Mediamarkt closes Aachen store after more than 30 years
Mediamarkt, the electronics retail giant, is shutting down its Aachen location after over three decades of operation. This closure, set...
Mediamarkt, the electronics retail giant, is shutting down its Aachen location after over three decades of operation. This closure, set...
Amazon is set to end its work-from-home policy, requiring employees to return to the office five days a week starting...
Tupperware, the iconic food storage brand, is facing a financial crisis with $700 million in debt. The company, known for...
Adidas has announced the closure of Runtastic locations in Austria. This decision impacts about 200 employees, although the running app...
Major German retailers have announced significant price cuts for sugar. This move comes after years of steep price increases, offering...
Chancellor Olaf Scholz's visit to Kazakhstan has secured extended oil supplies for a key German refinery. The deal aims to...
The shipyard that built the Titanic is facing insolvency, over 100 years after the ship's sinking. The parent company of...
EnBW is exploring a capital increase of around €3 billion due to a significant rise in investment needs for its...
The Danish logistics company DSV has won the bid to purchase Schenker from Deutsche Bahn for around €14 billion. The...
A centuries-old Bavarian brewery has ceased its beer production. The Schlössle Brewery in Neu-Ulm will no longer brew its own...
The automotive industry of Germany is facing a crisis, and suppliers are feeling the impact. Spring manufacturer Erwin Lutz has...
The NGG union is calling for warning strikes at major fast food chains in Germany, including McDonald's and Burger King....
W. Bockstiegel Reederei GmbH & Co. KG, a shipping company based in Emden, Germany, has declared insolvency. The Aurich district...
German discount retailer Aldi plans to significantly expand its workforce in the United States. The company aims to hire 13,000...
Aldi is intensifying its price competition with established UK supermarket chains. The German discounter's aggressive pricing strategy has prompted British...
The German government has sold a significant portion of its Commerzbank shares to Italian banking giant UniCredit. This sale marks...
Corporate insolvencies in Germany continue to rise at an alarming rate. Creditors are now at risk of losing billions of...
BMW has lowered its profit forecast for 2024 due to an ongoing recall affecting 1.5 million vehicles worldwide. The recall,...
Volkswagen has announced a new partnership with U.S. electric vehicle manufacturer Rivian to develop automotive software. The collaboration, which includes...
Ride Capital, a Berlin-based digital private bank, has filed for insolvency despite significant investments from high-profile figures like footballer Mario...
Supermarkets in Germany are struggling to fill positions at service counters for meat and cheese. Some retailers are increasing self-service...
Germany's auto industry is losing ground, warns expert Ferdinand Dudenhöffer. He blames political missteps, while China's electric vehicle sector continues...
German shoe retailer Deichmann has expressed interest in acquiring the shoe brand rights of the insolvent fashion brand Esprit. This...
Silberbaum, a prominent real estate group, has filed for insolvency. The group manages 70 projects across 30 locations in Germany,...
The European auto industry risks substantial fines due to decreasing demand for electric vehicles (EVs). Renault CEO Luca de Meo...
The German kitchen industry, renowned globally, is experiencing a sharp drop in sales both domestically and internationally over the past...
McDonald's has announced ambitious expansion plans for the German market. The fast-food chain aims to create over 10,000 new jobs...
A well-known Bavarian manufacturer of fireplaces and stoves has unexpectedly filed for insolvency. The bankruptcy affects around 30 employees who...
The IG BAU trade union and the German Tenants' Association are urging the federal government to invest €20 billion annually...
German industry continues to face challenges, with production falling in July, particularly in the automotive sector. However, export figures show...