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Tabea Höllger

  • Jun 18

    Ravensburger takes 60% stake in Steiff, leaving plush-toy icon independent as it tackles earnings weakness

    The games and puzzle giant acquires 60% of the Margarete Steiff GmbH from the founding family, keeping the high-end plush-toy brand at its current site in Giengen an der Brenz. The move comes as Ravensburger battles an earnings dip and a cost-cutting programme.

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Today’s Brief

Ceuta burns Brussels' patience

Ceuta strains Europe as Russia pounds Kyiv and Danube idles Hungary's reactor

Europe woke to border panic, heat alerts and a power squeeze, while war and political risk kept moving faster than institutions. The common thread is capacity: states can still react quickly, but their buffers look thin.

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World · Updated 44m ago

The war in Ukraine and its limits

Both Ukraine and Russia conducted some of their largest coordinated drone and missile attacks of the year, demonstrating an intensification of reciprocal long-range strikes against energy, logistics, and air defense targets.

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