Volkswagen profit falls 32.9% in Q2 to €1.54bn as China sales and deliveries slump Volkswagen posts 32.9% Q2 net profit drop to €1.54bn, deliveries fall in China and the group …
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Business
German consumer sentiment falls to minus 29.6 as fuel prices rise
by Leo Müllerby Leo MüllerGerman consumer sentiment weakens as GfK-NIM index dips to -29.6 in August German consumer sentiment stays weak as the GfK-NIM index falls to -29.6 in August; lower income expectations and …
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Business
German beer production falls 5.6% to below 80 million hectoliters in 2025
by Leo Müllerby Leo MüllerGerman beer production falls below 80 million hectoliters in 2025, BarthHaas reports German beer production fell below 80 million hectoliters in 2025, down 5.6%, as global output slipped to 1.896 …
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World
Jordanian military intercepts three Iranian missiles while fourth falls in remote area
by anna walterby anna walterJordan shoots down three Iranian missiles as fourth falls in remote area Jordanian forces intercepted three Iranian missiles targeting the kingdom, while a fourth fell in a remote area, the …
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World
European Commission launches $1bn Team Gaza Initiative but fund falls short
by anna walterby anna walterEU unveils $1bn Team Gaza Initiative to kickstart Gaza recovery EU launches the Team Gaza Initiative with nearly €900m ($1bn) to fund water, health and debris removal in Gaza, but …
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Alexander Zverev Falls Short in Grand Slam Final as Jannik Sinner Prevails Alexander Zverev missed a second Grand Slam title after a hard-fought final defeat to Jannik Sinner, a match …
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Technology
Nvidia stock falls as DRAM prices surge, Micron triples value
by Helga Moritzby Helga MoritzNvidia stock retreats as DRAM price surge reshapes AI infrastructure economics Nvidia stock has fallen about 15% from its May high even as company revenue forecasts remain strong, a shift …
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Dax record: German benchmark climbs to 25,517 points as markets rally on US jobs slowdown and falling oil Dax record at 25,517 points as German benchmark jumps 1.9% after US …
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German birth rate falls to 1.32 in 2025, marking continued demographic decline German birth rate drops to 1.32 children per woman in 2025, down 2.7% from 2024; 654,241 births recorded …
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Technology
Oracle reveals headcount falls to 141,000 amid $1.84 billion restructuring
by Helga Moritzby Helga MoritzOracle 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 …