Klaus Lauer

The total number of corporate bankruptcies in Germany rose to its highest level in more than ​a decade last year, according to data published ‌by the federal statistics office on Friday.

ProSiebenSat.1 reported a 28% fall in its adjusted 2025 core profit on Thursday, ​hit by low ad revenues, a longstanding issue the German media group ‌does not expect to improve before the second half of this year.

Flight attendants at Lufthansa ​and its German regional airline ‌Lufthansa Cityline have voted overwhelmingly for strike action, their UFO union said ​in a statement on ​Friday.

Tens ​of thousands of passengers faced travel disruption across Germany on Friday as ‌cabin crew at Lufthansa and its regional unit Lufthansa CityLine staged a day-long strike, while the group's newest subsidiary, Lufthansa City Airlines, signed its first labour agreement.

Low-cost carrier Ryanair announced on Friday that it will close its ​operating base in Berlin and reduce ‌its flights to and from Germany's capital by 50% in its winter schedule, citing higher fees ​and taxes.

Bertelsmann will combine its music division BMG with rival Concord in a deal that would create the world's fourth‑largest music ​company behind industry leaders Universal, Sony and Warner, the German media ‌group said on Tuesday.

Germany's government aims to make the country a leading hub for sustainable, safe and ​competitive aviation under a new 15-year strategy that ‌includes cutting costs, boosting research and speeding up the use of greener fuels, according to a draft document seen by ​Reuters on Tuesday.

German media group Bertelsmann ​on Wednesday said U.S. competition authorities ‌have approved the planned merger of its music division BMG with rival Concord in ​a deal that would create ​the world's fourth‑largest music company.

The founder of adventure experience business Mydays, now part of broadcaster ​ProSiebenSat.1, told Reuters he and co-investors are looking into ‌buying back the unit, potentially pitting them against German entrepreneur Jochen Schweizer.

German publishing group Axel Springer said it closed the acquisition of the Telegraph Media ​Group on Tuesday, following regulatory approvals in ‌Britain, Ireland and Austria.