Adidas Revenue Hits Record in Q2
Adidas revenue hit a record 6.7 billion euros in the second quarter of 2026, and the company raised its sales outlook.
The Economy
German Unemployment Tops 3 Million in July
German unemployment rose past 3 million in July 2026, hitting 6.4 percent, but much of the increase is seasonal.
German Q2 GDP Grows 0.2%, Beats Forecast
German Q2 GDP rose 0.2 percent, beating forecasts, but the slow growth still shapes the job market expats rely on.
Germany Adopts Startup and Scaleup Strategy
Germany's new startup and scaleup strategy sets 152 measures to ease founding, funding and growth for young firms.
VW Q2 Profit Drops 33 Percent
VW Q2 profit fell nearly 33 percent as weak China sales and US tariffs forced Volkswagen to cut its 2026 outlook.
Eichbaum Brewery Closes After 347 Years
Mannheim's Eichbaum brewery closes after 347 years: 240 jobs lost as rescue talks fail and the site shuts by September.
VW Plant Closures: Rescue Plans and Roadblocks
The fight over VW plant closures intensifies: China tariff ideas, a blocked Qatar deal and state aid for Osnabrück.
VW Job Cuts: Up to 100,000 at Risk
VW job cuts could reach 100,000 as the supervisory board weighs closing four German plants and long talks begin.
Dispute Over Mütterrente Expansion Divides Politics and Business
A plan to expand pension credits for child-rearing years has sparked debate in Germany.
Bosch Protests Highlight Deepening Industrial Crisis in Germany
Bosch employees joined protests outside Stuttgart over job cuts, highlighting Germany's deepening industrial slowdown.
VW Reports €1 Billion Loss as Porsche Struggles Deepen
Volkswagen reported a loss of over one billion euros in Q3 2025, one of its worst quarters in years.
Berlin Weighs Rosneft Nationalization After New U.S. Sanctions
Berlin is considering taking over Rosneft Deutschland following new US sanctions on Russian energy.