Business

Volkswagen Confirms Major Restructuring as Board Weighs Sweeping Cost Cuts Volkswagen confirms a major restructuring as CEO Oliver Blume and the board weigh new savings, possible plant closures and up …

Volkswagen model range to be halved as supervisory board defers plant and job decisions VW to halve model range while supervisory board postpones decisions on plant closures and job cuts; …

Germany’s tank rebate reached motorists by about 80%, Bundeskartellamt says Bundeskartellamt: Germany’s tank rebate in May–June reached motorists by about 80% — diesel 82.6%, E5 77.8%. Analysis of pass‑through, costs, …

Volkswagen restructuring faces renewed turmoil after split supervisory board vote VW faces potential plant closures and wider job cuts after a fraught supervisory board meeting; management vows sweeping realignment amid …

Manhattan skyscraper collapse threat sparks mass evacuation and raises questions about office-to-residential conversions A 37-story Manhattan skyscraper threatened collapse on July 7, 2026, triggering a large-scale evacuation and emergency response …

EasyJet takeover battle intensifies as private-equity bidders press competing offers Competing bids for EasyJet from Castlelake and Apollo force the board to drop resistance, sparking debate over breakup risks, fleet …

Statutory health insurance reform passed by Bundestag after turbulent debate Germany’s Bundestag approved a statutory health insurance reform on July 10, 2026, after a heated session that underscored political urgency …

German healthcare savings law defended by minister as reforms provoke wide opposition Germany’s health-care savings law faces fierce resistance from hospitals, doctors and industry, but the health minister says the …

German reform package draws criticism for protecting elites and burdening vulnerable Critics say the German reform package cements privileges, burdens vulnerable groups and lacks clear financing or vision across pensions, …