Daily brief
Germany, July 1, 2026 — Siemens invests €300 million in Hessen, creating 700 jobs, while Volkswagen faces 100,000 job cuts and plant closures. Renewables hit a record 58% share of Germany's power consumption. A heatwave melts tramlines in a major German city, highlighting outdated infrastructure.
Bayer seeks US duties on Chinese-made glyphosate, angering farmers.
EU introduces new customs rules for small packages.
Bosch ends engineering operations in Sofia, leading to major layoffs in Bulgaria.
Platts Quality Premiums for August-loading North Sea crude cargoes are set.
by WorldBrief & Maksim Micheliov | AI-generated summary