Business

Heatwave Sends Electricity Prices in Germany Soaring as Evening Spikes Top €700/MWh Germany faces record evening power costs as solar output drops and demand rises; electricity prices in Germany spiked …

Japan’s 370 Trillion Yen Plan Aims to Remake Economy with AI, Semiconductors and Culture Japan announces 370 trillion yen (€2 trillion) plan to 2041 to boost AI, semiconductors, energy and …

Tesla to raise output at Grünheide plant to 7,500 cars/week, creating 3,500 jobs Tesla to raise output at its Grünheide plant to 7,500 cars/week in Oct 2026, adding 1,000 jobs; …

Merck buys Bio‑Techne for €9.9bn to expand life‑science tools in cell and gene therapy Merck buys Bio‑Techne for €9.9bn, expanding life‑science tools for cell and gene therapy. Deal set to …

Ryanair family seating to allow children to sit with parents without paid reservations Ryanair family seating policy changes after EU and UK pressure: children up to 14 can sit with …

Safe Driver Group acquires Taxi Frankfurt, launches Taxi First Mobility to modernize services Safe Driver Group acquires Taxi Frankfurt and will relaunch it as Taxi First Mobility to modernize bookings, …

H&M Misses Spring Profit Forecast After Inventory Shortfalls and Rising Cotton Costs H&M misses spring profit forecasts as inventory missteps and higher cotton costs weigh on sales; March–May operating profit …

German consumer confidence edges up but remains far below pre‑crisis levels GfK and NIM report a slight rise in German consumer confidence to -29.2 for July, but income and purchase …

European industrial policy debate sharpens as economists push debt‑funded measures European industrial policy debate intensifies as economists back debt-funded measures; Europe of the willing coalitions are offered as a pragmatic …