News

Germany's largest steel producer has negotiated a restructuring agreement with the IG Metall union lasting until 2030, involving significant workforce sacrifices and operational downsizing. The deal

Chemical distributor Brenntag has dramatically cut its 2025 earnings forecast by up to 270 million euros, sending shares tumbling at Monday's market open. The company now expects operating earnings

Frankfurt Airport operator Fraport reported a modest 2.9% increase in June passengers, reaching 5.8 million travelers, but growth lagged behind capacity expansion of 4.5%. This underwhelming

German telecommunications provider 1&1 will be removed from the SDAX index on July 11, 2025, following parent company United Internet's increased stake to 85.10% of capital and 85.32% of voting

Mannheim-based sugar giant Südzucker has reported a dramatic decline in first-quarter operational profits, which plunged from €155 million to just €22 million. The company's stock has fallen by

Kion Group shares showed mixed reactions following a Jefferies analyst downgrade from "Buy" to "Hold" despite raising the price target from €51 to €57. Analyst Lucas Ferhani used the striking phrase

Moody's has significantly upgraded Commerzbank's ratings, citing strengthened capital position and improved profitability despite Germany's two-year recession. The long-term deposit rating jumped

Hamburger Hafen und Logistik AG's annual shareholder meeting descended into chaos as majority shareholders proposed slashing the dividend by nearly 40% - from the previously approved 16 cents to