German property prices continued their gradual recovery during the first quarter of 2026, with overall real estate values increasing by 2.2% compared to the same period last year, according to banking sector data. The latest figures suggest that Germany’s real estate market is stabilizing after a prolonged slowdown caused by rising......
Activist investor Aspex Management has increased its stake in German food delivery company Delivery Hero to around 15%, strengthening its influence over the company and increasing pressure on Chief Executive Officer Niklas Oestberg. The move follows the purchase of a 5% stake from technology investment group Prosus in a deal valued at approximately......
Germany has rejected a proposal made by Russian President Vladimir Putin suggesting that former German Chancellor Gerhard Schroeder could play a mediating role in potential peace talks between Russia and the European Union over the war in Ukraine. The statement comes amid ongoing tensions in Europe and renewed discussions about possible diplomatic......
Xiaomi has appointed two senior executives to steer its electric vehicle division through its next phase of development, pairing a company veteran with a former Tesla manufacturing leader as it prepares for its first international automotive sales. The moves signal that Xiaomi's ambitions in the global EV market have moved from aspiration......
Porsche AG announced plans to close three subsidiaries and eliminate more than 500 jobs as part of a major strategic restructuring aimed at refocusing the luxury car manufacturer on its core automotive business. The decision was approved by the company’s executive board and supervisory board amid growing pressure on the global automotive......
A hostage situation is currently unfolding at a bank in the town of Sinzig in western Germany, according to local police authorities who have launched a major security operation in response to the incident. Police confirmed that several individuals are involved in the situation, including both hostage-takers and hostages inside the bank.......
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