Germany advances reserve power plants strategy to prevent “Dunkelflauten” Germany advances a power-plant strategy to prevent ‘Dunkelflauten’, raising auction bid caps to €244,000/MW while requiring H2-ready gas plants this summer. …
Business
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Business
GdW warns new-build investment could fall to €6 billion in 2026
by Leo Müllerby Leo MüllerGdW Warns of New-Build Investment Slump in Germany GdW warns of a new-build investment slump as construction costs cut 2026 new-build spending to €6bn; urges ‘type E’, faster approvals and …
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EasyJet reaches preliminary deal with Castlelake on £5.5 billion bid
by Leo Müllerby Leo MüllerEasyJet takeover edges closer as Castlelake secures “principal agreement” with airline board Castlelake bids £6.90 per share for EasyJet, agreeing a principal deal with the board; the proposed EasyJet takeover …
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Microsoft layoffs: 4,800 jobs cut worldwide as Xbox to shed 3,200 roles Microsoft layoffs: Company will cut 4,800 positions globally, mostly in Xbox where 3,200 roles will go; 1,600 cuts …
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Business
TKMS Shares Surge After Thyssenkrupp Unit Reportedly Beats South Korean Rival for Submarine Contract
by Leo Müllerby Leo MüllerMedia report fuels TKMS submarine order speculation as shares climb A media report suggesting a TKMS submarine order lifted Thyssenkrupp Marine Systems shares after it was reported the firm beat …
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Deutsche Bahn estimates €8.57bn Brenner North access project, warns of €7.6bn contingency
by Leo Müllerby Leo MüllerDeutsche Bahn pegs Brenner-Nordzulauf planning and construction at €8.57bn amid large risk and inflation reserves Deutsche Bahn estimates the Brenner-Nordzulauf will require €8.57bn for planning and construction, with nearly €7.6bn …
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Opening a Café: Two Years On, Owner Works 80 Hours for €1,400 Net After opening a café, owner Monique Eichhorn now works up to 80 hours a week and nets …
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Business
German retailers demand general Sunday openings after government bakery hours plan
by Leo Müllerby Leo MüllerRetail Groups Push for Expanded Sunday Opening Hours After Government Proposal Retail associations urge full Sunday opening hours as coalition plans limited extensions for bakeries and libraries from January 1, …
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Business
Bayer wins US Supreme Court glyphosate case as plaintiff vows renewed fight
by Leo Müllerby Leo MüllerSupreme Court Rules for Bayer in Glyphosate Case, Overturning $1.25M Verdict U.S. Supreme Court rules that federal pesticide law preempts state failure-to-warn claims, overturning a $1.25M award and narrowing glyphosate …
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Business
Vintage furniture buyers warned to test for toxic finishes before restoring
by Leo Müllerby Leo MüllerVintage furniture hazards: buyers warned about toxic paints, asbestos and hidden chemicals Vintage furniture hazards: Experts warn buyers to test for lead, chromate pigments, asbestos and treated upholstery before restoration …