Business

Volkswagen sells Everllence majority stake to Bain after protracted divestment Volkswagen sells Everllence majority stake to Bain for over €1 billion, raising governance questions and securing worker guarantees amid wider …

German pension commission urges end to Minijobs’ special tax status Pension commission urges end to Minijobs’ special tax status, a proposal that could reduce net pay for up to seven …

Volkswagen Weighs Exit from Bosch Autonomous Driving Alliance After €1.5bn Investment Volkswagen is reportedly weighing a withdrawal from the Volkswagen-Bosch autonomous driving alliance after investing €1.5 billion, citing slow technical …

Heatwaves drive surge in demand for air conditioners in Germany, causing stockouts and installer backlogs Air conditioners in Germany are experiencing a sharp rise in demand as recent heatwaves push …

German health care system under strain: high spending, mixed results, and political limits on reform Germany’s health care system faces a public-perception crisis as patient experiences of crowded emergency departments …

Alan Greenspan dies at 100, prompting reassessment of his Fed legacy Alan Greenspan’s death at 100 renewed debate over his role in modern central banking and his judgments on productivity, …

Air conditioning surge drives electricity prices higher in Germany Air conditioning demand in Germany is lifting electricity prices this summer, triggering wholesale market spikes and risking higher bills for consumers. …

ECJ Rules Real Estate Transfer Tax Cannot Be Levied on Corporate Restructurings Portugal ruling affirms Directive 2008/7/EC bars member states from imposing real estate transfer tax on share-based restructurings, with …

Nursing Home Costs Surge as Diakonie’s New Cologne Facility Faces €9,000 Monthly Fees Diakonie Michaelshoven’s new House Six in Cologne exposes soaring nursing home costs in Germany — up to …