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Business sentiment in Germany deteriorated further in April 2026. According to a survey of around 1,000 companies conducted by the German Economic Institute (IW), 43 percent reported a worse situation than a year ago, while only 14 percent saw an improvement. At the same time, the anticipated spring boost failed to materialize, as 35 percent […]

Nineteen leading automotive groups worldwide are facing a deep earnings crisis after the 2025 fiscal year because the anticipated ramp-up of electric vehicles, particularly in Europe and the US, fell significantly short of expectations. According to an EY analysis published in April 2026, the manufacturers’ total profit plummeted by 59 percent, from €143 billion to

Federal Construction Minister Verena Hubertz (SPD) wants landlords to share in potential heating cost increases resulting from the installation of natural gas or oil heating systems. “If a landlord decides to install such a system, which will generally be permitted under the new Building Modernization Act, then heating costs could rise considerably over the years

In April 2026, LEAG put the brakes on its large-scale battery storage plans in Lusatia. The focus is on Jänschwalde in Brandenburg, but Boxberg in Saxony is also affected. The trigger was considerations regarding new grid fees, which could place a greater burden on large-scale storage facilities. This jeopardizes a multi-billion-euro project intended to store

At the Hannover Messe trade fair, Siemens CEO Roland Busch warned of the consequences of EU AI regulations for Europe as a development and application hub for artificial intelligence. The company plans to invest around one billion euros in industrial AI, but a large portion of this is slated to flow to the US if

Thyssenkrupp Marine Systems (TKMS), based in Kiel, plans to relocate parts of its submarine construction to Spain due to the global arms boom. The move was announced in April 2026 after the company and the Spanish shipyard Navantia signed a letter of intent. The impetus is the sharply increased demand for naval projects, while available

On Thursday, April 16, 2026, three plant closures in Germany and Austria were decided upon or announced: MANN+HUMMEL plans to close its plant in Speyer by the end of 2028, ZF will scale down its Lebring site by the end of 2027, and Hydro will cease production in Lüdenscheid as early as May 31, 2026.

According to international organizations, acute food shortages have increased significantly in numerous countries around the world. Around 266 million people in 47 countries were affected by severe food shortages last year, according to the “Global Report on Food Crises” published Friday in Rome. This is almost twice as many as in 2016. According to the

A stock rally has begun in the nuclear and aerospace sector on international stock markets, driven by investments in small modular reactors (SMRs), new US space plans, and an optimistic outlook for uranium stocks. Notable gainers include Oklo, NuScale Power, and Energy Fuels, while Denison Mines, Lightbridge, and Uranium Energy also posted gains. Meanwhile, Rolls-Royce

In Germany, farmers have been increasingly losing leased land to operators of large solar parks since 2023, while government subsidies and high energy prices are accelerating expansion. Regions with intensive agriculture are particularly affected, as investors are paying significantly higher leases. The decisive risk factor lies in this financial superiority, which is crowding out agricultural

In Germany, following the recent rise in oil prices, fears are growing of further price shocks affecting everyday shopping, as many households have hardly any savings left. The trigger is significantly higher costs for energy, fuel, and daily groceries, which have noticeably increased the cost of living recently. In March, the inflation rate rose to

Sensor specialist Sick AG, based in Waldkirch, plans to cut around 500 jobs in southern Baden-Württemberg. The cuts will affect the Waldkirch, Reute, Freiburg, and Donaueschingen locations, which currently employ approximately 5,000 people. The reduction was recently announced after the company had already warned of further cuts in November and, in January, announced the closure

Plans by Federal Economics Minister Katherina Reiche (CDU) for Germany’s energy supply continue to draw criticism – even within the coalition. Federal Environment Minister Carsten Schneider (SPD) criticized the reform plans for the electricity grids on Wednesday: “I still see considerable room for improvement,” he told the Süddeutsche Zeitung. Green Party leader Felix Banaszak accused

MANN+HUMMEL plans to close its plant in Speyer by 2028. This will affect 600 employees, including 400 production workers. The site produces filter elements such as air, oil, and air-oil separators for agriculture and mechanical engineering. Production will be gradually transferred to other plants. The company cites weak economic growth in Europe, higher energy and

In the US, Tesla is alleged to have failed to fully disclose serious accidents involving its Autopilot system for years, even though these very incidents were crucial for assessing the system’s risks in real-world use. This renewed criticism stems from a massive data leak that exposed thousands of internal processes and customer complaints. The documents