Schaeffler to close five factories and cut 3,460 jobs
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Germany's automotive supplier Schaeffler announced it will close four locations and eliminate thousands of positions, including its Berlin site. It is the kind of news that has become a fixture of the morning front pages: a storied industrial name shrinking its footprint to manage its costs.
The lawyer for August Hanning, the former intelligence chief held on suspicion of espionage, is now moving to lift his arrest warrant. He maintains that further investigation will show no state secrets were betrayed. Elsewhere, police conducted raids across several federal states to disrupt suspected violent left-wing extremist groups.
President Volodymyr Zelenskyy is due in Berlin today for talks with Friedrich Merz, an arrival that has put the capital under a heavy security operation. Domestically, the political mood remains fractious: a new left-wing alliance in Berlin faces organized resistance before it has even formed, and a power struggle in Saxony-Anhalt is testing the CDU.