City in North Rhine-Westphalia, a port of industry and culture
German prosecutors are investigating alleged unauthorised favours linked to Euro 2024, with searches conducted at the DFB headquarters and host-city offices. Officials say tickets and other benefits may have been allocated to preferred guests, prompting questions about public trust in major events.
BP has reported a quarterly profit of $5.73bn, more than doubling year-on-year, driven by higher oil prices amid Middle East conflict. The group plans to sell its US renewable natural gas unit Archaea and is considering further asset disposals, including a potential North Sea exit. CEO Meg O’Neill says the company is focusing on assets with the strongest potential to deliver returns.
Diageo has announced a multi-pronged turnaround plan led by Dave Lewis, including capital investment to boost Guinness production, expansion of RTD brands, and aggressive cost cuts. The group expects significant restructuring costs and thousands of job losses as it shifts to a more agile operating model and aims to return to profit growth in the coming years.