Monday 22 June 2026 - 12:02
Germany is expected to take a decisive step this week in the future ownership structure of defense manufacturer KNDS, as lawmakers prepare to review a proposal for the acquisition of a 40% stake in the group ahead of its planned stock market debut. According to a report from Germany’s Ministry of Defence, the country’s parliamentary......
One person has died following a collision between two freight trains in Munich in the early hours of Saturday, an incident that caused multiple carriages to derail and fall from a bridge onto the street below, according to local authorities. The accident occurred in the northern district of Milbertshofen at around 1:40 a.m. local time. Emergency......
German luxury car manufacturer Porsche is moving forward with a new cost-reduction strategy as it seeks to adapt to a rapidly changing global automotive market. Company executives aim to finalize a second cost-cutting package before the summer holiday period, providing greater clarity for employees and investors regarding the company's......
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