Business

Richest ten percent responsible for $1.7–$5.7 trillion in annual environmental damage, study finds Researchers say the richest ten percent cause $1.7–$5.7 trillion in yearly environmental damage, driven largely by biodiversity …

German housing market faces acute shortage as construction collapses and policy fights escalate Germany’s housing shortage worsens as the German housing market sees soaring urban demand, a 30% collapse in …

China exports to Europe surge, threatening key industries and jobs Rising exports from China to Europe are outpacing EU shipments and pressuring manufacturers across the bloc, from automakers to energy-equipment …

Northvolt battery plant in Schleswig-Holstein sold to start-up Lyten after project collapse Swedish battery maker Northvolt’s failed Northvolt battery plant in Schleswig-Holstein has been taken over by start-up Lyten, after …

BaFin appoints special commissioners at Berenberg as Schaeffler drone tie-up and US drug-price probe surface BaFin appoints special commissioners to lead Berenberg amid regulatory scrutiny. Schaeffler partners with a French …

EU supply chain law to force companies to diversify suppliers and curb reliance on China EU Commission will propose an EU supply chain law to force companies to diversify suppliers …

German auto industry in China loses ground as BYD targets global leadership by 2030 German auto industry in China loses ground amid a surge in Chinese exports and BYD’s push …

German producer prices climb 2.2% in May as oil shock drives costs German producer prices rose 2.2% year‑on‑year in May as energy and input costs surged following oil supply disruptions …

Friedrich-Ebert Bridge in Bonn to Stay Closed for Cars and Trucks for at Least Two Years Friedrich-Ebert Bridge in Bonn will remain closed to cars and heavy vehicles for at …