TL;DR
AI-generated
Affected individuals of unlawful price increases by streaming service DAZN can join a class action lawsuit until September 25, 2026. The Higher Regional Court of Munich confirmed in December 2024 that DAZN used twelve impermissible clauses in a 2022 price increase.
TL;DR
AI-generated
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.
TL;DR
AI-generated
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.
TL;DR
AI-generated
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
TL;DR
AI-generated
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%.
TL;DR
AI-generated
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.
TL;DR
AI-generated
France is providing farmers with one billion euros in emergency aid to prevent bankruptcies and support production. Up to 35,000 farms are threatened with insolvency.
Companies & MarketsConsumer ProtectionLaws & Rights
TL;DR
AI-generated
The Berlin Court of Appeal has declared a Lieferando clause impermissible, which excluded the refund of pre-paid tips upon cancellation. The court justified this by stating it was a one-sided contract design to the detriment of customers. The verdict is not yet legally binding.
TL;DR
AI-generated
NASA's New Horizons probe risks the shutdown of two instruments due to $4 million in promised funding not being paid. These funds are designated for data analysis by employees.
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