Pressure on Merz as German employers back rebels on pension reforms

Pressure on Merz as German employers back rebels on pension reforms

BERLIN (DPA, CONVERSEER) – German employers’ representatives are demanding that the government’s controversial pension reform package be modified, piling further pressure on Chancellor Friedrich Merz as he seeks to hold his coalition together. Rainer Dulger, president of the Confederation of German Employers’ Association (BDA), told the Employers’ Day summit in Berlin on Tuesday that “Cabinet…

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Profits fall at Germany's Daimler Truck

Profits fall at Germany’s Daimler Truck

BERLIN (DPA, CONVERSEER) – Commercial vehicle manufacturer Daimler Truck reported a fall in its third-quarter net profit on Friday. The German firm’s quarterly profit attributable to shareholders decreased to €434 million ($501 million) or €0.57 per share from €610 million or €0.77 per share in the same quarter last year. The firm said the group’s…

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