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Germany Logs 33 Major Insolvencies in H1 2026, Up 10% Year-on-Year

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Germany Logs 33 Major Insolvencies in H1 2026, Up 10% Year-on-Year

Hamburg – September 08, 2026 -- Germany recorded 33 large corporate insolvencies among companies with annual revenue above €50 million in the first half of 2026, a 10% increase over the same period last year, according to credit insurer Allianz Trade. The figure extends a record run that saw 94 large insolvencies in Germany in 2025, itself up 8% from 87 cases in 2024 and the highest total since Allianz Trade began tracking large-scale corporate failures in 2015.

DBU-Backed EcoCoat Project Cuts Powder Coating CO2 Footprint by 70%

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DBU-Backed EcoCoat Project Cuts Powder Coating CO2 Footprint by 70%

Osnabrück – September 08, 2026 -- The Deutsche Bundesstiftung Umwelt (DBU) has funded a €370,000 project that achieved the first successful shift to bio-based powder coating formulations, cutting the carbon footprint of the coatings by more than 70 percent.

Consortium proves fossil-free powder coatings are technically feasible

The "EcoCoat" project, backed by DBU with roughly €370,000, brought together iLF Magdeburg GmbH, powder coating manufacturer Ganzlin Beschichtungspulver GmbH -- a company with about 70 employees -- and the Core Facility Microscopy and Materials Analysis (CMMA) at Otto-von-Guericke University Magdeburg. Dr. Susanne Bender, managing director of iLF Magdeburg, said the results demonstrate that powder coatings can largely be produced without fossil raw materials.

Dubai's 350-Meter Al Habtoor Tower Uses Crystalline Waterproofing Admix

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Dubai's 350-Meter Al Habtoor Tower Uses Crystalline Waterproofing Admix

Dubai – September 08, 2026 -- Al Habtoor Tower, a 350-meter (1,155-foot) residential skyscraper on the Dubai Water Canal, was inaugurated in September 2026, ranking among the world's tallest residential buildings and relying on PENETRON ADMIX crystalline waterproofing to protect its below-grade concrete structures.

Tower delivers 1,740 apartments across 85 residential floors

The Al Habtoor City development spans a built-up area of over 25,000 square meters (274,000+ square feet), with three below-grade basement floors, a ground floor, and 85 residential floors. Units range from one-bedroom apartments (78-141 m2) to three-bedroom apartments (162-229 m2), with Ultra Residences and Sky Villas occupying the top six floors. The tower runs 24 high-speed elevators capable of 7 meters per second, described as the world's fastest.

German Factory Orders Jump 2.5% in July on Aircraft, Ship Deals

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German Factory Orders Jump 2.5% in July on Aircraft, Ship Deals

Wiesbaden – – September 08, 2026 -- New orders for Germany's manufacturing sector rose 2.5% month-on-month in July 2026 on a seasonally and calendar-adjusted basis, according to preliminary data from the Federal Statistical Office (Destatis), driven almost entirely by a surge in large-scale aircraft, ship and rail contracts.

Stripped of big-ticket orders, however, the underlying order book contracted 1.4% versus June, exposing weaker core demand beneath the headline figure. Orders climbed 13.1% year-on-year on a calendar-adjusted basis. June's initially reported 3.1% monthly gain was revised upward to 3.7%, with annual growth of 7.2%.

German Services Revenue Falls 1.7% in June, Deepest Drop Since Spring

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German Services Revenue Falls 1.7% in June, Deepest Drop Since Spring

Wiesbaden – September 08, 2026 -- Germany's services sector, excluding financial and insurance activities, posted a 1.7% real revenue decline in June 2026 compared with May, according to preliminary calendar- and seasonally-adjusted data from the Federal Statistical Office (Destatis). Nominal revenue fell 1.4% month-on-month, while pricing effects widened the gap between real and nominal annual comparisons.

