Business

Migrant skilled workers in Germany concentrate in cities and the West, leaving east with low shares, IW study finds IW study finds migrant skilled workers in Germany concentrate in city-states …

US diesel shipments diverted to Durban after higher bids, leaving Amsterdam deliveries short US diesel shipments bound for Amsterdam were diverted to Durban in April after higher bids; tankers including …

Vodafone Germany positions itself as a challenger with Dortmund summit and new customer-first strategy Marcel de Groot frames Vodafone Germany as an aggressive challenger after addressing 500 managers at Borussia …

Paramount acquisition of Warner Bros. Discovery wins shareholder approval in $110B deal Paramount acquisition of Warner Bros. Discovery wins shareholder approval in $110B deal; regulators must still approve amid CNN …

Meta layoffs to cut about 8,000 jobs as company prioritizes AI spending Meta layoffs will cut roughly 8,000 jobs as the company reshapes to fund large AI infrastructure spending; about …

EU Commission rejects overprofit tax, says member states may act nationally EU Commission says it has no plans for an overprofit tax and will not speculate on future EU-wide measures, …

German government reform under strain as business confidence collapses Berlin’s coalition faces mounting pressure as businesses decry stalled German government reform; deadlines for budget, tax and health measures loom this …

Porsche bonus canceled for 2025 amid strained finances Porsche cancels its voluntary 2025 employee bonus as the company cites difficult economic conditions, affecting staff at German sites including Leipzig. Porsche …

UK Biobank data allegedly offered for sale on Alibaba, UK ministers say datasets removed UK Biobank data from 500,000 volunteers were offered for sale on Alibaba; UK ministers say the …