German steel industry faces deep restructuring as modest production uptick fails to stem job losses German steel industry faces shrinking production and thousands of job cuts as green transition begins; …
German
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Business
Energy Fuels’ bid for magnet maker Vacuumschmelze triggers German investment review
by Leo Müllerby Leo MüllerGermany launches review of Vacuumschmelze takeover by Energy Fuels Germany opens an investment review into Energy Fuels’ $1.9B Vacuumschmelze takeover, probing strategic magnet supply links to aerospace, defense and EV …
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Business
German pharmacies face retail competition as Cologne pharmacist launches same-day delivery startup
by Leo Müllerby Leo MüllerGerman pharmacies face retail assault as dm, Rossmann and Lidl expand into medicine sales German pharmacies are contending with intensified competition as drogerie chains and supermarkets push into over-the-counter and …
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Business
German industry warns of decline, urges five reforms to save industrial base
by Leo Müllerby Leo MüllerGerman industry loses ground as capacity erosion threatens economic competitiveness German industry loses ground as investment, skills shortages and rising energy costs combine to erode manufacturing capacity and competitiveness, experts …
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German Athletics Championships: Assani Tops Mihambo in Long Jump as Krause Reclaims Steeplechase Crown At the German Athletics Championships in Bochum on Sunday, Mikaelle Assani edged Malaika Mihambo in the …
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Business
German industry loses 15,000 jobs monthly as BDI calls for AI investment
by Leo Müllerby Leo MüllerGerman industry losing 15,000 jobs a month, BDI warns — innovation and policy urgency urged BDI warns German industry is losing 15,000 jobs monthly; Tanja Gönner urges investment and AI-driven …
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Business
Energy transition pushes German companies to delay investments and consider offshoring
by Leo Müllerby Leo MüllerGerman energy transition dents business confidence, DIHK survey finds DIHK survey of 3,100 firms finds higher energy costs, delayed investments and relocation risks as Germany’s energy transition strains competitiveness. The …
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Politics
German government moves to cut child support advance for 16-17-year-olds
by Hans Ottoby Hans OttoGermany proposes cutting child maintenance advance for 16–17-year-olds, sparking expert backlash Germany’s plan to cut child maintenance advance for 16–17-year-olds alarms experts, who warn the change will increase poverty and …
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Business
OpenAI accessed sensitive German insurance records through security flaw raising misuse concerns
by Leo Müllerby Leo MüllerOpenAI Accesses German Insured Data After Security Flaw, Prompting Probes Security flaw allowed OpenAI to access sensitive German insured data, prompting probes by insurers and regulators and fresh concern over …
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Business
Unicredit threatens to dominate German banking with growing Commerzbank stake
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank nears majority as German banking weakness is laid bare Italy’s UniCredit has secured nearly half of Commerzbank’s shares, pushing a UniCredit takeover of Commerzbank into a …