Chip equipment supplier Aixtron raises 2026 outlook as demand surges

Aixtron SE has raised its revenue forecast for 2026 after stronger-than-expected demand in the optoelectronics sector boosted its business outlook. The German chip systems supplier now expects annual revenue of around €560 million, compared with its previous projection of €520 million, with a similar margin of variation. The revised......

Germany solar surge cuts gas demand amid Iran war shock

Germany’s solar power output is set to rise sharply this summer, reducing reliance on natural gas as energy markets face disruption from the war in Iran. Data from BloombergNEF shows solar generation in Europe’s largest electricity market will average about 16.5 gigawatts between April and September, up roughly 31 percent from......

Rising pressure on G7 debt as global challenges mount

Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure as borrowing costs rise and spending demands......

Merz hosts Zelenskiy in Berlin for key talks on Ukraine

German Chancellor Friedrich Merz welcomed Ukrainian President Volodymyr Zelenskyy to Berlin for high-level discussions focused on strengthening bilateral cooperation and addressing ongoing security challenges. The meeting forms part of broader intergovernmental consultations between Germany and Ukraine, as both nations continue to coordinate......

Rheinmetall and destinus team up in new missile venture

German defense company Rheinmetall and Dutch-based aerospace and defense firm Destinus have announced the creation of a new joint venture aimed at developing advanced missile systems for the European market. The new company, to be named Destinus Strike Systems, is expected to be formally established in the second half of the year. The partnership......

German coalition announces fuel price relief worth $1.9 billion

Germany’s governing coalition has announced a major fuel price relief package worth around €1.6 billion ($1.9 billion), aiming to ease pressure on households and businesses affected by rising energy costs. The decision comes after a sharp increase in global oil prices, which has been linked to ongoing geopolitical tensions and......

Historic appointment as Marie-Louise Eta becomes first woman to coach a Bundesliga team

A historic moment has been reached in German football as Marie-Louise Eta has become the first woman to take charge of a team in the Bundesliga. The 34-year-old has been appointed interim head coach of Union Berlin following the dismissal of former coach Steffen Baumgart. Her appointment marks a milestone in one of Europe’s top football......

Pilots’ union calls two-day strike at Lufthansa over pension dispute

The pilots’ union VC has called for a two-day strike at German airline Deutsche Lufthansa AG, escalating an ongoing dispute over pensions and working conditions. The union announced on Saturday that pilots working for Lufthansa, Lufthansa Cargo, and Lufthansa CityLine are expected to walk out from April 13 at 00:01 CET until April 14......

German union leader urges parity with France in KNDS IPO to protect industry interests

Germany must ensure equal ownership with France in the planned initial public offering of defense manufacturer KNDS, according to a senior German trade union figure, who warned that anything less could undermine national industrial interests. Jürgen Kerner, deputy head of Germany’s powerful IG Metall union, said that parity in......

German debt brake reform unlikely during current government term, Bild reports

A planned overhaul of Germany’s constitutional borrowing limit, known as the “debt brake,” is not expected to be completed during the current government’s legislative term, according to reports from German media outlet Bild. The report suggests that the expert commission tasked with evaluating possible reforms has......

Porsche deliveries fall 15% as China slowdown and US tariffs bite

Porsche AG reported a 15% drop in global deliveries in the first quarter, with volumes falling to 60,991 vehicles from 71,470 a year earlier, as the German carmaker faced weaker demand in China and mounting pressure from new US import tariffs. The results, released on April 10, confirm a continued decline for the brand, which had delivered......

Lufthansa flights disrupted after cabin crew strike hits major german hubs

Air travel across Germany faced major disruptions on Friday after cabin crew at Deutsche Lufthansa AG launched a one-day strike, affecting operations at key hubs including Frankfurt and Munich. The industrial action, organized by the UFO union representing flight attendants, led to widespread cancellations and delays. The strike ran from......

Cohere and Aleph Alpha explore merger to strengthen ai cooperation

Two emerging players in the artificial intelligence sector, Cohere and Aleph Alpha, are reportedly in discussions over a potential merger that could reshape the competitive landscape of AI development. According to media reports citing government and industry sources, the talks have been ongoing for several months and are said to have reached......

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