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Oracle layoffs push headcount down to 141,000 as severance costs surge to $1.84bn Oracle layoffs cut headcount to 141,000 as of May 31, with $1.84bn in severance and restructuring costs …

Municipal finance crisis: German local governments warn of collapse amid rising deficits German municipalities warn of a municipal finance crisis as federal cuts and health reforms push local budgets into …

Yuan undervaluation costs German economy billions, IW study finds IW study says China’s yuan undervaluation costs Germany billions; a 40% simulated appreciation could boost GDP by 0.3% and add €43bn …

Municipal finances in crisis: German communes record nearly €32 billion shortfall in 2025 Municipal finances in Germany plunged to a record €32 billion deficit in 2025, pushing total local government …

China’s undervalued yuan costs Germany billions, IW study shows A new study by the German Economic Institute (IW), funded by the Federal Foreign Office, finds that an undervalued yuan has …

German coalition confronts income tax reform as July 1 meeting looms German coalition prepares for July 1 talks on income tax reform as health and care bills advance, facing a …

Children climate risks: UNICEF finds 1.1 billion children face multiple climate hazards UNICEF’s 2026 report warns children climate risks are rising: 1.1 billion children face three or more hazards worldwide, …

Infineon Dresden chip factory to begin production in early July Infineon’s Dresden chip factory, the Smart Power Fab, starts production in early July — a €5bn project adding 1,000 jobs …

Neura Robotics Raises $1.4 Billion to Scale Humanoid Platform Neura Robotics raises $1.4 billion from Nvidia, Amazon, Bosch and Schaeffler to scale its humanoid robot platform and accelerate global commercialization. …