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......

Tesla begins unsupervised FSD trials in London and Berlin

Tesla has launched its first unsupervised full self-driving trials in Europe after securing regulatory approval to operate autonomous vehicles without safety drivers in London and Berlin. The deployment marks a major step for the company’s neural network-based driving system, which is now allowed to run independently on public roads......

Mercedes reports Q1 sales decline amid transition year in China

Mercedes-Benz (Mercedes-Benz Group AG) announced a decline in first-quarter 2026 sales as the company navigates a transitional period in the Chinese market. Quarterly sales fell 6% year-on-year to 419,400 vehicles, reflecting challenges in the world’s largest automotive market. While Mercedes saw sales increase by 7% in Europe and 20%......

Germany reviews Klesch's planned acquisition of BP refinery

Germany’s economy ministry has initiated an investment review of Klesch Group Ltd’s planned acquisition of BP’s (BP Plc) German oil refinery in Gelsenkirchen, according to reports from Spiegel. Confidential documents cited by Spiegel suggest that the nationality of Klesch Group owner Gary Klesch, who renounced his U.S. citizenship......

German exporters remain optimistic despite geopolitical tensions

German exporters are maintaining a generally positive outlook for international sales despite ongoing geopolitical tensions, according to a recent assessment by Allianz Trade. A large proportion of companies in Germany expect export revenues to grow in the coming year, reflecting resilience in one of the world’s leading export-driven......

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