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Sector Highlights: Auto Stocks Slump Amid Tariff Concerns Auto stocks led Tuesday’s losses, as US tariffs could hit the EU’s auto sector and manufacturing hubs in Canada and Mexico. Expectations of sweeping tariffs, focusing on autos, healthcare, and tech, fueled a market-wide sell-off. Auto Sector: Continental AG plunged 11.64%, while Daimler Truck Holding slid 7.84%.

Munich-based startup Vaeridion has secured €14mn to develop an electric aircraft that it hopes will whisk passengers on short-haul routes around Europe by 2030.  “The microliner looks like a regular plane and it takes off from a runway — the only difference is that it will be powered by batteries,” Vaeridion’s co-founder and CEO...

Update (Dec. 19 and 15:12 UTC): This article has been updated to clarify that, in May 2024, Worldcoin deleted all data from its old iris code to comply with local regulations. German data protection authority, the Bavarian State Office for Data Protection Supervision (BayLDA), has issued corrective measures for the digital identity project World, formerly

It is a relatively busy morning on the European economic calendar. The German Ifo Business Climate Index was in focus this morning. The Current Assessment Index fell from 95.4 to 95.0 in April, while sentiment towards the outlook improved, with the Business Expectations Index rising from 91.0 to 92.2. Economists forecast increases to 96,0 and

Surface limitations facing the expansion of photovoltaics in Germany have led to a bold vision: installing PV arrays along motorways and creating a vast DC smart grid in the process. The plan could even be implemented across Europe...

BERLIN (Reuters) – The German government on Wednesday paved the way for German troops’ participation in a European Union military mission in Niger, a person familiar with the matter told Reuters after the cabinet decision...

‎ Middle East Healthcare Co. (Saudi German Health) aims to merge its subsidiaries located in the Middle East into one joint stock company listed on the Saudi Exchange (Tadawul), Makarem Batterjee, the company's President and Vice Chairman, told CNBC Arabia. He expects the move to take place in the coming three to five years...