On Tuesday evening ahead of an investor event in London, aircraft manufacturer Airbus presented ambitious mid-term targets through 2029 and simultaneously announced a multi-billion euro share buyback program. The stock rose significantly in after-hours trading and led the DAX at midday on Wednesday.
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The Austrian biotech company Marinomed Biotech AG filed for court restructuring proceedings without self-administration on 22 July 2026. Affected are 30 employees and 87 creditors with claims totaling EUR 22.68 million.
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Galeria filed for insolvency for the third time within a few years in early 2024.
Federal Finance Minister Lars Klingbeil (SPD) has sent the draft law for an early-start pension into the interministerial coordination of the federal government. It provides for ten euros per month from the state for every child between six and 18 years old into a capital-funded provision depot.
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Due to rising oil prices and a new escalation in the Middle East conflict, diesel and gasoline in Austria once again cost nearly as much as in March. The coalition is now examining a return of the fuel price brake introduced in April, whose fiscal effect, however, is shrinking month by month.
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The Styrian online retailer Niceshops is expanding its logistics site in Saaz and plans to create 50 new jobs this year. 35 of them have already been filled, and the company expects revenue of around 200 million euros in 2026.
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U.S. President Donald Trump has announced on Truth Social that, starting August 2028, import tariffs of initially 100 percent and later 200 percent will be imposed on generic drugs. Swiss manufacturer Sandoz and analysts consider the plans barely feasible and warn of supply shortages and rising prices for patients.
High FactualityThe department store chain Galeria is reviewing 33 of its remaining 83 branches nationwide for profitability. In North Rhine-Westphalia, seven locations are under review, including three in Cologne and one at the Rhein-Ruhr-Zentrum in Mülheim.
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At the beginning of 2026, there were on average 593 passenger cars per 1,000 inhabitants in Germany according to the Federal Statistical Office – more than ever before. While density rose in all area states, it declined in Berlin and Bremen.
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Lower Saxony's Ministry of the Environment has granted atomic law approval for the controversial cooperation of the Lingen fuel element factory with the Russian state corporation Rosatom. Environment Minister Christian Meyer of the Greens called the decision "grundfalsch" and called for reducing dependencies on Russia.
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The Jena-based software provider Intershop AG saw its revenue decline from 17.2 to 15.8 million euros in the first half of 2026, but at the same time achieved a marginally positive operating result. CEO Markus Dränert sees the company on course for a balanced EBIT for the full year.
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Federal Economics Minister Katherina Reiche (CDU) is ruling out further state interventions to lower fuel prices for the time being. She pointed to the strained budget situation and rejected a price cap as demanded by the SPD.
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The former chief financial officer of Signa Prime and Signa Development, Manuel Pirolt, has submitted a payment plan with a quota of 0.0142 percent to the Vienna Commercial Court. The registered insolvency claims amount to around 1.26 billion euros, a large portion of which is still contested.
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China has harshly condemned the EU's €550 million fine against the online marketplace AliExpress. The Ministry of Commerce in Beijing announced that it would support Chinese companies in defending their rights.
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South Korean memory chipmaker Samsung is considering an investment of up to one billion euros in the French AI startup Mistral, according to a newspaper report. The planned funding round would value Mistral at around 20 billion euros.
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A research team at TU Graz has, for the first time, comprehensively recorded all parking spaces in Austria as part of the "Parking Space Insight" project. According to their findings, there are 13.6 million parking spots, which together cover an area nearly as large as Lake Neusiedl.
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The Federal Cabinet adopted the new "Start-up and Scale-up Strategy" of the black-red coalition on Wednesday. The 36-page paper with more than 150 individual measures is intended, among other things, to improve access to capital for defense start-ups and to enable direct state participation in weapons manufacturers.
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Spanish major bank Santander exceeded analyst expectations in the second quarter of 2026, lifting net profit by three percent to around €3.5 billion. Group CEO Ana Botín reaffirmed the profit target of more than €20 billion for 2028 and announced a €6.9 billion share buyback program.
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BaFin has initiated an examination of Eckert & Ziegler SE's 2024 consolidated financial statements. The trigger is the accounting treatment of the spin-off of its former subsidiary Pentixapharm.
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In the insolvency proceedings of Abtenauer Bergbahnen Gesellschaft m.b.H., the creditors have approved the restructuring plan. As a result, approximately 900,000 euros will flow to the entitled claims within 14 days, with the quota at 20 percent.
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