Business

BASF beats Q1 estimates but warns of Iran war risks as it confirms 2026 targets BASF reported stronger than expected first quarter results with adjusted EBITDA of €2.36 billion, while …

Germany heating law reform secures tenant cost cap as costs split with landlords Coalition agrees to halve CO2, network and biogas cost risks for tenants while introducing landlord contributions for …

Hungary oligarchs asset transfers trigger market losses and a pledged anti-corruption crackdown Hungary oligarchs asset transfers to UAE, US and Uruguay spark probes after election; incoming PM Péter Magyar vows …

Mercedes Q1 2026 Results: Automotive EBIT Falls Nearly 50% to €933m Mercedes Q1 2026 results: automotive EBIT fell 47.2% to €933m as deliveries dropped and China sales plunged 27%; management …

German inflation rises to 2.9% in April as energy costs surge German inflation rose to 2.9% in April after oil-price spikes tied to the Iran conflict pushed energy costs higher …

KFC May Withdraw “Krispy Kebab” in Germany Amid Trademark Dispute with Bielefeld Chain KFC Germany is considering removing its new Krispy Kebab from menus after a trademark dispute with Bielefeld-based …

Raids in NRW and Bavaria Target Monheim Tax Haven in Probe of Mailbox Service Prosecutors confirm searches at 21 sites as investigators probe allegations that a provider helped companies use …

Adidas posts stronger-than-expected Q1 2026 as World Cup campaign lifts outlook Adidas surged in Q1 2026 with €6.6 billion revenue and a 15.5% rise in operating profit, keeping full-year guidance …

Klingbeil budget 2027 draws fire as Germany’s borrowing nears €200 billion Lars Klingbeil’s budget 2027 blueprint is criticized for soaring borrowing, rising debt service and fiscal gaps projected to reach …