Business

The collapse of René Benko’s Signa empire has become a major issue for Austrian justice. A recent parliamentary inquiry reveals that the...

The influx of foreign workers is stirring emotions, particularly in the election campaigns in East Germany. A study presents economic arguments to...

Porsche is struggling to keep up with Chinese competitors in the electric vehicle (EV) market of China, losing ground in the world’s...

The Technical University of Munich (TUM) is set to continue its successful "1,000+" project week from January 13 to 17, 2025. This...

Infineon Technologies is dealing with a significant financial setback due to an ongoing legal battle. The semiconductor giant must pay an additional...

The German construction industry saw an increase in orders in the first half of the year. From January to June, the volume...

The global automotive market is struggling, and according to a study, German car manufacturers have continued to face challenges in the first...

Germany's largest housing company is reportedly close to selling its care division, which is currently valued at €800 million in Vonovia's books....

Federal Chancellor Olaf Scholz has promised federal support to Meyer Werft, the shipyard facing a severe crisis. During a company meeting at...

German economy's decline worsens, but Bundesbank sees no recession ahead. The German economy has experienced an unexpected acceleration in its downturn, according...

In July 2024, BMW surpasses Tesla in European EV sales despite declining market demand. For the first time, BMW has taken the...

Nestlé announces leadership change as Mark Schneider steps down. Nestlé, the global food giant, is undergoing a leadership transition as CEO Mark...

The idea of using bankruptcy as a fresh start has long been a common belief, but not every company can be saved....

While the Meyer Shipyard is set to be rescued by a state intervention, a smaller shipyard in Stralsund has taken a different...

The European automotive landscape is shifting as the EU enforces a ban on combustion engines. Volkswagen, BMW, and Mercedes are extending the...

Starbucks' new CEO, Brian Niccol, will commute 1,000 miles from California to Seattle instead of relocating, underscoring the growing trend of flexible...

Whether it's a bike shop, furniture store or drugstore - the mood in German retail worsened in July. According to ifo, an...

The demand for skilled workers in Germany has decreased slightly due to a weakening economy, according to the ifo Institute. However, this...

In 2023, Germany produced more than one kilogram of gingerbread per capita. A quarter of this was exported, reaching not only neighboring...

Swiss IT service provider SoftwareOne is evaluating potential offers from buyers, as the company is currently valued at approximately 2.7 billion Swiss...

Hydrogen vehicles continue to falter in their pursuit of mainstream success, with global registration figures showing a significant drop. According to data...

Starting from August 21, gamers from around the world will gather in Cologne for Gamescom. The industry is celebrating itself—and with good...

Köln/München – Ford is facing significant challenges. In the second quarter of 2024, the American automaker reported a further decline in both...

Volkswagen is focusing on sustainability, a move supported by recent customer surveys. However, the company's electric vehicle (EV) sales tell a different...

Ryanair has issued a stark warning to the German government, demanding a reversal of the recent aviation tax increase. The airline threatens...

Mister Spex, the eyewear retailer, has announced a major restructuring plan to address its financial challenges. This move follows a recent profit...

An all-electric vertical takeoff and landing passenger jet produced by Lilium Lilium considers moving abroad as it faces financial pressures Despite receiving...

The Taiwanese semiconductor company TSMC wants to build a new semiconductor factory in the north of Dresden together with Bosch, Infineon and...

Home office has firmly established itself in the German work environment, with only a small fraction of companies planning to eliminate it....

Germany's exports have declined in the first half of the year compared to the same period last year. Automotive exports fell by...