UEFA Threatens FIFA Boycott Amid Power Struggle; Europe Faces Heatwave, Wildfires and Economic Shifts UEFA threatens FIFA boycott over proposed World Cup investor sales as European associations prepare maximum escalation; …
sales
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Business
BMW announces 8,000 job cuts after profit plunges on China sales slump
by Leo Müllerby Leo MüllerBMW profit decline deepens as Q2 net income falls 35% and China sales collapse BMW profit decline hits Q2 results: net income down 35% as China sales slump. Company unveils …
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Heatwave in Germany Drives Record Sales of Bottled Water and Ice Cream June heatwave in Germany drove record supermarket sales of bottled water and ice cream, per Destatis — sharp …
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Business
German heatwave drives record supermarket sales of water and ice cream
by Leo Müllerby Leo MüllerGermany heatwave drives record supermarket sales of water and ice cream Germany heatwave in late June triggered record supermarket sales: still water up 77%, sparkling 63%, ice cream 90% — …
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Business
Audi Cuts Annual Revenue and Margin Forecasts After Weak China Sales
by Leo Müllerby Leo MüllerAudi cuts revenue forecast as profit falls and China sales weaken Audi cuts revenue forecast to €58–63bn and lowers margin guidance after Q2 profit fell; company cites weak China demand, …
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Business
Varta files for insolvency as creditors plan breakup and asset sales
by Leo Müllerby Leo MüllerVarta insolvency filed as Stuttgart court receives four applications amid takeover talks Varta insolvency: German battery maker files for insolvency to preserve operations, with creditors and owners debating a split …
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Technology
SAP reports Q2 revenue up 9% as cloud sales surge 22% and profit rises
by Helga Moritzby Helga MoritzSAP Q2 results show revenue up 9% to €9.88bn as cloud sales surge 22% SAP Q2 results: revenue rose 9% to €9.88bn, cloud sales jumped 22%. Adjusted operating profit €2.74bn …
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Business
BMW reports Q2 sales decline as China deliveries plunge 30 percent
by Leo Müllerby Leo MüllerBMW Q2 Sales in China Plunge 30%, Group Delivers 590,962 Cars as EVs Edge Up BMW sales in China suffered a sharp setback in the second quarter as the Munich …
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Business
BMW reports Q2 sales decline as China deliveries plunge 30 percent
by Leo Müllerby Leo MüllerBMW sales in China plunge 30% in Q2, dragging group deliveries down 4.9% BMW sales in China plunged 30% in Q2, contributing to a 4.9% decline in group deliveries to …
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Business
Mercedes-Benz records 6% H1 sales decline as China sales plunge 28%
by Leo Müllerby Leo MüllerMercedes-Benz sales in China slump 28% as global H1 deliveries fall 6% Mercedes-Benz sales in China fell 28% in H1 2026, contributing to a 6% global decline as BEV demand …