Germany places Rosneft units under trusteeship to manage local assets

The German government has put the country’s units of Russian oil giant Rosneft under a trusteeship to secure long-term oversight of its local assets, the economy ministry announced on Saturday. The move affects Rosneft Deutschland (RDG) and RN Refining & Marketing (RNRM), including a stake in the PCK Schwedt refinery, which supplies......

SAP faces internal backlash over new bonus system favoring managers

SAP SE, Europe's most valuable software company, is facing widespread frustration among staff after a newly introduced bonus system appeared to reward underperforming managers while setting higher performance standards for lower-level employees. According to a Bloomberg report citing internal documents and staff familiar with the situation,......

Six planets to align in weekend sky event

A rare planetary alignment will be visible this weekend as six planets—Mercury, Venus, Neptune, Saturn, Uranus, and Jupiter form an arc across the night sky. NASA says the so‑called “planetary parade” will peak on February 28, offering a fleeting chance to observe multiple planets at once. However, scientists caution that......

New direct rail link to connect Sweden and Norway this summer

A new cross-border rail connection will link Sweden and Norway starting this summer, offering travelers a direct and environmentally friendly alternative between major Scandinavian cities. Swedish private rail operator Snälltåget announced that it will launch a daily direct service on 15 June 2026 connecting Malmö, Göteborg......

ClassPass claims $3.1 billion milestone as Playlist EGYM merger reshapes fitness tech

ClassPass says it has generated a total of 3.1 billion dollars in revenue for fitness and wellness studios worldwide since its launch in 2013, underscoring its argument that the booking platform delivers incremental income rather than cannibalizing in house memberships. The figure, nearly double the 1.6 billion dollars the company cited in......

German parliament approves stricter asylum rules under EU reform framework

Germany’s federal parliament has approved a sweeping overhaul of national asylum procedures, aligning domestic legislation with broader European Union reforms aimed at tightening migration management across the bloc. The Bundestag voted in favor of the bill with a clear majority, marking a significant shift in how Germany will process......

Audi reshuffles global leadership as part of strategic reorganization

Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive product launch initiative in company......

Public transport grinds to a halt in Germany as 48-hour strike begins

Public transportation services across Germany faced widespread disruption on Friday as thousands of transit workers launched a 48-hour strike, halting buses, trams and subways in major urban centers. The industrial action, which began at 3 a.m., significantly affected morning commuters in cities including Berlin, Hamburg, Cologne, Dusseldorf,......

Europe invests €45 billion in wind power as policy uncertainty clouds growth

Europe channelled €45 billion into wind energy projects in 2025, installing 19.1 gigawatts of new capacity despite industry warnings that planned EU policy reforms could weaken investor confidence. According to WindEurope’s annual report, total installed capacity reached 304 gigawatts, up from about 285 gigawatts the year before.......

Rutte urges Europe to boost defense spending and trust us commitment

NATO Secretary-General Mark Rutte has called on European allies to put less energy into questioning Washington’s reliability and more into meeting their own defense spending pledges, arguing that a stronger European contribution will help lock in the United States’ role in the alliance. Speaking alongside Lithuanian Prime Minister......

Germany expands military powers to tackle rising drone threats

Germany’s parliament has approved new legislation granting the military wider authority to combat drone incursions, an escalating concern linked by officials to Russian hybrid interference across Europe. The Bundestag voted Thursday to amend the Aviation Security Act, enabling the Bundeswehr to use electronic jamming systems or direct......

Microrobot swarms use spinning flows to move massive objects

Swarms of magnetic microrobots can now rotate and transport objects tens of thousands of times heavier than a single robot by stirring surrounding liquid instead of pushing directly on their targets. Each microrobot is a tiny disk roughly 300 micrometers across that spins under a controlled magnetic field, creating circulating fluid flows......

Puma pins hopes on $260 Hyrox sneaker amid deeper corporate losses

Puma SE has introduced a high-end $260 training shoe designed for the rapidly growing Hyrox fitness segment, betting on new performance categories to offset heavy financial setbacks. The German sportswear brand unveiled its Deviate Nitro Elite Hyrox model on February 19, coinciding with the release of its 2025 earnings, which showed a net......

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