Volkswagen is contemplating factory closures in China as part of a cost-cutting initiative. The German automaker is considering relocating the...

After a turbulent 2023, the German real estate market is showing signs of recovery, according to experts. Falling property prices,...

Germany’s largest bank, Deutsche Bank, is continuing to streamline its branch network. As part of a new strategy, around 50...

Car sales in Europe have taken a significant hit, with a sharp decline in electric vehicle sales being a major...

The Dax, Germany's leading stock index, has reached a historic milestone, surpassing the 19,000-point mark for the first time ever....

The high inflation in Germany has led to a substantial increase in revenue for the craft sector in 2022. While...

The Axel Springer Group has announced plans to split its operations. This move will separate the company's media brands from...

Volkswagen is facing a deep crisis and plans to implement significant cost-cutting measures in the medium term. According to a...

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...