TL;DRThe number of completed apartments in Germany is expected to continue to decline, reaching approximately 185,000 in 2026. The ifo Institute anticipates little prospect of a recovery in construction activity.
Artificial IntelligenceCompanies & MarketsIT & Internet
TL;DRRussian Foreign Minister Lavrov cautioned the US against continuing to supply weapons to Kyiv. Discussions between Lavrov and Rubio also covered the situation in the Persian Gulf.
TL;DRThe EU is preparing its 21st sanctions package against Russia to increase pressure over the war in Ukraine. The aim is to identify new punitive measures that target Russia without impacting EU member states.
TL;DRItalian banking group UniCredit is reportedly close to acquiring Commerzbank. UniCredit CEO Orcel has initiated discussions with stakeholders, though his proposal has met with some opposition.
TL;DRThe EU has imposed a fine of €890 million on Google. Brussels' objection concerns Google's practice of prioritizing its own services over others in search results.
TL;DRTwo firefighters have died while battling wildfires in France, and another has died in Italy. The fires are spreading rapidly across parts of Europe.
TL;DRThe European Union has granted antitrust approval for the sale of the US video game manufacturer Electronic Arts to a Saudi-led consortium. This transaction involves a multi-billion dollar acquisition.
TL;DRJordanian foundations are funding medical treatments for patients from Gaza in Jordan. However, some of the individuals receiving treatment feel neglected.
TL;DRVarta is facing insolvency due to issues with its lenders. The company had previously announced the closure of a plant that produced cells for Apple.
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