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AI-generated
The Federal Court of Justice (BGH) ruled that a lawyer who repeatedly cannot connect to a video hearing risks a default judgment. The BGH emphasized that lawyers must proactively resolve technical issues and provide specific details about their connection attempts to avoid this.
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Portugal is negotiating with Air France-KLM and Lufthansa regarding the sale of up to 49.9 percent of the airline TAP. Both bidders have submitted binding offers that are close to each other, according to the government.
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The transfer of the body of genocide convict Ratko Mladic to Serbia and the debate over a potential state funeral are dividing the country. Pro-government media glorify Mladic, while international representatives and human rights activists warn against glorifying war criminals.
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Two press photographers were convicted of multiple acts of arson by the LG Dessau-Roßlau. The main perpetrator received a prison sentence of six years and eight months. The acts were committed to market exclusive images of fire department operations.
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EU auditors criticize that despite significantly increased defense spending, defense readiness remains a challenge until 2030. The rearmament also endangers public finances through increasing debt financing.
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VW preferred shares rose by almost six percent after the supervisory board approved a restructuring plan. This plan involves cutting 50,000 jobs, half of which will be in Germany.
Companies & MarketsFinance & Stock MarketIT & Internet
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Norway's sovereign wealth fund is examining crisis scenarios for its equity portfolio. Geopolitical tensions could lead to a 30-40% loss in value, while a failure of the AI boom could result in losses of 18-35%.
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The death toll from a ferry accident off Cyprus has risen to twelve, with 16 people still missing. The captain and eight other suspects have been taken into custody for negligent homicide.
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The federal government and the state are providing 110 million euros for the renovation of Friedenstein Castle, with each contributing half. The funds will secure the historic building fabric and improve its use for museums and research.
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