Hamburg

Five people were shot dead at a youth welfare centre in Stade, Germany, with the suspected gunman and a second alleged perpetrator arrested. The incident is one of the deadliest mass shootings in recent German history.

Five people were killed in a shooting at a youth welfare facility in Stade, northern Germany. Two suspects were arrested, one believed to be the shooter, and injuries were reported. Police confirmed no public danger and are investigating the incident.

China's LineShine supercomputer, developed by the National Supercomputing Centre in Shenzhen, reclaimed the world's fastest supercomputer title with 2.198 exaflops, surpassing the US's El Capitan at 1.809 exaflops. The rankings were released at the International Supercomputing Conference in Hamburg.

Basant Shenouda, an Egyptian-born Gen Z graduate from the University of Bonn, landed a job at LinkedIn by volunteering to waitress at a conference in Hamburg and handing out her résumé to 40 recruiters. After a six-month hiring process, she transitioned to a role at Google.

Politically motivated crime in Germany has doubled over the past decade, reaching 85,837 reported cases last year, with right-wing ideology accounting for half of the offenses. Security services attribute the rise to online discourse fueling hatred and violence, while hate crimes, antisemitic crimes, and religiously motivated crimes also increased significantly.

TAG Immobilien is reportedly planning to launch an IPO in Poland in the coming weeks. The company has offices in Hamburg, Germany.

Base metals advanced due to U.S. progress toward an Iran peace deal, while copper prices retreated amid rising London Metal Exchange inventories in Asia and risks from potential U.S. import tariffs.

Germany's gas storage is expected to fill up without aid, according to the market manager. The statement was made regarding the current state of oil terminals in Germany. This suggests a stable energy supply for the country.

A German court ruled that Mondelēz, the owner of Milka, deceived consumers by reducing the weight of the Alpine Milk bar from 100g to 90g without changing the packaging. The case was brought by Hamburg's consumer protection office. The court's decision vindicates consumers who consider shrinkflation a serious issue.

A telecom megamerger is expected to boost transatlantic M&A activity. Deutsche Telekom AG was recently featured at an expo in Hamburg.

European power prices are set to close the week below pre-war levels. Germany is preparing for a worst-case scenario requiring €60 billion in financial aid to Uniper SE, its largest gas supplier.