Covestro warns of deepening supply shocks as oil nears $100 and Europe faces industry strain Covestro warns of supply shocks after Iran conflict as oil nears $100; CEO Steilemann details …
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EU-Mercosur trade pact enters into force, creates 720 million consumer market
by Leo Müllerby Leo MüllerEU-Mercosur trade agreement provisionally enters into force, creating a 720 million-person market EU-Mercosur trade agreement provisionally enters into force on May 1, 2026, creating a market of about 720 million …
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Total caps petrol at €1.99 per liter in France amid record profits
by Leo Müllerby Leo MüllerTotal caps petrol price in France at €1.99 per litre amid record profits Total caps petrol at €1.99/l in France, cuts diesel on holidays and says falling oil costs will …
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Germany’s Tank Rebate Takes Effect as Fuel Prices Fall Partially
by Leo Müllerby Leo MüllerGermany’s Tankrabatt Takes Effect as Fuel Taxes Fall by Around €0.17 per Litre Germany’s Tankrabatt begins as fuel taxes fall ~€0.17/l for two months; early pump prices decline but full …
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Meta announces 8,000 job cuts as AI efficiency fuels record investment plans
by Leo Müllerby Leo MüllerAI layoffs reshape big tech as Meta, Amazon and Microsoft cut office roles amid massive AI spending Major tech companies are enacting AI layoffs even as they pour billions into …
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Trade unions face reinvention as AI and automation reshape jobs
by Leo Müllerby Leo MüllerUnions and AI: Why Germany’s Labour Movement Must Reinvent Itself May Day rallies push German unions and AI into the spotlight as labour leaders demand new strategies to protect jobs, …
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Total extends gasoline cap in France to €1.99 per liter amid record profits
by Leo Müllerby Leo MüllerTotalEnergies caps petrol at €1.99 per litre in France as diesel discounts and record profits stir debate TotalEnergies extends petrol price cap at €1.99/l across France, reduces diesel for holiday …
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Oxfam reveals CEO pay rose 54 percent while workers’ real wages fell
by Leo Müllerby Leo MüllerCEO pay gap widens sharply as Oxfam finds executive salaries soared while workers’ real wages fell Oxfam analysis shows the CEO pay gap intensified since 2019, with global chief executive …
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Eurozone Inflation Rises to 3.0% in April as Energy Costs Surge
by Leo Müllerby Leo MüllerEurozone inflation rises to 3.0% in April 2026 as energy costs surge Eurozone inflation hit 3.0% in April 2026, pushed higher by a 10.9% jump in energy prices, with uneven …
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EU deforestation regulation threatens Ethiopian coffee farmers and forests
by Leo Müllerby Leo MüllerEU Deforestation Regulation Threatens Ethiopian Smallholder Coffee Livelihoods EU deforestation regulation could block millions of Ethiopian coffee smallholders from EU markets if strict geolocation and historical forest‑cover rules remain, risking …