VENTURE CAPITAL POST

Russia's attempted assassination plot targeting Armin Papperger, CEO of Rheinmetall AG, a major German arms manufacturer supplying Ukraine, was thwarted by US and German authorities.

German environmental authorities in Brandenburg have approved Tesla's Gruenheide plant expansion, sparking environmental concerns over water supply risks and local ecosystem impacts.

Germany has rejected a Chinese state-owned company's bid to buy a gas turbine unit of Volkswagen Group's subsidiary company, citing national security concerns under the Foreign Trade and Payments Act.

GSK said that it was reorganizing its cooperation with CureVac, including gaining control over various vaccines they were producing together, including COVID-19 and influenza vaccines.

German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.

Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.

Germany is urging China to take decisive steps regarding tariffs on imported electric vehicles (EVs).

The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.

Germany said that the European Commission has agreed to compensate power company LEAG with up to$1.90 billion for deciding to move away from coal by 2038.

Two German banks in Russia had their assets seized by the court over a Baltic Sea gas project construction issue.

A German district court recently ordered Lenovo to remove all of its Lenovo and Motorola devices from the German market after it favored InterDigital, the patent holder of its WWAN modules.

A large group of protesters rallied against the expansion of a Tesla plant in Grünheide, near Berlin, resulting in confrontations with law enforcement on Friday.

Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.

Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.

A German art gallery terminated an employee for hanging his own artwork in an attempt at recognition and permanently barred him from the exhibition.