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Volkswagen is selling its Osnabrück plant to the state of Lower Saxony and Israeli investor Aurelius. The facility will be converted into a defense industry center, starting with the production of air defense systems.
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China is providing 46.1 billion Euros to state banks and insurers to strengthen their balance sheets. The funds aim to improve lending capacity and the ability to support the economy.
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A court in Cairo has sentenced TV presenter Sarah Khalifa and eleven other individuals to death for drug trafficking. Over 750 kilograms of drugs and their ingredients were seized from the accused.
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Kilian Pfeffer from ARD Berlin reports on a press conference held by the AfD. The article does not contain further details on the content of the press conference or Pfeffer's statements.
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Young voters in Saxony-Anhalt predominantly voted for the CDU in the state election. The party received the most votes from this age group.
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Following the state election in Saxony-Anhalt, leading CDU politicians have ruled out a debate about party leader Friedrich Merz. They instead call for an acceleration of the federal government's reform course. SPD politicians criticized the course and Merz's rhetoric.
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The CDU in Saxony-Anhalt faces a decision on future coalitions following the election. The question is whether the party will continue to cooperate with The Left.
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The DAX began weakly, weighed down by concerns over the outcome of the state election in Saxony-Anhalt and rising oil prices. German production fell in July, while the ECB anticipates an interest rate hike.