Business

Silver Investment Partners buys CTS Reisen in major school-trip market deal Silver Investment Partners buys majority stake in CTS Reisen, signaling consolidation in Germany’s school-trip market as the operator surpasses …

German Wirtschaftsrat urges end to Mütterrente and early-retirement perks Wirtschaftsrat calls to abolish the Mütterrente and other early-retirement benefits, warning Germany cannot afford additional pension “gifts” amid demographic change. The …

Survey: Vacation Pay in Germany Favours Men, Western Workers and Large Firms WSI survey finds vacation pay in Germany unevenly distributed; men, West German employees and staff in large firms …

CDU Economic Council Urges Cuts to Mütterrente and End to Early-Retirement Incentives CDU Economic Council calls to abolish Mütterrente and early-retirement incentives, warning demographic strain could push social contributions toward …

Strait of Hormuz reopening: Indian tanker Disha leads first convoy after US–Iran accord Strait of Hormuz reopening: Indian tanker Disha departs Ras Laffan and is due in Dahej on June …

Thyssenkrupp Moves Forward with TK Accelis Spin-Off, Plans Frankfurt Listing Thyssenkrupp’s supervisory board has approved the spin-off of its material trading arm, TK Accelis, setting the stage for a partial …

KNDS Germany to double workforce, add factories as tank production scales amid €33.1bn backlog KNDS Germany will double its domestic workforce and expand factories as it ramps up tank and …

Regional price differences in Germany: Munich 24% costlier as rents push city premiums New 2024 Regional Price Index finds Munich nearly 24% above the national average; rents drive urban premium …

SpaceX IPO Sends Valuation to $2.75 Trillion After Stock Surge SpaceX IPO stock jumped to $209 per share, valuing the company at $2.75 trillion and briefly eclipsing peers as analysts …