In a historic political shift, Alexander Omar Kalouti of the CDU has been elected as Dortmund's new mayor, ending the Social Democratic Party's (SPD) nearly 80-year hold on the city's top political position. Kalouti secured 52.92% of the vote in the runoff election, defeating incumbent Thomas...
Swiss cement conglomerate Holcim has agreed to acquire German building materials manufacturer Xella for €1.85 billion, marking a significant strategic move in the European construction sector. The transaction, announced on Monday, is expected to be finalized in the second half of 2026,...
