Airbus completes first flight of its autonomous drone interceptor

Airbus has conducted the inaugural demonstration flight of its unmanned interceptor drone, the Bird of Prey, a system engineered to autonomously detect and neutralize kamikaze drones at a fraction of the cost of conventional air defense missiles. During a test flight in Germany, the Bird of Prey autonomously identified and destroyed a kamikaze......

Germany and Syria discuss plans for refugee return

Germany and Syria have begun discussions aimed at facilitating the return of Syrian refugees currently living in Germany, Chancellor Friedrich Merz announced on Monday during a meeting with Syrian President Ahmad al-Chareh. Speaking at a joint press conference in Berlin, Merz said both governments are working toward creating conditions that......

Standard Chartered appoints former Deutsche Bank executive Matthiessen to lead digital assets

Standard Chartered announced on Monday that Ole Matthiessen will join the bank as its global head of transaction services and digital assets within its corporate and investment banking division. Matthiessen brings extensive experience across various financial products, including transaction banking, derivatives, structured lending solutions,......

Intergenerational exchange strengthens Moroccan community in Germany

More than 200 members of the Moroccan community in Germany gathered in Frankfurt for a meeting focused on youth and intergenerational transmission, organized by the Amana associations of Frankfurt and Wuppertal. The event, themed “The Diaspora: A Bridge Between Germany and Morocco,” highlighted the contributions of Moroccans living......

Humpback whale “Timmy” struggles to escape shallow waters off Germany

A young humpback whale, nicknamed “Timmy” by rescuers, is struggling to escape shallow waters along the Baltic coast of Germany, raising concerns among environmental experts about its survival. The whale, estimated to measure between 12 and 15 meters in length, has spent several days trapped in bays near Wismar, in the Baltic......

Nightclub fire near Strasbourg forces evacuation of 750 people in Kehl

A large fire broke out in a nightclub in Kehl, a German town near Strasbourg, forcing the evacuation of around 750 people, according to German police. The venue is known to attract many visitors from across the nearby French border. The blaze reportedly started at around 3:45 a.m. before quickly spreading throughout the entire building. Emergency......

Europe's energy crisis deepens as Iran war shockwaves spread across three continents

One month into the U.S.-Israeli war against Iran, the economic shockwaves of the conflict are spreading well beyond the Middle East, pressing households and industries across three continents. Iran's effective blockade of the Strait of Hormuz, through which roughly one fifth of global oil and liquefied natural gas normally flows, has triggered......

Europe launches its largest ever venture capital fund of funds at 15 billion euros

The European Investment Fund has unveiled a 15 billion euro fund of funds, the largest of its kind in Europe, as part of a sweeping initiative to address the continent's persistent shortage of late-stage venture capital. The vehicle, named ETCI 2, will back around 100 growth-stage funds and aims to unlock up to 80 billion euros in follow-on......

Iran war boosts global demand for EVs, solar and heat pumps

The war in Iran has upended energy markets and exposed vulnerabilities in fossil fuel supply chains. Consumers and governments now show sharp interest in clean energy technologies, from electric vehicles and rooftop solar panels to heat pumps and induction stoves. Fighting has nearly halted oil exports through the Strait of Hormuz, the narrow......

Prosus considers selling part of its delivery hero stake

Dutch technology investor Prosus is reportedly exploring the possibility of selling a portion of its stake in the German food delivery company Delivery Hero. According to sources familiar with the matter, the company is considering offloading approximately 10% of its shares to Hong Kong-based investment firm Aspex Management. Prosus, one......

Germany considers windfall tax and energy measures amid rising costs

Germany’s ruling coalition is evaluating a series of measures, including a potential windfall tax, to address the sharp rise in energy prices affecting households and businesses. The proposals come as policymakers respond to economic pressure linked to geopolitical tensions in the Middle East. A working group made up of conservative......

German Chancellor Merz to meet Syrian President Chareh in Berlin

German Chancellor Friedrich Merz is scheduled to meet Syrian President Ahmad el-Chareh in Berlin on Monday to discuss the ongoing conflict in the Middle East, a spokesperson for the German government announced on Friday. “The Chancellor will welcome President Ahmad el-Chareh at the Chancellery on Monday for his inaugural visit,”......

BASF opens largest-ever China plant amid overcapacity concerns

BASF inaugurated Thursday its massive Verbund integrated chemical complex in Zhanjiang, Guangdong province, southern China the company's biggest single investment in 160 years at 8.7 billion euros across four square kilometers employing over 2,000. Launch timing shadows short-term profitability amid industry overcapacity and weak margins.......

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