Pressure is mounting on Puma following a sharp decline in its share price, with investors now calling for significant changes at the sportswear company. Roy Adams, co-founder of US-based investor Metronuclear, stated to Handelsblatt that a potential merger with Adidas should be considered if the current management team fails to turn the business around. However, the…
September 12, 2025
Germany to Discuss Philharmonic Cancellation with Belgium
German Interior Minister Alexander Dobrindt is set to raise the cancellation of the Munich Philharmonic and its Israeli conductor, Lahav Shani, from a music festival in Ghent, Belgium, with his Belgian counterpart, Bernard Qintin. Speaking to television channel “Welt” on Friday, Dobrindt described the situation as “absolutely unacceptable”. He stated…
September 12, 2025
Suspect Held In Charlie Kirk Slaying>
A suspect has been apprehended in connection with the shooting death of US influencer Charlie Kirk, authorities confirmed Friday. US President Donald Trump stated earlier in the day that he believed, “with a very high probability” the suspect was in custody. Independent reports from US media outlets, citing sources close to the investigation, indicated that an…
September 12, 2025
German Giants Post Record Profits Amid Global Headwinds
Despite a persistent recession in the domestic market and increasing challenges in key regions like the United States and China, a significant portion of Germany’s top companies are poised for record earnings this year. Analysis of published half-year results, corporate forecasts for the remainder of 2024 and projections from financial analysts indicates that 15 of the…
September 12, 2025
Lawmaker Faces Disciplinary Probe
A disciplinary process against Sascha Lensing, a police officer and Member of the German Bundestag for the AfD party, has been underway within the Duisburg police headquarters for over a year, according to reports from news portal T-Online. Lensing has confirmed the existence of the proceedings but declined to comment on their specific content, stating he has confidence in…
September 12, 2025
Automakers Seek EU Support for Electric Vehicles
Ahead of a high-level automotive summit with European Commission President Ursula von der Leyen in Brussels, Schaeffler board member Matthias Zink is advocating for a relaxation of CO2 regulations for internal combustion engines, coupled with extensive government support for electric vehicle (EV) adoption. Speaking to business magazine Capital, Zink emphasized the need for…
September 12, 2025
Germany Backs EU Climate Goal 2040
The German government has reached a consensus on a unified position regarding the EU’s climate target for 2040. A spokesperson for the Federal Ministry for the Environment, Consumer Protection and Nuclear Safety, led by the Social Democratic Party (SPD), informed the Handelsblatt that Germany will support a proposal put forth by the European Commission and the Danish…
September 12, 2025
Stocks Slide Amid US Focus
The German DAX index reversed course during Friday morning, shifting from an initially positive start into negative territory. By shortly after 12:30 PM, the index stood at 23,640 points, a decrease of 0.3 percent compared to the previous day’s closing value. Market analysts attribute the shift to concerns surrounding the US economy. Alexander Krüger of Hauck Aufhäuser…
September 12, 2025
Germany Monitors Russian Military Drills Closely
The German military (Bundeswehr) is closely monitoring the ongoing Russian military exercise in Belarus, according to a spokesperson for the Ministry of Defence. Addressing the dts Nachrichtenagentur in Berlin on Friday, the spokesperson stated that the Bundeswehr maintains a comprehensive picture of the situation, encompassing air, land and sea activity. The spokesperson…
September 12, 2025
Bahn Cuts Long Distance Travel Services
Reports have surfaced, based on an internal document from Deutsche Bahn (DB), indicating a significant restructuring of long-distance rail services planned for 2026. The extensive 183-page document, revealed by “Der Tagesspiegel”, allegedly outlines a shift in focus toward more profitable routes and business travelers, potentially leading to a reduction in…
September 12, 2025
Germany Urges New Russia Sanctions After Drone Incident
Following the recent drone incident in Poland, German Green Party leader Felix Banaszak has called for a new package of sanctions against Russia. Speaking to RTL and ntv on Friday, Banaszak emphasized the need for more decisive action beyond mere condemnation. He highlighted that Germany and the European Union continue to import Russian liquefied natural gas (LNG) and…
September 12, 2025
Germany Weighs Return of Patient Fees
A commission established by Health Minister Nina Warken of the CDU is expected to explore the possibility of reintroducing a patient co-payment system, similar to one that existed in Germany between 2004 and 2012. Warken confirmed the potential discussion point on Friday in response to inquiries from the dts news agency in Berlin. The commission, comprised of ten experts…
