Uniper tests renovation of the Loisach-Isar Canal near Wolfratshausen
Uniper has begun a test run to renovate the Loisach-Isar Canal to prevent water leaks using bentonite.
Category Economy
Economic news on companies, work, consumer issues, markets and developments in Germany and Europe.
Resistance Against Data Centers Hinders Billion-Euro Projects
Growing opposition to data center construction in Germany threatens billion-euro projects and puts pressure on the industry.
British Economy Records Surprise Growth of 0.3 Percent
The UK economy unexpectedly grew by 0.3 percent in March 2026, surpassing economists' forecasts of a 0.2 percent contraction, according to The Guardian.
macOS warns of malware: ChatGPT and Codex affected
Users of macOS are currently receiving malware warnings for older versions of ChatGPT and Codex due to a security incident at OpenAI.
ifo Business Climate Index: Travel Providers Report Weaker Demand
The German travel industry is facing weaker demand due to a kerosene shortage and rising inflation, as reported by Zeit.
Heating Law: Federal Government Reforms Building Energy Law
The Federal Government has passed a reform of the heating law that delays the gradual replacement of oil and gas boilers, allowing homeowners more choice.
Tui feels the impact of the Iran war – travelers hesitate
The travel company Tui reports a change in travel behavior due to the Iran war, with many vacationers booking last minute and favoring destinations in the western Mediterranean.
Siemens Reports Billion-Euro Profits Despite Decline in Earnings
Siemens experienced an 8 percent drop in profits in the second quarter, yet maintained stable revenue and increased order intake.
Tickets for S-Bahn and regional trains soon available via Google Maps
Deutsche Bahn and Google have announced a partnership that simplifies ticket purchasing for regional trains and S-Bahn services. Starting now, passengers can buy their tickets directly through Google Maps.
Dussmann Group Reports Record Revenue and Continues to Grow
The Dussmann Group increased its revenue by 3.8 percent to 3.4 billion euros in 2025, showcasing its resilience in challenging times.
Warken defends billion-euro savings as a necessary burden
Federal Health Minister Nina Warken defended her planned savings to relieve statutory health insurance on Tuesday in Hanover, calling the measures a necessary burden to prevent system collapse.
Mäc Geiz files for insolvency – branches at risk
The non-food discount retailer Mäc Geiz has filed for insolvency under self-administration at the Halle (Saale) District Court.
Diesel prices at Shell stations unexpectedly lowered
Drivers in North Rhine-Westphalia experienced a surprising drop in diesel prices, which, however, was short-lived.
Bafin warns of risky real estate loans and cyber threats
The Federal Financial Supervisory Authority (Bafin) highlights increased risks associated with real estate loans and growing cyber threats to consumers and banks.
Gas Storage Operators Warn of Supply Shortages in Winter 2026/27
German gas storage facilities are unusually low at the start of summer. The Initiative Energy Storage (Ines) warns of potential gas shortages in winter 2026/27 if temperatures drop similarly to 2010.
Chip stocks cool off in Asia as oil prices rise
Oil prices are rising in Asia due to dwindling hopes for de-escalation in the Iran conflict, while chip stocks come under pressure after a decline in the South Korean market.
President of the German Medical Association Calls for Delay in Health Insurance Reform
Klaus Reinhardt, President of the German Medical Association, is calling for a postponement of the savings package aimed at stabilizing statutory health insurance before the parliamentary summer break.
Live Blog: Federal Budget 2026 – Jim Chalmers Presents Budget Speech
Australian Jim Chalmers will deliver the budget speech for 2026 this evening, with the budget influenced by the conflict in the Middle East, according to The Guardian.
Academics Struggle to Find Jobs Despite Skilled Labor Shortage
An increasing number of academics are searching for jobs, even though well-trained professionals are urgently needed. According to Tagesschau, the requirements for applicants have risen significantly due to the influence of artificial intelligence.
ifo Institute: One in Twelve Companies in Germany Faces Existential Threat
According to the ifo Institute for Economic Research, every twelfth German company is at risk of extinction, with the retail sector particularly affected.
Middle East crisis weighs on DAX: Oil prices rise, Trump rejects Iran proposal
Uncertainty in the Middle East is putting pressure on the DAX, which falls by 0.3 percent to 24,274 points in early trading. U.S. Donald Trump has rejected an Iranian proposal for peace talks as unacceptable, causing investor nerves.
Real estate prices on Sylt exceed 12,500 euros per square meter
According to a recent coastal report by Von Poll Immobilien AG, property ownership on Sylt remains a luxury. In the first quarter of 2023, the average price per square meter on the island was 12,557 euros.
Bayer buys US eye specialist; Curevac founder accuses Biontech of deception; Gamestop makes takeover bid for eBay
Several major deals and allegations are drawing attention in the biotech and tech sectors: Bayer is acquiring eye specialist Perfuse Therapeutics, Curevac’s founder accuses Biontech of misleading behavior after acquiring Curevac, and Gamestop has tabled a roughly $56 billion takeover offer for eBay. The moves could reshape business lines, trigger legal and employment consequences, and unsettle markets.
Earnings Drop: BMW Starts Year with 23 Percent Lower Profit
BMW reported a roughly 23 percent decline in first‑quarter profit, weighed down by new tariffs, falling revenues and weaker deliveries—particularly in China, even as demand in Europe rose.