The International Monetary Fund (IMF) is challenging key plans of the federal government and presents a reform agenda that points in the opposite direction in several areas. In its new report, the Fund calls for higher wealth taxes, a tougher stance on pensions, and profound structural reforms.

Germany will remain the largest financial contributor to the European Union in 2024. Despite the economic crisis, the Federal Republic transferred a net of 13.1 billion euros more to Brussels than it received back—almost three times as much as France.

The conflict between Europe's solar industry and the Chinese company Huawei is reaching a new level of escalation. As the first major inverter manufacturer, Fronius has left the European industry association SolarPower Europe (SPE) in protest against Huawei's continued membership.

A prestige deal from the past is turning into a legal boomerang for Deutsche Bank. Six former top bankers - including former star investment banker Dario Schiraldi - are taking their former employer to court. The accusation: the bank destroyed their careers and sacrificed them in connection with the controversial "Santorini" deal.

The US agricultural machinery manufacturer Deere & Co has unsettled investors with an unexpectedly significant decline in its profit expectations. The stock reacted immediately and fell noticeably in pre-market trading.