News
German reinsurer Munich Re reported stronger-than-expected second-quarter results on Friday, supported by solid operational performance and unusually low costs from major insurance claims. The company posted a preliminary net profit of around €2.2 billion ($2.50 billion) for the quarter, significantly......
Germany's Federal Constitutional Court has ruled that the government cannot revoke previously approved humanitarian admission commitments for Afghan nationals through a blanket decision, stating that each case must be assessed individually. The judgment represents a significant legal setback for......
German authorities in the state of Lower Saxony have approved a controversial nuclear fuel production project that brings together a French nuclear company and Russia's state-owned atomic energy corporation, reigniting debate over energy cooperation with Moscow despite ongoing geopolitical tensions. The......
Germany is preparing to take direct financial stakes in defence startups as part of a new strategy aimed at strengthening its military technology sector and accelerating innovation in security-related industries. The German government announced on Wednesday the creation of an investment fund that will......
German naval shipbuilder Thyssenkrupp Marine Systems (TKMS) has ended its interest in acquiring smaller rival German Naval Yards Kiel (GNYK), leaving defence company Rheinmetall as the only remaining bidder currently seeking to purchase the shipyard. The decision comes as European defence companies......
Italian rail operator Italo Holding has signed a major agreement worth around €3 billion with Siemens Mobility to purchase high-speed trains as part of its ambitious expansion into the German rail market. The deal represents a key step in Italo’s plan to launch commercial services in Germany......
The German Football Association (DFB) has decided not to join the collective backing for FIFA President Gianni Infantino's expected re-election, marking a significant development as criticism of football's governing body continues to grow. The decision follows controversy surrounding the suspension......
German Chancellor Friedrich Merz has clarified that the German government is not seeking to block UniCredit's proposed takeover of Commerzbank, while reiterating its reservations about the manner in which the Italian banking group has pursued the transaction. Speaking to reporters in Berlin on Wednesday,......
Germany experienced a significant increase in deaths during the intense heatwave that struck the country in late June, with preliminary official data indicating a sharp rise in mortality compared with previous years. According to early estimates from Germany's Federal Statistical Office, the number......
Germany is financing the purchase of 50,000 strike drones for Ukraine, according to a source familiar with the matter, in one of the largest known drone acquisition programmes backed by a Western government since the start of Russia’s full-scale invasion. The agreement highlights the growing importance......
Germany and France are preparing a joint initiative aimed at supporting Lebanon and strengthening prospects for peace in the Middle East, as international partners begin planning for the future of security arrangements after the expected end of the United Nations peacekeeping mission in the country. German......
German pharmaceutical and life sciences group Bayer has secured €3 billion ($3.4 billion) in equity financing through an agreement with funds managed by Apollo Global Management, strengthening its capital structure while retaining control of one of its key healthcare businesses. Announced on Friday,......
German diagnostics and life sciences company Qiagen has reportedly attracted preliminary takeover interest from several major private equity firms, according to a report published by Bloomberg News on Thursday. Citing people familiar with the matter, Bloomberg said that investment groups EQT, Advent......
