U.S. economy shows strains as inflation nears 4% while corporate investment holds U.S. economy shows inflation near 4%, a plunging personal saving rate and Q1 GDP revision, while firm corporate …
Business
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UAE Business Leader Badr Jafar Warns Strait of Hormuz Closure Threatens Trade Hub Status Badr Jafar says Strait of Hormuz closure disrupted UAE ports and energy exports, forcing reroutes to …
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Business
FIFA under investigation in New York and New Jersey over World Cup ticket pricing
by Leo Müllerby Leo MüllerUS prosecutors subpoena FIFA amid rising World Cup ticket prices and seat disputes New York and New Jersey attorneys general have subpoenaed FIFA as scrutiny mounts over World Cup ticket …
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Business
Brenner mayors demand 13 noise barriers, threaten fresh blockades
by Leo Müllerby Leo MüllerMayors launch Brenner blockade protest, demand noise barriers and continued truck bans Mayors from the Wipptal region launched a Brenner blockade protest calling for immediate measures to curb heavy transit …
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Milburn report warns youth unemployment in the UK nears one million, raising alarm over a ‘lost generation’ Milburn report warns youth unemployment in the UK nears one million, projecting 1.25m …
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EU exports to the United States plunge 30.4% in Q1 as tariff uncertainty weighs EU exports to the United States fell 30.4% in Q1 to €119.4bn, Eurostat reports; overall third-country …
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Business
Otto Group posts 24% EBITDA growth and 90% profit surge under female leadership
by Leo Müllerby Leo MüllerOtto Group posts €1.1bn EBITDA as new female leadership signals strategic shift Otto Group posts stronger profits under new female leadership: EBITDA €1.1bn, net income €312m, revenue €13.8bn; restructuring and …
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Business
Cuba Energy Crisis Deepens as US Pressure and Venezuela Halt Fuel Shipments
by Leo Müllerby Leo MüllerCuba energy crisis deepens as blackouts, fuel shortages and sanctions cripple services Cuba energy crisis intensifies with 12–16 hour blackouts, dwindling fuel after Venezuela halted shipments, and U.S. sanctions squeezing …
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Business
Albert Stegemann urges using private wealth and homes to fund care
by Leo Müllerby Leo MüllerGermany nursing care reform faces asset levy debate as minister warns €22.5bn shortfall Union deputy and economists urge including private assets in Germany’s nursing care reform as Health Minister warns …
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Business
German transport policy stalled as coalition disputes delay Deutschlandticket reforms
by Leo Müllerby Leo MüllerGermany transport policy slowed by coalition disputes over Deutschlandticket and ministerial clashes Coalition disputes over the Deutschlandticket and clashes between transport and environment ministers are slowing Germany transport policy despite …