Professional and technical services lead the monthly slide

Freelance, scientific and technical services recorded the steepest sequential drop at 2.3%, signaling reduced demand for consulting, engineering and R&D-adjacent work. Real estate and housing services followed with a 1.8% decline, while transport and storage, along with other economic services such as equipment rental and staffing placement, each fell 1.6%. Information and communication services slipped 1.3% versus May.

NOVOSENSE H1 Revenue Jumps 66.7% on AI Server Power Chip Demand

Shanghai – September 08, 2026 -- NOVOSENSE (HKEX: 02676) reported first-half 2026 revenue of approximately $374.54 million, up 66.73 percent year-on-year, with net profit attributable to shareholders reaching $9.97 million. The analog and mixed-signal IC maker has posted sequential quarterly revenue growth for several consecutive quarters.

Automotive electronics revenue climbs 60% as cumulative shipments surpass 1.95 billion units

Automotive electronics revenue rose about 60 percent, accounting for 32.38 percent of total first-half revenue. NOVOSENSE shipped 534 million automotive chips during the period, pushing cumulative shipments past 1.95 billion units.

Bundeswehr Taps FHF to Modernize Mobile Radio Transmitters by 2028

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Bundeswehr Taps FHF to Modernize Mobile Radio Transmitters by 2028

Koblenz – September 08, 2026 -- Germany's Bundeswehr has commissioned Bremen-based FHF Flurfördergeräte GmbH to overhaul eight mobile FM/DAB+ transmission containers for its Center for Operational Communication, with full delivery targeted for mid-2028.

The Federal Office for Equipment, Information Technology and Use of the Bundeswehr (BAAINBw) awarded the regeneration contract to upgrade aging transmission cabins that form part of the military's mobile radio broadcast systems, alongside equipment trucks, power generators and a mobile 25-meter antenna.

Prototype Container Arrives by Year-End, Seven More Follow in 2027-2028

A first prototype unit is scheduled for completion by the end of this year. Following successful testing and acceptance, seven additional containers will be produced through 2027 and 2028, completing the fleet renewal by mid-2028.

DELIVAN to Debut Two Electric Vans at IAA Transportation 2026

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DELIVAN to Debut Two Electric Vans at IAA Transportation 2026

Liverpool – September 08, 2026 -- DELIVAN, the European-focused van brand owned by Chery Commercial Vehicle, will unveil its first two all-electric production vans at IAA Transportation 2026, moving from concept to market-ready hardware five months after its debut at the CV Show in Birmingham.

Two production vans and four converted variants go on display in Hall 13

The two all-electric vans represent different size classes within DELIVAN's forthcoming European range, targeting a variety of commercial applications. They will be shown alongside four converted variants built on the same platforms, intended to demonstrate flexibility for specialist fleet uses. DELIVAN will occupy Hall 13, Stand E54 at the show.

BUUU to Acquire 60% of Brightray, Raise $60M for AI Data Centers

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BUUU to Acquire 60% of Brightray, Raise $60M for AI Data Centers

Singapore – September 08, 2026 -- BUUU Group Limited (Nasdaq: BUUU) has signed a definitive agreement to acquire a 60% stake in Brightray Science Inc., a modular prefabricated data center provider, while raising more than $60 million through private placements to fund an industrialized AI infrastructure build-out.

HSG Laser Helps Draft First ISO Safety Standard for Handheld Lasers

Foshan, China – September 08, 2026 -- ISO 11553-2:2026, the world's first international safety standard for handheld laser processing machinery, was officially published on August 28, 2026, following a seven-year development process led under China's technical direction. HSG Laser served as a core member of the Chinese expert group that initiated and drafted the standard.

New ISO standard shifts safety focus to product design, not user protocols

ISO 11553-2:2026 covers safety requirements for hand-held or hand-operated laser processing machines and marks the first ISO/IEC international safety standard for complete laser processing systems. The standard moves safety management away from personnel training and end-user protection toward mandating inherent safety design in the equipment itself, setting a unified global benchmark for the fast-growing handheld laser welding and cleaning equipment market.