Hugo Boss Takeover: UK retailer Frasers has pushed its stake in Germany’s Hugo Boss above the 30% mandatory-bid threshold, buying 2.55m more shares to reach 30.28% and keeping its €38-per-share offer open until July 27. Diplomacy in Berlin: Chancellor Friedrich Merz meets Azerbaijan’s President Ilham Aliyev in Berlin, with energy and raw-material trade expected on the agenda, alongside the Azerbaijan–Armenia peace process. Security & Defence Supply: A report warns NATO faces a critical cotton linter shortage that could disrupt nitrocellulose and ammunition production, with Germany’s Rheinmetall among those adjusting capacity. Climate & Homes: Berlin climate-tech startup Deutsche Sanierungsberatung (dsb) raised over €10m to speed up climate-neutral home renovations, using a standardized, tech-driven renovation process. Heat and Sleep: New reporting highlights how extreme heat is increasingly wrecking sleep in Europe, with Germany seeing tropical overnight lows in recent heatwaves. Sports Spotlight: FIFA opened an investigation into post-match incidents after Spain’s World Cup final win over Argentina, while Germany’s campaign ended in the round of 32.