Arnold Schwarzenegger was temporarily detained in Germany for failing to declare a luxury watch upon landing at Munich Airport.
Tags: Germany
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany. HSBC is reportedly considering selling various business units in Germany, particularly those dealing with wealth management, custody, and fund administration.
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.
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.
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%. Hugo Boss, a German luxury fashion brand, warned that it may not reach its 2025 sales goal due to deteriorating customer demand.
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Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
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.
Germany could fine Facebook €500,000 for each fake news post. The country of Germany isn't confident Facebook can self-regulate its fake news problem.
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.
Swiss banks are lending hands for Germany And Austria in the bitcoin industry. Right after the launch and introduction of its product for Swiss investors, who expect a positive development in the price of Bitcoin to trade transparently on the SIX Swiss Exchange for the first time, Swiss bank Vontobel has extended its certificate on Bitcoin to the countries of Germany and Austria.
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.
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.
An international recognition has been given to George Hadjipanayis, Richard B. Murray Professor of Physics and Astronomy at the University of Delaware, for his exceptional contributions in the field of rare-earth permanent magnets.
After some not so good effects on the other EU countries, Germany is now as it suffers its pharma and transport sectors.
