Volkswagen workers in Germany have threatened industrial action from January unless the automaker reverses its decision to terminate wage agreements by the end of October. The dispute intensified after the company cancelled almost all wage deals with its German workforce in September, putting established labour protections, including working hours and holiday pay, up for
Germany-based SAP, Europe’s largest technology company, reported quarterly revenue exceeding €10 billion for the first time, raising its 2026 revenue outlook to the upper end of its forecast range. The company’s third-quarter performance was supported by strong cloud demand, with cloud revenue increasing 26% to €6.67 billion and its cloud backlog rising 26% to €24.14 […]
European governments are considering granting electricity providers and critical infrastructure operators greater authority to detect and disable drones amid growing security concerns following Russia’s invasion of Ukraine. Energy companies fear drone attacks and other hybrid threats could disrupt power supplies to millions of people, while existing regulations often limit
German sportswear giant Adidas raised its full-year profit forecast after reporting a record third-quarter operating profit, supported by a US tariff refund and strong full-price sales. The company’s operating profit rose 37% to €1.008 billion from €736 million in the same period last year, according to Reuters on October 20, 2026. Adidas received approximately €200 […]
A German court in Hamburg has sentenced two men to prison for plotting to assassinate a leader of Germany’s Jewish community. One defendant, identified as Danish national Ali S., received eight years and six months for preparing an assassination and aggravated arson. The court said he had been recruited by Iran’s intelligence service to carry […]
A passenger flight from the Greek island of Corfu to Nuremberg, Germany, landed safely on Tuesday after a cockpit hijack alert prompted the German air force to scramble two Eurofighter jets. German police said the hijack code 7500 was transmitted and radio contact with the pilot was lost, triggering security procedures. Turkey-based Corendon Airlines attributed […]
Germany’s political consensus against the far-right Alternative for Germany (AfD) party is facing growing pressure as internal divisions and declining poll ratings weaken Chancellor Friedrich Merz’s coalition. In Saxony-Anhalt, at least four lawmakers from mainstream parties are suspected of defying party instructions to help AfD candidate Tobias Rausch secure the regional
Former German Chancellor Gerhard Schroeder attended Russian President Vladimir Putin’s 74th birthday celebration at his residence in Russia, the Kremlin said on Thursday. Pictures shared on Telegram showed the two leaders smiling and shaking hands inside a traditional Russian home. According to the Kremlin, Putin learned that Schroeder was in Moscow on business for
Apollo Global Management has submitted a non-binding offer for German energy company Uniper, according to people familiar with the matter. The move puts Apollo among the potential buyers competing for one of Germany’s largest utilities. Germany’s government, which owns 99.12% of Uniper, is seeking to sell up to 74.12% of its stake. The company was […]
The International Energy Agency (IEA) is set to hold an informal meeting on Wednesday to discuss a proposed release of oil and diesel stocks, according to two EU diplomats. The talks come as record-high diesel prices raise concerns for trucking, agriculture and industries around the world. The G7 agreed last week to a proposed release […]









