Arri Group to cut 150 jobs, close two German locations - Bloomberg

Germany's Renk has raised its midterm revenue guidance, anticipating growth driven by increased demand for military equipment in Europe, particularly fighting vehicles. The company expects this growth to accelerate from 2028.

Germany's tax revenues increased by 0.5% in October, as reported by the finance ministry. This modest growth follows a stronger 2.6% rise in September, indicating a continued positive trend in the country's fiscal health. The increase in tax revenues is a sign of economic resilience and may support public services and investments.

German football team FC Schalke 04 is raising €75 million ($86 million) through a private placement that includes an interest rate sweetener contingent on the club's promotion to the top division of German football.

European chipmakers are seeking assistance from TSMC to enhance their semiconductor supply chain. However, TSMC's Taiwanese suppliers face challenges operating in Europe. In response to the growing demand for domestic chip production, TSMC plans to collaborate with European chipmakers to establish a factory near Dresden, Germany.

Heidrick & Struggles has successfully navigated significant antitrust challenges in the United States, Germany, and Australia, paving the way for its merger. This development marks a crucial step in the consolidation of the company, which specializes in executive search and consulting services. The clearance from regulatory bodies in these key markets indicates a positive outlook for the merger, potentially enhancing Heidrick & Struggles' competitive position in the global market.