Business 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 …
Business
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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 …
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Business
Deutsche Bahn launches Kiana assistant, invests €50 million in AI
by Leo Müllerby Leo MüllerDeutsche Bahn customer communication overhaul: €50m investment and AI assistant Kiana unveiled Deutsche Bahn customer communication will be upgraded with a €50 million IT and AI investment, a new multilingual …
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Business
German tax reform leaves middle-income earners with minimal relief after social contributions
by Leo Müllerby Leo MüllerGerman tax reform’s promised relief eroded by rising social contributions, analysis shows German tax reform will yield smaller net relief than promised as rising social contributions and higher contribution limits …
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Business
GdW warns German housing construction will fall to 200,000 units in 2026
by Leo Müllerby Leo MüllerGermany housing construction set to fall further in 2026, GdW warns GdW warns Germany will complete about 200,000 homes in 2026 against a 320,000-unit need, blaming high costs, rising borrowing …
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Business
German Monopolkommission urges simplification of industrial electricity subsidies
by Leo Müllerby Leo MüllerMonopolkommission urges overhaul of industrial electricity price relief in Germany Monopolkommission calls for streamlining of industrial electricity price relief in Germany, warning that the subsidy patchwork weakens competition and efficiency. …
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Business
BYD Zhengzhou factory mapped as world’s largest, raising global labor rights concerns
by Leo Müllerby Leo MüllerBYD Zhengzhou factory exposes scale and strains of China’s export-driven production model Satellite imagery shows BYD Zhengzhou factory spans roughly 50 km², highlighting rapid expansion and mounting scrutiny over worker …
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Business
Germany’s Reform Program Fails to Lift Potential Growth, Institutes Say
by Leo Müllerby Leo MüllerGerman reform program judged insufficient to revive long-term growth, institutes warn Major economic institutes warn the German reform program will not lift long-term growth; tax shifts, bureaucracy and global risks …
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Business
Deutsche Bahn set to reopen Hamburg–Hannover line tonight after upgrades
by Leo Müllerby Leo MüllerDeutsche Bahn quality offensive: Hamburg–Hanover line set to reopen tonight Deutsche Bahn quality offensive drives reopening of the Hamburg–Hanover line tonight; regional services are due to resume Saturday morning as …