Germany

GERMANY-DEFENCE-MILITARY

Germany's Scholz Defies Pressure, Refuses Taurus Missiles to Ukraine Amid Russian Interception

German Chancellor Scholz faces pressure over refusal to supply Taurus missiles to Ukraine amid Russian interception, sparking internal debate and international scrutiny.

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Volkswagen ID.3 Electric Car Production In Dresden

Volkswagen Shifts Strategy: Main Factory Will No Longer Produce ID.3 Electric Models

Volkswagen in Germany is shifting its production of the electric ID 3 to Zwickau plant due to low demand, focusing on optimizing resources and simplifying resources.

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Hugo Boss

Hugo Boss Projects Disappointing 2024 Despite Record-Breaking 2023; Shares Take Nosedive

Hugo Boss warned that client demand may decline, sending its shares tumbling 18%.

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Elon Musk's Tesla Plans to Expand Gigafactory in Germany Hit a Roadblock — Here's Why Locals Vote It Down

Residents of the Grünheide town in Brandenburg, Germany, have rejected plans by Elon Musk's electric carmaker, Tesla, to expand its factory in the municipality just outside Berlin in a non-binding vote.

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Warren Buffett–Backed BYD Beats Volkswagen as China’s Biggest Carmaker

Warren Buffett–Backed BYD Beats Volkswagen as China’s Biggest Carmaker

Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.

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Arnold Schwarzenegger Detained in Germany, Faces Criminal Tax Proceedings Over Luxury Watch

Arnold Schwarzenegger Detained in Germany, Faces Criminal Tax Proceedings Over Luxury Watch

Arnold Schwarzenegger was temporarily detained in Germany for failing to declare a luxury watch upon landing at Munich Airport.

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Germany Unemployment Rate Rises to Highest Since 2021

Germany's Unemployment Rate Rises to Highest Since 2021

Germany is reportedly grappling with an economic slowdown that is now impacting its labor market.

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German Politician Plans To Introduce Bill to Fine Facebook For Every Fake News

German politician Thomas Opperman has threatened to fine Facebook up to €500,000 for every fake news on the platform. This came after Mark Zuckerberg announced the company's plans of building a more informed community, providing changes such as a simple way to flag articles that users think could be fake.

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Germany Has Legal Standing To Charge Facebook €500,000 For Each Fake News Post

Germany could fine Facebook €500,000 for each fake news post.

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Top Car Companies To Fund Car Charging Points

Volkswagen, its Audi and Porsche luxury brands, BMW, Daimler, and Ford’s European division have joined forces to build more electric car charging sites across Europe. The joint venture wants to create 400 charging sites next year in order to boost the demand on electric vehicles.

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Swiss Banks Prolong Bitcoin Industry To Germany And Austria

Swiss banks are lending hands for Germany And Austria in the bitcoin industry.

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Germany Provides 45M Euros For Malawi's Health, Other Sectors

On Tuesday, the Republic of Germany has extended its helping hand to Malawi and gave 45 million Euros for the development in the country’s primary sectors including health, education and social protection.

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German Climate Plan Puts Emphasis On CO2; Targets sectors

According to the statement of its Senior Officials on Monday, the German government has already arrived at a tentative agreement on a Climate Action Plan including targets for all economic sectors aiming to decrease C02 discharge by at least 55 percent by 2030 compared to 1990.

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Brexit Shall Soon Make German Pharma And Transport Sectors Suffer

After some not so good effects on the other EU countries, Germany is now as it suffers its pharma and transport sectors.

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Germany's Gabriel Pushes More Investments; Advises Tax Cuts Caution

Sigmar Gabriel, the economy minister of Germany urged the government to put up more investments. He stressed out that there should be more schools to be put up, infrastructures such as road as well as in education. In his speech he asked to push more welfare handouts of the solid public finances.

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