Bosch Reports First Annual Loss in Years as Restructuring Costs and US Tariffs Bite Bosch posts a €400m after-tax loss as restructuring charges and US tariffs hit results; 2024 profit …
Business
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Business
EU approves German industrial electricity price and allows €3.8 billion subsidies
by Leo Müllerby Leo MüllerEU Approves German Industrial Electricity Price Support, Clearing €3.8bn Aid EU approves Germany’s industrial electricity price support, allowing €3.8bn in state aid for energy‑intensive companies, subject to strict EU safeguards. …
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Business
Rewe announces acquisition of up to 40 Tegut stores under antitrust review
by Leo Müllerby Leo MüllerRewe Tegut takeover: Rewe to acquire up to 40 Tegut stores Rewe to take over up to 40 Tegut supermarkets as Migros exits Germany; deal faces Bundeskartellamt review amid concentration …
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Business
Aegon sells UK life business to Standard Life for £2 billion
by Leo Müllerby Leo MüllerAegon sells UK business to Standard Life in deal valued at about £2bn Aegon sells UK business to Standard Life for £2bn, retaining UK asset management as it completes its …
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Ehegattensplitting Reform Proposed as Germany Ends Free Spousal Health Coverage
by Leo Müllerby Leo MüllerGermany Weighs Reform of Ehegattensplitting and Free Spousal Mitversicherung April 2026 proposals to reform Ehegattensplitting and limit free spousal Mitversicherung may reduce tax and insurance benefits for single‑earner families. Germany’s …
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Munich appeals court rules landlord must pay tenant’s relocation costs
by Leo Müllerby Leo MüllerWrongful lease termination: OLG Munich orders landlord to pay higher rental costs for displaced medical practice OLG Munich orders landlord to pay extra costs after invalid termination of a ten-year …
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China’s economy outperforms forecasts with 5.0% Q1 growth amid energy shock
by Leo Müllerby Leo MüllerChina GDP growth beats forecasts with 5.0% rise in Q1 2026 amid oil shock China GDP growth surprised markets with a 5.0% year-on-year increase in Q1 2026, exceeding analyst forecasts …
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Business
German government announces €1,000 tax-free payout, employers call policy a central error
by Leo Müllerby Leo MüllerGovernment’s €1,000 tax-free bonus sparks employer backlash as BDA calls plan a ‘central error’ Berlin unveils a €1,000 tax-free bonus for employees, but employers must fund it — the BDA …
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Business
China accused of hoarding oil and restricting exports amid energy crisis
by Leo Müllerby Leo MüllerChina oil exports cut deepens energy crisis as U.S. accuses Beijing of hoarding China oil exports cut deepens energy crisis as U.S. accuses Beijing of hoarding (150–160 characters) China oil …
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Business
Schaeffler INA bearings discovered in Russian drones shot down near Kharkiv
by Leo Müllerby Leo MüllerGerman components in Russian drones found in Kyiv garage, INA marking prompts supply-chain scrutiny Bearings stamped “INA”, a Schaeffler brand, were found in drone motors recovered near Kharkiv, prompting scrutiny …