Germany reaffirms BAföG reform timetable despite minister’s doubts Research ministry says BAföG reform will go to cabinet end of July to take effect Winter semester 2026/27 amid ministerial doubts and …
approval
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Business
Arla acquires DMK after EU approval and creates Europe’s largest dairy cooperative
by Leo MĂĽllerby Leo MĂĽllerArla DMK merger to form Europe’s largest dairy cooperative as EU clears deal EU clears Arla DMK merger to form Europe’s largest dairy cooperative on June 1, 2026, uniting 12,000 …
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Technology
Samsung Electronics seeks environmental approval for $1.5bn Vietnam chip-testing plant, eyes $2.5bn
by Helga Moritzby Helga MoritzSamsung Semiconductor Testing Plant in Vietnam: $1.5B Investment Planned, $2.5B More Under Consideration Samsung plans a $1.5B semiconductor testing plant in Vietnam, with a potential additional $2.5B, per an April …
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Business
Germany launches industrial electricity price after EU approval, offers €3.8bn relief
by Leo MĂĽllerby Leo MĂĽllerGermany’s Industriestrompreis Approved by EU to Subsidise Industrial Power Costs Germany’s Industriestrompreis, approved by Brussels, subsidises industrial electricity through 2028. Who qualifies, how it works, costs, and industry reactions. The …
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Politics
Germany wins EU approval for €5 billion industry decarbonization fund
by Hans Ottoby Hans OttoEU Approves €5 Billion Germany Industrial Decarbonisation Funding EU approves €5 billion package to help Germany decarbonise energy‑intensive industry through competitive tenders and strict COâ‚‚ reduction targets. Approval of a …
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Technology
Nuro secures California DMV approval to test Lucid Gravity driverless SUVs
by Helga Moritzby Helga MoritzNuro driverless testing permitted for Lucid Gravity SUVs by California DMV California DMV has modified Nuro’s driverless testing permit to include Lucid Gravity SUVs, enabling staged driverless trials as Uber …
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Business
UniCredit to launch formal takeover offer for Commerzbank after €6.7bn capital approval
by Leo MĂĽllerby Leo MĂĽllerUniCredit takeover of Commerzbank advances as shareholders approve €6.7bn capital increase UniCredit takeover of Commerzbank moves forward after shareholders approve a €6.7bn capital raise; formal offer to be presented and …
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Business
Montezemolo seeks approval to launch 30 high-speed trains in Germany
by Leo MĂĽllerby Leo MĂĽllerMontezemolo Eyes Italo High-Speed Trains in Germany with 30 Siemens Sets from 2028 Luca Cordero di Montezemolo is planning to introduce Italo high-speed trains in Germany from 2028, proposing 30 …
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Business
BASF reaffirms 2026 targets, seeks shareholder approval for Agricultural Solutions spin-off
by Leo MĂĽllerby Leo MĂĽllerBASF beats Q1 estimates but warns of Iran war risks as it confirms 2026 targets BASF reported stronger than expected first quarter results with adjusted EBITDA of €2.36 billion, while …
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Business
RTL Group secures EU approval to acquire Sky Deutschland for €150m
by Leo MĂĽllerby Leo MĂĽllerRTL acquires Sky Deutschland as EU gives unconditional approval EU regulators have approved RTL’s takeover of Sky Deutschland, clearing a deal that closes June 1, 2026, reshaping German TV, streaming …