MüllerOil price jumps as renewed US‑Iran strikes and Strait of Hormuz fears roil markets Global oil price edges higher after US attacks on Iran and tensions around the Strait of …
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Business
Minijobs in Germany trade associations warn government against abolishing or raising costs
by Leo Müllerby Leo MüllerBusiness groups warn German government to preserve Minijobs amid reform proposals German trade associations urge the government to preserve Minijobs, warning that abolishing or raising costs would damage workers and …
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Business
Oil prices climb as US-Iran strikes raise Strait of Hormuz closure fears
by Leo Müllerby Leo MüllerOil price climbs as US strikes Iran push Brent to $78.50 amid Strait of Hormuz worries Tensions between the United States and Iran have driven the oil price higher, with …
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Business
China and EU announce joint trade observatory to rebalance relations
by Leo Müllerby Leo MüllerEU-China trade relations take cautious turn after Wang Wentao’s Brussels visit Wang Wentao met EU officials in Brussels to seek balanced EU-China trade relations, a stronger WTO and a joint …