TL;DR
AI-generated
The EU plans stricter regulations for holiday rental platforms like Airbnb to combat the shortage of affordable housing in tourist hotspots. Municipalities will be able to more easily implement rental limits if housing scarcity demonstrably increases.
TL;DR
AI-generated
DAZN faces a potential court defeat over price increases from 2021 and 2022. The court provisionally sided with consumer advocates, who deem the clauses unfairly disadvantageous. Customers can still join the class-action lawsuit until September 25.
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AI-generated
European households are reallocating their budgets due to high essential expenses and inflation, reducing spending on transport and communication to increase outlays for culture, dining, and well-being. Lower-income households have less capacity for these shifts.
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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
Global food prices rose 1.9 percent in August compared to July, reaching their highest point since late 2022. Extreme weather and military conflicts are causing supply shortages. The FAO lowered its global grain production forecast by two percent.
TL;DR
AI-generated
US Trade Representative Jamieson Greer criticizes the UK's continued adherence to EU rules, hindering a trade deal with the US. Prime Minister Andy Burnham seeks closer EU cooperation, as the British public lacks a clear vision for the future.
Companies & MarketsConsumer ProtectionLaws & Rights
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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.
Companies & MarketsTrade & ConsumptionIT & Internet
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AI-generated
Netflix is discontinuing its ad-free Basic subscription for existing customers. Those wishing to continue watching without ads must switch to the Standard plan, resulting in a 60 percent price increase. An ad-supported subscription is also available as an alternative.
Companies & MarketsTrade & ConsumptionIndustry & Production
TL;DR
AI-generated
In the first half of the year, Germany saw 33 large insolvencies with annual revenues exceeding 50 million euros, a ten percent increase compared to the previous year. The automotive industry was the most affected.
Companies & MarketsTrade & ConsumptionIT & Internet
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AI-generated
Xiaomi plans to sell its electric cars in Germany starting in 2027. The company has signed letters of intent with eight German car dealership groups to establish a sales and service network.
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