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Sainsbury’s and Morrisons Held Merger Talks; Deal Faces CMA Hurdles
Sainsbury’s and Morrisons held merger talks earlier this year but ended discussions. A combined entity would hold 23.6% UK grocery market share, below Tesco’s 27.8%, but faces CMA scrutiny and Morrisons’ £7.5bn debt burden.
Breyden schließt Gießerei Ueckermünde: 320 Jobs bis Jahresende weg
Breyden schließt seine Eisengießerei in Ueckermünde zum Jahresende. 320 Mitarbeiter verlieren ihre Jobs. Grund: sinkende Nachfrage und zu hohe Energiekosten im Vergleich zu Asien.
German Pensions Set to Rise 4.4% to 4.7% in July 2027
German pensions expected to rise 4.4% to 4.7% on July 1, 2027. A retiree earning 1,500 euros monthly could gain 66 to 70 euros. The increase follows rising wages and requires no application.
Julius Schüle Druckguss meldet Insolvenz an: 152 Jobs in Gefahr
German aluminum die-casting supplier Julius Schüle Druckguss enters insolvency proceedings. 152 jobs at risk in Schwäbisch Gmünd as company seeks investor. Wages secured through November.
DHL Depot in Leizen Evacuated Over Mercury Contamination on September 23
DHL depot in Leizen evacuated after mercury contamination suspected. Over 20 staff evacuated, three toxic packages found. Lab results expected within two days.
Vonovia Falls 1.2% as Berlin Left Party Pushes Housing Expropriation
Vonovia stock fell 1.2% to €17.48 after Berlin’s Left Party election victory renewed expropriation threats. Federal countermeasures add uncertainty to the company’s 138,000 Berlin apartments.
Cupped Lands Investment Deal on Höhle der Löwen as BH Startup Impresses New Investor
Cupped secures investment on Höhle der Löwen after pitching custom-fit bras. Founder Anna Lu sought 200,000 euros for 10% equity; investors Judith Williams and Johannes Kliesch competed for the deal.
Scott Bessent Pushes Treasury Buybacks as Bond Vigilantes Challenge US Debt
Scott Bessent doubled Treasury’s long-term bond buyback program on August 19, 2026, raising the per-operation cap from $2 billion to at least $4 billion. The Treasury secretary told CNBC Thursday the size could climb even further. Yields fell sharply on the news, with the 10-year note dropping 5.7 basis points to 4.647%. Bessent’s move directly…
FTSE 100: Index Rises 0.06% as Rio Tinto, Anglo American Lead Mining Rally Despite UK Inflation Hitting 2.9%
The FTSE 100 edged 0.06% higher on Wednesday, August 19, 2026, as mining stocks helped support London shares despite fresh inflation concerns. Rio Tinto and Anglo American were among the stronger performers on the index. At the same time, UK inflation rose to 2.9% in July, up from 2.6% in June, with higher energy costs…