HelloFresh shares dive 42% after meal kit giant warns on outlook

HelloFresh shares plunged 42% on Friday morning in their worst-ever session to date, after the recipe box delivery company disappointed with its 2024 earnings outlook. Analysts at UBS said that while they had flagged risks around HelloFresh’s guidance, its outlook, released after the market close on Thursday, was “far worse” than anticipated. Disappointing growth and … Read more

Tesla faces hurdle in Germany as locals vote against factory expansion

Employees of the Tesla Gigafactory Berlin-Brandenburg work on a production line of a Model Y electric vehicle on March 20, 2023. Patrick Pleuil | Picture Alliance | Getty Images Electric vehicle maker Tesla failed to secure a vote among locals in favor of authorizing a major factory expansion for the company’s battery and car assembly … Read more

Germany has taken in 1.1M Ukrainians and is running out of places to house them – National

The smell of rotten, boiled eggs stands out in Kateryna’s memory of her six months living at a refugee camp in Berlin. “When you peel them, the smell is horrible,” she said. “The yolk is black.” She has a collection of photos and videos of inedible food on her phone that she says was served … Read more