BMW X5 Unveiled in Spartanburg as CEO Nedeljković Faces Profit Warning and Restructuring BMW X5 unveiled in Spartanburg as CEO Milan Nedeljković faces profit warning and restructuring; iX5 electric production …
Business
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Business
German coalition plans sweeping health, pension and tax reforms to spur growth
by Leo Müllerby Leo MüllerGermany’s Coalition Stakes Social Reform on Economic Growth Government coalition meeting on July 1, 2026, aims to approve sweeping reforms — but questions remain over the feasibility of relying on …
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Business
Europa-Park opens Monaco-themed Klein-Monaco area featuring Silver Star coaster
by Leo Müllerby Leo MüllerEuropa-Park Monaco area opens in Rust with Prince Albert II and F1-themed Silver Star Europa-Park opens Monaco-themed area with Prince Albert II: a Monte Carlo-style casino, F1 Silver Star coaster …
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German Fuel Prices Jump Before Tankrabatt Ends as Antitrust Office Warns
by Leo Müllerby Leo MüllerPrices spike at German pumps as Tankrabatt ends July 1, 2026 Fuel prices surged at German stations before the Tankrabatt ends July 1, 2026; ADAC reports midday jumps and regulators …
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Hamburg court voids condominium vote over missing heat pump details
by Leo Müllerby Leo MüllerHamburg court invalidates owners’ vote over heat pump installation Hamburg court annulled a condominium vote after owners lacked crucial data on a heat pump installation; ruling requires full technical details …
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Business
UBS Global Wealth Report finds private wealth grew 10.8% in 2025
by Leo Müllerby Leo MüllerGlobal private wealth rises 10.8% in 2025, UBS reports; Germany records 2.6 million millionaires UBS reports global private wealth rose 10.8% in 2025, concentrated in the US and China, with …
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Business
Germany warned to overhaul taxes and labor rules to regain competitiveness
by Leo Müllerby Leo MüllerGermany’s competitiveness questioned after Merz praises national team post-World Cup exit Germany’s competitiveness faces scrutiny after Merz praised the national team post-World Cup exit, fueling demands for tax cuts and …
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Business
ifo survey shows fewer firms plan price rises as energy costs fall
by Leo Müllerby Leo Müllerifo price expectations drop to 26.5 in June as energy costs ease ifo price expectations fall to 26.5 in June as energy costs decline; firms report fewer planned hikes, though …
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Business
Germany overhauls Bürgergeld, renames it Grundsicherung and tightens sanctions
by Leo Müllerby Leo MüllerBürgergeld Reform Takes Effect July 1: New ‘Grundsicherung für Arbeitssuchende’ Imposes Tighter Rules Bürgergeld reform starts July 1, replacing the benefit with a ‘Grundsicherung’ and imposing stricter job duties, sanctions, …
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Business
ifo survey reveals firms’ price expectations fall as energy prices ease
by Leo Müllerby Leo Müllerifo price expectations ease in June 2026 as energy costs fall, ifo survey shows ifo price expectations fall to 26.5 in June 2026 as energy costs ease; survey shows fewer …