BMW 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 …
slump
-
Business
BMW reports 35 percent profit slump as finance arm outperforms car division
by Leo Müllerby Leo MüllerBMW profit plunges 35% as car unit lags while finance arm outperforms BMW profit falls 35% in Q2 to €1.2bn; automotive operating income collapses as finance services deliver higher returns …
-
Business
EEG reform sparks industry warnings over solar job losses and investment slump
by Leo Müllerby Leo MüllerGermany’s EEG reform draft and Netzpaket draw sharp industry and political criticism Germany’s EEG reform and Netzpaket drafts, softened by the Economy Ministry, face industry and Green criticism over curtailment, …
-
Business
Datev Mittelstandsindex reveals German Mittelstand sales slump in May 2026
by Leo Müllerby Leo MüllerGerman Mittelstand sales fall 1.4% in May 2026, Datev index shows German Mittelstand sales fell 1.4% in May 2026, the Datev Mittelstandsindex shows; trade, construction and manufacturing led declines while …
-
Business
Volkswagen faces investor backlash over governance flaws China slump and job cuts
by Leo Müllerby Leo MüllerVolkswagen shareholders confront governance failures and sweeping job cuts at virtual AGM Volkswagen shareholders pressed executives at the virtual June 18, 2026 AGM, demanding answers on governance shortcomings, mass job …
-
Business
German housing construction confidence falls in May, ifo Institute warns of slump
by Leo Müllerby Leo MüllerGerman housing construction sentiment slips as ifo business climate falls to -29.3 ifo Institute reports German housing construction sentiment worsened in May; business climate down to -29.3, orders slightly up …
-
Business
German export expectations slump to worst level since April 2025
by Leo Müllerby Leo MüllerGerman export expectations slide to lowest level since April 2025 as Ifo and DIHK report renewed pessimism Ifo and DIHK data show German export expectations fell to -5.5 in May, …
-
Business
German economy faces longest slump since 2019 as public concern surges
by Leo Müllerby Leo MüllerGerman economy faces longest slump since 2019 as public concern rises Germany’s economic stagnation since spring 2019 is dragging public confidence down, with rising concerns over growth, jobs and the …
-
World
Truth Social parent TMTG reports $400m Q1 loss amid crypto slump
by anna walterby anna walterTruth Social parent TMTG posts Q1 2026 loss exceeding $400 million after crypto writedowns Truth Social parent TMTG posted Q1 2026 losses above $400M after crypto writedowns; revenue was about …
-
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 …