BASF restructuring wins shareholder backing as company presses ahead with cost cuts and 2027 spin-off plan BASF restructuring was embraced by shareholders at the Mannheim meeting, where management secured support …
announces
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Politics
Germany’s 2027 Budget Announces Higher Borrowing to Boost Defense Spending
by Hans Ottoby Hans OttoGerman federal budget 2027 calls for €196.5bn new borrowing to boost defence German federal budget 2027 proposes higher borrowing to finance a sharp rise in defence spending: €110.8bn net core …
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Business
Cohere announces acquisition of Aleph Alpha, Schwarz Group pledges €500 million
by Leo Müllerby Leo MüllerCohere acquires Aleph Alpha in late April 2026, creating a transatlantic enterprise AI player Cohere acquires Aleph Alpha in late April 2026, a deal that will give Cohere majority control …
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Sports
SpVgg Unterhaching Announces Withdrawal from 3. Liga Promotion Play-offs Over Financial Concerns
SpVgg Unterhaching Withdraws From Promotion Playoff to 3. Liga, Citing Economic Risks Unterhaching promotion playoff decision: club president Manfred Schwabl says financial and sporting realities force SpVgg Unterhaching to forgo …
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UAE leaves OPEC: Abu Dhabi to Exit OPEC and OPEC+ Effective May 1 UAE leaves OPEC and OPEC+ effective May 1, withdrawing a 4.8m bpd producer to prioritise national interests …
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Business
Shell announces $16.4 billion ARC takeover as Bayer shares fall
by Leo Müllerby Leo MüllerCompany liveblog: Bayer, Shell and Eli Lilly headline market moves after major legal hearing and takeover bids Company liveblog: Bayer shares fall after Supreme Court hearing; Shell unveils $16.4bn ARC …
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Politics
Trump announces three-week extension of Lebanon-Israel ceasefire after White House meeting
by Hans Ottoby Hans OttoTrump announces three-week extension of Lebanon ceasefire after White House talks President Trump announced a three-week extension of the Lebanon ceasefire after hosting Israeli and Lebanese delegations at the White …
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FIS President Praises “Exceptional” Season as TV and Social Media Drive Fan Growth FIS president Johan Eliasch says the winter season was “exceptional,” citing expanded TV reach and social media …
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Politics
Trump announces three-week extension of Lebanon ceasefire between Israel and Hezbollah
by Hans Ottoby Hans OttoTrump extends Lebanon ceasefire by three weeks after White House talks U.S. President Donald Trump announced a three-week extension of the Israel-Lebanon ceasefire on April 23, 2026, saying he had …
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German government to prepare 2026 draft law to support GDR doping victims Sports Minister Christiane Schenderlein announces a 2026 draft bill to recognize and compensate GDR doping victims after years …