Daimler Truck Q1 Profit Plunges 80% as North American Weakness Hits Sales Daimler Truck reports an 80% fall in first-quarter profit to €149 million, with revenue down 13% to €9.98 …
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Business
Germany Abandons 65 Percent Renewables Heating Mandate and Unveils Staged Biomethane Plan
by Leo Müllerby Leo MüllerGermany heating law U‑turn saves households €5bn a year as 65% renewables mandate is scrapped Germany’s heating law U‑turn lifts the 65% renewables requirement and aims to save households about …
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Business
Schaeffler maintains 2026 guidance as e-mobility revenue rises 6 percent
by Leo Müllerby Leo MüllerSchaeffler keeps 2026 forecast as e-mobility sales lift Q1 results Schaeffler keeps 2026 forecast after e-mobility sales drove Q1 improvements; revenue €5.76bn, net profit €60m and shares rose amid stronger …
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Business
German solar installations fall 6 percent in Q1 as BSW warns on subsidy cuts
by Leo Müllerby Leo MüllerSolar installations in Germany fall 6% in Q1 as rooftop projects slump Solar installations in Germany fell 6% in Q1 to 3.5 GW, with rooftop capacity dropping sharply while ground-mounted …
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Business
Solar installations in Germany fall 6 percent in Q1 as rooftop builds slump
by Leo Müllerby Leo MüllerGerman solar installations slow in Q1 2026 as rooftops fall and utility-scale rises Solar installations in Germany slowed to 3.5 GW in Q1 2026, down 6% year‑on‑year, as rooftop and …
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Business
PCK refinery cuts output to 80 percent after Russia stops Kazakh crude
by Leo Müllerby Leo MüllerPCK refinery cuts throughput to 80% after Russia halts Druzhba crude transit Russia halted Druzhba transit on May 1, forcing the PCK refinery near Berlin to cut throughput to 80% …
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Business
Oxfam reveals CEO pay rose 54 percent while workers’ real wages fell
by Leo Müllerby Leo MüllerCEO pay gap widens sharply as Oxfam finds executive salaries soared while workers’ real wages fell Oxfam analysis shows the CEO pay gap intensified since 2019, with global chief executive …
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Politics
Germany deportations drop 21 percent in first quarter amid Dublin decline
by Hans Ottoby Hans OttoGerman deportations fall 21% in January–April 2026, government data shows German deportations fell 21% in January–April 2026 to 4,807 forced removals, government data shows; Dublin transfers and operational limits sharply …
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Business
Airbus Reports 52 Percent Drop in Q1 Adjusted EBIT Amid Engine Shortages
by Leo Müllerby Leo MüllerAirbus reports 52% drop in Q1 adjusted EBIT as deliveries stall Airbus Q1: adjusted EBIT down 52% to €300M as Pratt & Whitney engine shortfalls and A320 fuselage defects cut …
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Business
Germany cuts 2026 growth forecast to 0.5 percent as coalition accelerates reforms
by Leo Müllerby Leo MüllerGermany’s stalled growth prompts new German economic reforms as coalition unveils overhaul of taxes, pensions and health care One year after Chancellor Friedrich Merz pledged to restore growth, German economic …