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German committee approves €3bn in military aid for Ukraine this year

Germany’s Bundestag budget committee approved €3 billion ($3.2 billion) in additional military aid for Ukraine in 2025 and a further €8.3 billion for 2026 to 2029, attendees told dpa on Friday. By Andreas Stein, dpa The funds, which can now be released, are intended to bolster Ukraine’s increasingly difficult defence against Russian forces.An important part of…

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Porsche to Maintain Dividend Despite Higher Costs

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,…

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