Opening of Strait of Hormuz Boosts German and Global Economic Outlook, Say Economists Reopening of the Strait of Hormuz eases energy fears and lifts markets; German economists say growth outlook …
growth
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Business
Germany must overhaul social benefits and slash bureaucracy to revive growth
by Leo Müllerby Leo MüllerGermany’s Reform Agenda Stalls as Coalition Prioritizes Painful Savings Germany’s reform agenda is stalling as the federal coalition focuses on difficult cost-cutting measures while leaving simpler, high-impact changes unresolved. Germany’s …
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Business
World Bank cuts 2026 growth forecast to 2.5 percent amid Iran war
by Leo Müllerby Leo MüllerWorld Bank cuts 2026 growth forecast to 2.5% amid Iran war World Bank cuts 2026 growth forecast to 2.5% amid the Iran war, citing energy shocks and rising inflation; warns …
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Business
IfW Kiel maintains 0.8% German growth forecast despite Iran war
by Leo Müllerby Leo MüllerIfW Kiel holds Germany growth forecast at 0.8% despite Iran war impact IfW Kiel keeps Germany’s 2026 growth forecast at 0.8%, citing public spending that offsets fallout from the Iran …
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Politics
Germany’s Coalition, Unions and Employers Announce Joint Reform Agenda to Boost Growth
by Hans Ottoby Hans OttoGermany competitiveness summit: Chancellor meets unions and employers to plot reforms Germany competitiveness summit at the Chancellery unites coalition, unions and employers to map reforms on growth, social insurance, bureaucracy …
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Technology
Benchmark Capital raises $2 billion to pursue later-stage AI and growth investments
by Helga Moritzby Helga MoritzBenchmark Capital breaks long-standing $425M cap with $2B fundraise, including $1.25B growth vehicle Benchmark Capital abandons its long-held $425M cap, raising $2B across two funds — including a $1.25B later-stage …
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Würzburger Kickers women’s football grows from four players to a volunteer-driven club with Vision 2030 Würzburger Kickers women’s football grew from four players to 200+ members by building a volunteer …
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Business
US AI investments fuel economic growth as 50 billion data center boom
by Leo Müllerby Leo MüllerAI investment surge fuels U.S. growth as data‑center building and supercomputer imports climb U.S. AI investment in data centers and high‑performance computing is driving robust economic growth, with roughly $50 …
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Business
Otto Group posts 24% EBITDA growth and 90% profit surge under female leadership
by Leo Müllerby Leo MüllerOtto Group posts €1.1bn EBITDA as new female leadership signals strategic shift Otto Group posts stronger profits under new female leadership: EBITDA €1.1bn, net income €312m, revenue €13.8bn; restructuring and …
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Technology
Snowflake Forecasts 31% Product Revenue Growth to $5.84 Billion in Fiscal 2027
by Helga Moritzby Helga MoritzSnowflake raises fiscal 2027 product revenue forecast to $5.84 billion, topping estimates Snowflake boosts product revenue outlook to $5.84B for fiscal year ending January 2027, beating February guidance and analyst …