Latest news with #Deutschland
Times
16 hours ago
- Business
- Times
Sky sells German division to RTL Group for initial €150m
The German division of Sky will be sold to a leading local operator as European groups consolidate to compete with the American streaming giants. RTL Group, the largest German broadcaster, is to purchase the Sky unit with an upfront cash payment of €150 million and a possible additional consideration of up to €377 million. Sky's German business holds sports rights including Bundesliga and Premier League football, as well as the rights to show Formula 1 races. RTL, which is owned by the German media group Bertelsmann, will make the additional payments for Sky depending on the performance of its share price post-acquisition. Comcast, the parent company of Sky, can call for the payment of the additional consideration within five years of the deal closing if RTL's share price is higher than €41, capped at a payment of €70 per share or €377 million.
The National
17 hours ago
- Entertainment
- The National
Syrian teenager charged over plot against Taylor Swift concerts
German prosecutors said on Friday they had filed charges against a Syrian youth and alleged ISIS supporter linked to a 2024 attack plot on a Vienna concert by US pop megastar Taylor Swift. The suspect, named only as Mohammad A., was accused of supporting a foreign terrorist organisation and preparing a serious act of violence endangering the state, federal prosecutors said. He had, as a juvenile, started following ISIS ideology from April last year and had from July been in contact with a young adult from Austria who was planning a bomb attack at one of Swift's concerts, they said. "The accused assisted the young adult in his preparations by, among other things, translating bomb-making instructions from Arabic and establishing contact with an ISIS member abroad via the internet," federal prosecutors said in a statement. "The accused also provided the young adult with a template for the oath of allegiance to ISIS, which the young adult used to join the organisation." Police first took Mohammad A. into custody last September in the eastern German city of Frankfurt an der Oder, where the then 15-year-old went to school, but later released him. The federal prosecutors office in the western city of Karlsruhe said on Friday the charges were laid on June 17 in a Berlin higher regional court, which will now decide on their admissibility. Three shows in Vienna that were part of Swift's record-breaking Eras tour were cancelled last summer after authorities warned of a terror plot by ISIS sympathisers. Police detained three suspects, including a 19-year-old Austrian with North Macedonian roots, over the alleged attack threat, with the US saying it had shared intelligence to assist in the investigation. Swift later wrote on Instagram that "the reason for the cancellations filled me with a new sense of fear, and a tremendous amount of guilt because so many had planned on coming to those shows".
Washington Post
20 hours ago
- Business
- Washington Post
German minimum wage set to rise by about 14% over the next 18 months
BERLIN — Germany's minimum wage is set to rise by about 14% over the next 18 months under an agreement that appears to defuse a potentially divisive issue for the new government . A commission in which employers and labor unions are represented recommended on Friday that the minimum wage rise from its current 12.82 euros ($15) per hour to 13.90 euros at the beginning of 2026 and 14.60 euros a year later.
Yahoo
20 hours ago
- Business
- Yahoo
German minimum wage set to rise by about 14% over the next 18 months
BERLIN (AP) — Germany's minimum wage is set to rise by about 14% over the next 18 months under an agreement that appears to defuse a potentially divisive issue for the new government. A commission in which employers and labor unions are represented recommended on Friday that the minimum wage rise from its current 12.82 euros ($15) per hour to 13.90 euros at the beginning of 2026 and 14.60 euros a year later. The head of the panel, Christiane Schönefeld, said it faced 'a particular challenge this year in view of the stagnating economy and the uncertain forecasts.' She said it conducted 'very difficult talks, which were complicated further by the expectations expressed in public.' Germany, which has Europe's biggest economy, has had a national minimum wage since 2015. It was introduced at the insistence of the center-left Social Democrats, who were then — as they are now now — the junior partners in a conservative-led government. It started off at 8.50 euros per hour, but the independent commission reviews its level regularly. There has been one political intervention, however: under then-Chancellor Olaf Scholz, a Social Democrat, the government in 2022 ordered an increase to 12 euros an hour, fulfilling a campaign pledge by Scholz. In their campaign for this year's election, the Social Democrats called for an increase to 15 euros. New Chancellor Friedrich Merz's conservative bloc strongly opposed another government-ordered raise. Labor Minister Bärbel Bas, a leading Social Democrat, said she would implement the commission's proposal. She said she 'can live well with it.' 'Of course we wanted more for people in this country,' she told reporters. But she praised the panel for reaching consensus on an increase, 'because it looked for a long time as though we wouldn't get an agreement at all, and then of course we would have had to talk in the coalition about how to deal with this.' The Associated Press Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
The Independent
20 hours ago
- Business
- The Independent
German minimum wage set to rise by about 14% over the next 18 months
Germany's minimum wage is set to rise by about 14% over the next 18 months under an agreement that appears to defuse a potentially divisive issue for the new government. A commission in which employers and labor unions are represented recommended on Friday that the minimum wage rise from its current 12.82 euros ($15) per hour to 13.90 euros at the beginning of 2026 and 14.60 euros a year later. The head of the panel, Christiane Schönefeld, said it faced 'a particular challenge this year in view of the stagnating economy and the uncertain forecasts.' She said it conducted 'very difficult talks, which were complicated further by the expectations expressed in public.' Germany, which has Europe 's biggest economy, has had a national minimum wage since 2015. It was introduced at the insistence of the center-left Social Democrats, who were then — as they are now now — the junior partners in a conservative-led government. It started off at 8.50 euros per hour, but the independent commission reviews its level regularly. There has been one political intervention, however: under then-Chancellor Olaf Scholz, a Social Democrat, the government in 2022 ordered an increase to 12 euros an hour, fulfilling a campaign pledge by Scholz. In their campaign for this year's election, the Social Democrats called for an increase to 15 euros. New Chancellor Friedrich Merz 's conservative bloc strongly opposed another government-ordered raise. Labor Minister Bärbel Bas, a leading Social Democrat, said she would implement the commission's proposal. She said she 'can live well with it.' 'Of course we wanted more for people in this country,' she told reporters. But she praised the panel for reaching consensus on an increase, 'because it looked for a long time as though we wouldn't get an agreement at all, and then of course we would have had to talk in the coalition about how to deal with this.'
