Economy

Key creditors intend to call in their loans and break up the battery manufacturer, leaving Varta facing collapse. The lenders […]

Munich, July 22, 2026: Job cuts at O2 will affect up to 1,100 full-time positions in Germany by the end

In July, Beijing reported a 27 percent increase in Chinese exports compared to June 2025; however, analysts had expected only

Berlin – A new Bertelsmann study reveals a growing skills gap in the German labor market. In 2025, there were

Immenstadt – Adhesive tape manufacturer Monta filed for insolvency proceedings under self-administration with the Kempten Local Court on July 16,

The exodus of the automotive industry from Germany is accelerating in 2026. Manufacturers and suppliers are shifting the production of

Automotive supplier Magna plans to close its plant in Dorfprozelten (Lower Franconia) in mid-2027. Plant management informed the 216 employees

SOWITEC, a wind and solar project developer based in Sonnenbühl, filed for insolvency with the Tübingen Local Court on July

In June 2026, the industrial crisis in the German labor market is intensifying, even though unemployment is falling slightly. The

The change in leadership at the helm of Deutsche Bahn was intended to mark a fresh start, yet so far,

Companies in Germany are barely making any additional net productive investments, even though the government has recently significantly increased its

Pressure is mounting on the CDU, CSU, and SPD in Berlin as the metal industry fears further massive job losses

The tile factory in Leisnig is halting production at the end of June 2026 for the time being, despite having

The CO2 emissions of US tech giants Google and Amazon are rising sharply, putting their climate goals increasingly out of

Lufthansa plans to further scale back its European short- and medium-haul network and withdraw up to 15 aircraft from service