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EU Commission President von der Leyen signed a new declaration in Greenland, expecting investment commitments in the triple-digit millions. The visit is seen as a response to American claims of control over the island.
Companies & MarketsFinance & Stock MarketLaws & Rights
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Two luxury apartments in London, allegedly owned by Mojtaba Khamenei through a straw man, are being auctioned due to missed mortgage payments. The straw man, Ali Ansari, was sanctioned for misusing Iranian public funds and financing the Iranian Revolutionary Guard.
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A study by TU Munich shows electric cars cause 41 percent less CO2 over their entire lifecycle than gasoline and diesel cars. Despite this, CSU leader Markus Söder is calling for an end to the EU's combustion engine phase-out.
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The EU plans a massive investment offensive in Greenland to strengthen Arctic security. €530 million will be provided for the 2028-2034 budget period, with an additional €200 million announced.
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Voter turnout in the Saxony-Anhalt state election was 65.3 percent by 4 PM, significantly higher than in 2021. Several leading candidates cast their votes, while Siemens CEO Bruch warned against the AfD's economic policies.
Companies & MarketsWork & CareerIndustry & Production
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Volkswagen's supervisory board has approved a savings plan affecting over 100,000 jobs worldwide. Critics point to a lack of future strategies for the automaker.
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German space company Isar Aerospace has successfully placed five satellites into Earth orbit. This marks the first rocket launch from continental Europe into orbit, aiming to secure Europe's independent access to space.
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A Green politician is calling on the German government to review the cooperation of the fuel element factory ANF in Lingen with the Russian state-owned company TVEL/Rosatom. This is deemed necessary given Russia's responsibility for a drone attack in Leipzig. The production of nuclear fuel for Eastern European nuclear power plants is to be re-evaluated.
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German company Isar Aerospace successfully delivered a payload into low Earth orbit with its Spectrum rocket. This makes Isar Aerospace the first European company to reach orbit with a self-developed launch vehicle system.
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The Higher Regional Court of Düsseldorf rejected Vodafone's urgent application to declare the Federal Cartel Office biased. The Cartel Office can now decide on allegations of market abuse against Vodafone concerning the expansion of the 1&1 mobile network.
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