11:30
Mercedes-Benz is expanding its manufacturing footprint in Hungary with a €1 billion investment aimed at increasing production capacity, improving efficiency and strengthening its position in an increasingly competitive global automotive market. The German carmaker announced on Monday that its Kecskemet facility will undergo a major expansion......
Helsing has secured $1.8 billion in a Series E funding round, lifting its valuation to $18 billion and reinforcing its position as Europe's best-funded defence technology startup. The investment marks one of the largest fundraising rounds ever completed by a European defence technology company, reflecting growing investor interest in......
The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic cooperation. Her appointment comes......
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 of unmanned systems in modern......
Germany recorded 99 drowning deaths in June, marking the country's highest monthly toll for the month since the devastating 2003 European heatwave, according to figures released by the German Life Saving Association (DLRG). The organization said the country had not experienced such a high number of June drownings since 2003, when 107......
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 Foreign Minister Johann Wadephul......
German police have launched a major security operation after a man allegedly took a woman hostage inside a supermarket in Berlin, with negotiations continuing as authorities work to resolve the situation safely. According to Berlin police, the incident began on Friday evening when the suspect seized the woman inside a store located on the......
German automotive manufacturers experienced another difficult quarter in China, with Volkswagen, Mercedes-Benz and BMW reporting significant declines in vehicle sales as competition from domestic brands intensified in the world's largest automobile market. The latest figures highlight the mounting challenges facing established international......
Volkswagen's efforts to advance a broad restructuring plan remain clouded by uncertainty after high-level discussions with key stakeholders concluded without clear announcements on the company's proposed cost-cutting measures. A meeting of the German automaker's supervisory board ended late Thursday without any official statement......
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, the transaction centers on Bayer's......
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 and KKR are among the firms that have expressed......
German aviation investigators have identified a misplaced locking pin as a key factor in the nose landing gear collapse involving a Lufthansa Boeing 787-9 at Frankfurt Airport, according to an interim investigation released on Thursday. The incident occurred on June 4, as the aircraft was being prepared for a long-haul flight from Frankfurt......
German defense company Rheinmetall and European missile manufacturer MBDA have signed a major contract to develop a laser weapon system for the German Navy, marking another step in Germany’s investment in next-generation defense technologies. The agreement, announced on Thursday, was awarded by Germany’s military procurement agency......
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