Following the election victory of Germany’s opposition conservatives, calls sounded throughout the republic on Monday urging leaders to get to work and form a government as soon as possible, as Europe’s biggest economy faces a mountain of challenges. The election saw Germany take a big step to the right, with the conservative bloc – made…
The Volkswagen luxury sports car subsidiary Porsche plans to keep its dividend at last year’s level despite higher costs linked to efforts to improve profitability. The German car manufacturer said that, pending final approval from the supervisory board, it would propose maintaining the dividend at approximately the same level at the annual general meeting.For 2023,…
Californian Artificial Intelligence start-up OpenAI, the company behind ChatGPT, announced on Thursday that it would open its first office in Germany, located in Munich. Germany is one of the world’s leading countries in terms of AI usage, according to OpenAI.Munich already hosts the German headquarters of US tech giants such as Apple, Microsoft and Intel….
BERLIN – Germany’s liquefied natural gas (LNG) import terminals on the North Sea operated at about 65% capacity in 2024, according to the state-owned Deutsche Energy Terminal. The floating terminals are located in the northern German cities of Wilhelmshaven and Brunsbüttel.Meanwhile, private operator Deutsche ReGas, responsible for two floating terminals on the Baltic Sea, has…
BERLIN – German Chancellor Olaf Scholz has criticized new sanctions imposed by US President Donald Trump on the International Criminal Court (ICC) in The Hague. “I don’t think it’s right to impose sanctions on the International Criminal Court,” Scholz said on Friday between election campaign events in the southwestern German city of Ludwigsburg.It is perfectly…
Germany is very concerned about USÂ tariffs on Mexico and Canada, a government spokeswoman said on Monday. “Many German companies producing for the USÂ market are present in both Mexico and Canada,” said a spokeswoman for the Economy Ministry, days after the USÂ hit its neighbouring countries with 25% tariffs. Any form of tariffs and a trade conflict…
