To which road user must you give way here?

In this situation, both the pedestrian and the cyclist must be given way. When turning at an intersection, German traffic rules require you to yield to pedestrians crossing the street into which you are turning, as well as to cyclists who are continuing straight or crossing the intersection. The bus does not automatically have priority unless it is pulling out from a bus stop with a flashing indicator, which is not indicated here. So the correct action is to give way to the pedestrian and the cyclist but not to the bus. Always look carefully for pedestrians and cyclists at intersections, especially when turning.