Chair flies, coach’s battle of words: VfB – BVB ends emotionally
STUTTGART – After the furious end and late 2-0 win for Borussia Dortmund (BVB (Borussia Dortmund)) at VfB Stuttgart, emotions ran high. The coaches Niko Kovac and Sebastian Hoeneß also had a little war of words after the final whistle of the top game in the Bundesliga.
ROUNDUP: Stadler withdraws appeal against SBB’s billion-dollar contract with Siemens
BUSSNANG – The train manufacturer Stadler is withdrawing its appeal against the awarding of a billion-dollar contract by the SBB to its German competitor Siemens. The reason for this is heavily redacted court documents, which do not provide sufficient transparency and prevent the proceedings from continuing, Stadler announced on Monday.
IPO/Circles: Musk aims for $2 trillion valuation in SpaceX IPO
AUSTIN – Elon Musk’s AI and space company SpaceX is expected to be valued at more than $2 trillion in its planned IPO, according to sources. This would mean that the valuation would be significantly higher than was speculated in the middle of the week.
Press: Axa expects costs of over three million francs due to the Iran war
ZURICH – According to a media report, the travel insurer AXA expects a total of over 2,000 claims due to the war in the Middle East. The costs would be over three million Swiss francs, “Blick” reported online on Monday, citing information from the insurer.
Euronics sees opportunities in the planned MediaMarktSaturn takeover by JD.com
DITZINGEN – Euronics boss Benedict Kober sees new perspectives for his own business through the planned takeover of Europe’s largest electronics retailer MediaMarktSaturn by the Chinese e-commerce giant JD.com. The planned takeover means opportunity and risk. “With a noticeable preponderance of opportunity,” Kober told the German Press Agency at the cooperative’s headquarters in Ditzingen, Swabia, near Stuttgart.
Auto supplier ZF wants to complete the conversion by the beginning of 2028
FRIEDRICHSHAFEN – After years of crisis, thousands of jobs cut and another billion-dollar loss last year, the automotive supplier ZF Friedrichshafen sees itself on the way to better times. 2026 and 2027 would be difficult years again, said CEO Mathias Miedreich to the “Südkurier”. “If we continue to pursue the course we have now taken in a disciplined manner, we will be able to say at the beginning of 2028 that we can leave the phase of restructuring, job cuts, savings and strict debt reduction behind us.”
ROUNDUP/Evaluation: Savings banks often pay hardly any interest on the daily money
HEIDELBERG – According to an evaluation by the comparison portal Verivox, almost every second savings bank in northern Germany offers no interest or a low interest rate of up to 0.25 percent on the daily money. Of the 58 savings banks examined, the proportion of banks that do this is 43 percent, as Verivox announced. Of the 61 cooperative banks examined, one in three banks pay no interest or offer up to 0.25 percent.
IG Metall is calling for further easing of the ban on combustion engines
MUNICH/FRANKFURT – In view of the crisis among car manufacturers and suppliers, IG Metall boss Christiane Benner is calling for the ban on combustion engines to be further relaxed. Benner told “Automobilwoche” that her union wanted prospects for employees in the auto industry, especially among suppliers.
Fewer special offers at supermarkets and discounters
MUNICH/HEILBRONN – According to experts, there have recently been fewer special offers at supermarkets and discounters. This is shown by an evaluation by the comparison portal Marktguru and by researchers at the Baden-Württemberg Cooperative State University Heilbronn. Between January and March 2026, the number of offers was 4 percent lower than in the same period last year. Compared to the first quarter of 2024, it even fell by 16 percent. Digital and analog flyers were examined; special offers in apps were not taken into account.
DIHK: Industry sees growing opportunities in armaments
BERLIN – According to findings from the German Chamber of Commerce and Industry (DIHK), German industry is increasingly orienting itself towards arms production. According to a survey available to “Wirtschaftswoche”, almost a third of the industrial companies surveyed see opportunities for their own business model in the security and defense industry.
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ROUNDUP: You read a summary in the company overview. There are several reports on this topic on the dpa-AFX news service.
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