German labor market shows mixed signals as May 2026 unemployment dips below three million May 2026: Germany’s labor market posts a tentative improvement as unemployment falls to 2.95 million, but …
Business
-
Business
Inflation in Germany drops to 2.6 percent in May, fuel costs up
by Leo Müllerby Leo MüllerGerman inflation eases to 2.6% in May, Destatis reports German inflation slowed to 2.6% year-on-year in May, down from 2.9% in April, according to a first estimate from the Federal …
-
Business
Galeria misses rent payments at Berlin Alexanderplatz as landlord seeks alternatives
by Leo Müllerby Leo MüllerGaleria falls behind on rent at Berlin’s Alexanderplatz as landlords press for payments and upgrades Galeria falls behind on rent at several stores, including Berlin’s Alexanderplatz; landlords press for payments …
-
Business
Immoscout24 study finds nearly half of German cities charge over €10/sqm
by Leo Müllerby Leo MüllerRental prices in German cities: Study finds nearly half of large independent cities exceed €10 per m² ImmoScout24 analysis shows rental prices in German cities average €9/m²; nearly half of …
-
Business
Anthropic raises $65 billion, valued near $1 trillion, overtakes OpenAI
by Leo Müllerby Leo MüllerAnthropic funding surge: startup raises $65 billion, reaches near-$1 trillion valuation Anthropic funding has vaulted the five-year-old AI firm to the center of the industry after a new financing round …
-
Business
German chemical industry records 2% Q1 rise but warns recovery fragile
by Leo Müllerby Leo MüllerGerman chemical industry sees short-term boost as Iran war triggers precautionary orders German chemical industry posts modest Q1 2026 lift as production and sales rise 2% q/q amid Iran war-driven …
-
Business
Defense industry holds forum at Borussia Dortmund stadium courting German SMEs
by Leo Müllerby Leo MüllerDefense industry goes public as Rheinmetall and peers brief 500 business leaders at Borussia Dortmund stadium Rheinmetall, MBDA and drone maker Quantum Systems addressed 500 business leaders at Borussia Dortmund, …
-
Business
German import prices jump 5.3% in April amid Iran war energy shock
by Leo Müllerby Leo MüllerGerman import prices jump 5.3% in April as Iran conflict fuels energy costs German import prices rose 5.3% year‑on‑year in April, driven by soaring oil, kerosene and gasoline after the …
-
Business
German coalition deadlocks over eight-hour day as economists propose targeted extension, unions warn
by Leo Müllerby Leo MüllerGermany Stalls on Eight-Hour Workday Reform as Economists Suggest Targeted Extensions Germany’s coalition is deadlocked over changes to the eight-hour workday, with economists proposing that any extension be applied first …
-
Business
Care billing fraud drains millions from German health system amid ministry inaction
by Leo Müllerby Leo MüllerNursing care fraud in Germany: providers billed hundreds of millions for services not delivered Investigations reveal nursing care fraud in Germany, where providers billed hundreds of millions for services not …