German growth package unveiled: 34 measures aim to jump-start economy but experts warn gains will be small New 34-point German growth package, the “Program for Upswing and Employment,” promises tax …
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Politics
Coalition announces sweeping reform package to boost Germany’s growth and jobs
by Hans Ottoby Hans OttoGermany unveils “Program for Upswing and Employment” with tax, labour and pension reforms Chancellor Merz on July 2, 2026, presented the Program for Upswing and Employment, a package of more …
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Business
Siemens announces €300 million German investment to create 700 jobs by 2030
by Leo Müllerby Leo MüllerSiemens investment in Germany: €300 million to expand Frankfurt plants and build Offenbach supplier Siemens investment in Germany: the technology group will spend €300 million to expand manufacturing in Frankfurt …
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Technology
SAP Announces Interim Transition as Alam Exits to Advise on All-in on AI
by Helga Moritzby Helga MoritzSAP transition: Klein announces temporary arrangement to limit disruption after Alam’s departure SAP transition: CEO Christian Klein says a temporary measure to limit disruption after Alam’s departure, with a US …
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Iran Says Strait of Hormuz Under ‘Total Oversight and Management’ for 30 Days Iranian foreign minister Abbas Araghchi told a press conference in Tehran that the Strait of Hormuz is …
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Business
Clemens Fischer announces Munich trial of brain-computer implant to relieve pain
by Leo Müllerby Leo MüllerClemens Fischer Pushes German Brain-Computer Interface Program to Rival Elon Musk Clemens Fischer’s Futrue Neurosciences secures approval for a cannabis-based pain drug and readies a brain-computer interface implant in Munich, …
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Business
Porsche announces Cayenne production move to Leipzig requiring wage cuts
by Leo Müllerby Leo MüllerCayenne production in Leipzig: Porsche to move electric SUV from Bratislava as workers accept pay cuts Porsche to shift Cayenne production in Leipzig from Bratislava to use plant capacity; workers …
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Politics
Stuttgart 21 announces €3 billion cost increase and 2031 opening delay
by Hans Ottoby Hans OttoDeutsche Bahn confirms €3bn cost rise and delays Stuttgart 21 opening to 2031 Deutsche Bahn raises Stuttgart 21 costs by €3bn to €14.5bn and delays the new underground station to …
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Business
Tesla Announces Grünheide Production Boost to Create 1,000 New Jobs
by Leo Müllerby Leo MüllerTesla to raise output at Grünheide plant to 7,500 cars/week, creating 3,500 jobs Tesla to raise output at its Grünheide plant to 7,500 cars/week in Oct 2026, adding 1,000 jobs; …
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Technology
Amazon announces $13 billion AI and cloud investment in India through 2030
by Helga Moritzby Helga MoritzAmazon investment in India jumps by $13 billion to expand AWS AI and cloud infrastructure Amazon investment in India increases by $13B through 2030 to boost AWS data centers and …