Business

Germany launches review of Vacuumschmelze takeover by Energy Fuels Germany opens an investment review into Energy Fuels’ $1.9B Vacuumschmelze takeover, probing strategic magnet supply links to aerospace, defense and EV …

New consumer rules in Germany take effect in August 2026, from AI labels to repair rights New consumer rules in Germany take effect in August 2026, covering AI labelling, the …

German pharmacies face retail assault as dm, Rossmann and Lidl expand into medicine sales German pharmacies are contending with intensified competition as drogerie chains and supermarkets push into over-the-counter and …

Tonies launches cheaper screen-free audio box as it broadens age range and global push Tonies unveils a cheaper screen-free audio box as it expands age ranges and international footprint, aiming …

Oil prices tumble after US and Iran pause mutual attacks Oil prices plunged after the US and Iran paused mutual strikes, the largest one‑day drop since May; analysts warn geopolitical …

Trixie acquisition: Central Garden & Pet to buy 80% stake for €340 million Central Garden & Pet will acquire an 80% stake in Trixie for €340 million in cash, using …

Porsche to cut 5,000 jobs, extends site guarantee to 2035 and pledges €2.1bn investment Porsche to cut 5,000 jobs in coming years; company and works council extend site guarantee to …

European AI sovereignty put to the test after US export controls briefly disabled Anthropic’s Fable 5 US export controls briefly disabled Anthropic’s Fable 5, revealing gaps in European AI sovereignty …

Audi cuts revenue forecast as profit falls and China sales weaken Audi cuts revenue forecast to €58–63bn and lowers margin guidance after Q2 profit fell; company cites weak China demand, …