Autonomous driving setback: VW and Bosch abandon joint development as China accelerates VW and Bosch end their autonomous driving partnership as China surges; Momenta’s Hong Kong IPO and rapid AD …
Business
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Business
Fuel tax cut in Germany only partially passed to drivers, ifo finds
by Leo Müllerby Leo MüllerIfo: Germany’s tank rebate largely reached petrol drivers but only partly reached diesel motorists Ifo finds Germany’s tank rebate was almost fully passed to petrol buyers but only partly to …
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Business
Germany’s productive net investments fall to 0.2% of GDP, McKinsey finds
by Leo Müllerby Leo MüllerGermany’s productive net investments slump to 0.2% of GDP, McKinsey warns Germany’s productive net investments fell to just 0.2% of GDP in 2024, putting the country at the bottom of …
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Greenpeace accuses German government of adding €11 billion in climate‑harmful subsidies
by Leo Müllerby Leo MüllerGreenpeace says Germany introduced €11 billion in environmentally harmful subsidies Greenpeace says Germany introduced €11 billion in environmentally harmful subsidies this year, citing a FÖS calculation; the report comes ahead …
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EU sets October deadline for tangible results in China trade talks
by Leo Müllerby Leo MüllerEU sets October deadline in EU-China trade talks to address €360bn deficit EU seeks concrete results in EU-China trade talks by October, launching four working groups and a traffic‑light system …
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JD.com takeover cleared by German ministry with data safeguards as EU probes
by Leo Müllerby Leo MüllerJD.com takeover of MediaMarktSaturn approved by Germany with strict conditions Germany authorises JD.com takeover of MediaMarktSaturn with strict data and oversight conditions; EU probes possible Chinese subsidies ahead of October …
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Business
Artificial Intelligence marks 70 years since Dartmouth conference that launched field
by Leo Müllerby Leo MüllerDartmouth Conference 1956: How a Summer Workshop Sparked the Age of Artificial Intelligence Seventy years after the Dartmouth Conference 1956, historians and technologists mark how a small summer proposal and …
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Business
Ryanair accused by German pilot union of unfair tactics in wage talks
by Leo Müllerby Leo MüllerRyanair Pilot Negotiations Stall as German Union Accuses Airline of Unfair Tactics Vereinigung Cockpit accuses Ryanair of unfair tactics in Ryanair pilot negotiations, prompting legal counsel and coordinated action by …
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German Coalition’s Social Security Hikes Threaten to Erase 500‑Euro Tax Relief
by Leo Müllerby Leo MüllerRising social security contributions threaten to wipe out proposed €500 tax relief in Germany Planned €500 tax relief risks being offset by rising social security contributions in Germany, ULA warns …
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Pension commission recommends simpler benefits access to prevent elderly poverty
by Leo Müllerby Leo MüllerPension reform debate should prioritise fighting old-age poverty, commission member says Policymakers must put old-age poverty at the centre of pension reform discussions, says former commission member Georg Cremer, urging …