Holcim to Acquire German Building Materials Firm Xella in €1.85 Billion Deal
Swiss cement conglomerate Holcim has agreed to acquire German building materials manufacturer Xella for €1.85 billion, marking a significant strategic move in the European construction sector. The transaction, announced on Monday, is expected to be finalized in the second half of 2026, pending approval from relevant regulatory authorities. Xella, headquartered in Duisburg, Germany, is a...
Industrial Robot Installations Fall in EU Automotive Industry While Global Demand Doubles
The European Union's automotive industry recorded a 5% year-on-year decline in industrial robot installations in 2024, with only 30,650 units deployed across the bloc's vehicle-producing countries. This contraction comes despite the automotive sector traditionally accounting for approximately one-quarter of all global robot installations, according to the World Robotics 2025 Industrial...
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German authorities conducted multiple large-scale police operations targeting football supporters across the country's rail network over the weekend, resulting in numerous detentions and temporary service disruptions. The incidents occurred as fans traveled to Bundesliga matches, with law enforcement intervening following reports of altercations between rival supporters and attacks on...
At the 60th session of the United Nations Human Rights Council in Geneva, India launched a sharp diplomatic counterattack against Pakistan over what it characterized as hypocrisy on human rights issues. Indian diplomat Mohammed Hussain called it "deeply ironic" that a country with what he described as one of the worst human rights records globally was attempting to lecture others through...
FRANKFURT (dpa-AFX) - The German stock market is expected to post moderate gains at Thursday's opening, continuing a pattern of cautious trading as investors await clearer market direction. Market analyst Thomas Altmann from QC Partners noted that "the search for direction continues," with both buyers and sellers holding back until a clearer trend emerges. The prevailing investor motto...
German braking systems specialist Knorr-Bremse AG has announced the acquisition of Swiss technology company Duagon Group in a strategic move to strengthen its rail electronics and software business. The €500 million transaction, signed on September 25, 2025, positions Knorr-Bremse to enhance its portfolio of safety-critical applications for rail vehicles and signaling technology. The...
Bayern's Social Democrats have elected a new dual leadership team in an effort to steer the party out of its prolonged crisis. The party's state conference selected incumbent chairwoman Ronja Endres and Bundestag member Sebastian Roloff to lead the struggling regional branch. Endres received 86 percent of votes in the routine election, while Roloff secured 74 percent support, with no...
Former German Defense Minister Karl-Theodor zu Guttenberg has firmly rejected media interpretations suggesting he supports softening the Christian Democratic Union's so-called "firewall" against the far-right Alternative for Germany (AfD). The CSU politician told Deutsche Presse-Agentur in Berlin that contrary to some reports, he has never advocated for weakening the party's official stance...
Swiss cement conglomerate Holcim has agreed to acquire German...
The European Union's automotive industry recorded a 5% year-on-year...
A 27-year-old trapeze artist died during a performance at Circus...
Former German Chancellor Angela Merkel received the Merit Order of...
The mood in Germany's residential construction sector has improved...
A 15-year-old former student allegedly attacked two 14-year-old...
The Lufthansa Group has confirmed plans to eliminate 4,000...
MUNICH — Knorr-Bremse AG, the German manufacturer of braking systems...
