Page 5 - Germany

Commerzbank warns UniCredit merger threat to Germany's businesses

Earlier this month, UniCredit took a 9 per cent stake in Commerzbank, catching German authorities off guard.

India, Germany conclude development policy negotiations successfully

The talks, held in New Delhi, were led by the Department for Economic Affairs (Indian Ministry of Finance)

German court rules in Nokia's favour in Amazon video tech patent dispute

In July, Amazon sued Nokia in a Delaware federal court, accusing the Finnish group of infringing a dozen Amazon patents related to cloud-computing technology

Mercedes slashes financial forecast in latest blow to German industry

Mercedes-Benz Cars now expects its adjusted return on sales to be between 7.5 per cent and 8.5 per cent

EV tariffs will damage Germany, China: Chinese commerce minister

Wang is visiting Europe for talks on the EU's anti-subsidy case against Chinese-made EVs ahead of a vote on more tariffs

Germany conducts checks at land borders to crack down irregular migration

Germany on Monday began random checks at its borders with five Western European nations as it seeks to crack down on irregular migration, expanding a system of controls that are already in place at four other borders. The police controls began at the borders with France, the Netherlands, Belgium, Luxembourg and Denmark on Monday morning and are due to continue for six months. Germany has already been carrying out the checks at its borders with Poland, the Czech Republic, Austria and Switzerland since last year. Germany, a European Union member, announced last week that it was expanding border checks to all nine of its land borders this week as part of an effort to crack down on irregular migration and crime following recent extremist attacks. Last month, a knife attack blamed on a Syrian asylum-seeker in Solingen killed three people. The suspect claimed to be inspired by the Islamic State group. In June, a knife attack attributed to an Afghan immigrant left a police officer dead and

UAE, Germany discuss boosting cooperation ties, strategic partnership

They also exchanged views on the latest regional and international developments, particularly the situation in the Middle East

EAM discusses bilateral ties with German Parliament committee's chairperson

External Affairs Minister S Jaishankar has met Michael Roth, the chairman of the German Parliament's committee on foreign affairs, and discussed the current global challenges and the possibilities of new bilateral collaborations. Jaishankar is in Germany on the second leg of his three-nation tour. He arrived here from Saudi Arabia after attending the first India-Gulf Cooperation Council Ministerial Meeting for Strategic Dialogue. "Glad to meet Mr Michael Roth, MP and Chairman of the @Bundestag Committee on Foreign Affairs. Shared views on current global challenges, and possibilities of new collaborations between India and Germany," Jaishankar said in a post on X after the meeting on Tuesday. He also held a lively conversation with foreign affairs and security policy experts organised by the Munich Security Conference in Berlin on Tuesday. "Exchanged perspectives on the changing global order, multipolarity, security challenges and the strategic convergences between India and Germany

Germany's expansion of border controls testing European Union's unity

The German government says it is cracking down on irregular migration and crime following recent extremist attacks, and plans to extend temporary border controls to all nine of its frontiers next week. Last month, a deadly knife attack by a Syrian asylum-seeker in Soligen killed three people. The perpetrator claimed to be inspired by the Islamic State group. In June, a knife attack by an Afghan immigrant left a police officer dead and four other people wounded. The border closures are set to last six months and are threatening to test European unity. Most of Germany's neighbours are fellow members of the European Union, a 27-country bloc based on the principles of free trade and travel. And Germany the EU's economic motor in the heart of Europe shares more borders with other countries than any other member state. The Polish prime minister on Tuesday denounced the closures as unacceptable and Austria said it won't accept migrants rejected by Germany. Here's a look at some of the .

Mario Draghi's call for joint EU bonds hits wall of German opposition

That reaction from Berlin highlights the challenges of turning a 400-page recipe to restore competitiveness and help the bloc compete on global markets into reality

Germany expands border controls to curb irregular migration, extremists

Germany's government ordered temporary controls at all land borders Monday, expanding checks it already has in place at some borders, saying that it was responding to irregular migration and to protect the country from extremist threats. We are strengthening our internal security through concrete action and we are continuing our tough stance against irregular migration, Interior Minister Nancy Faeser said at a news conference. The ministry said that it notified the European Union on Monday of the order to set up border controls at the land borders with France, Luxembourg, the Netherlands, Belgium and Denmark for a period of six months. They will begin next week on September 16. This adds to restrictions already in place on the land borders with Poland, the Czech Republic, Austria and Switzerland. Until we achieve strong protection of the EU's external borders with the new Common European Asylum System, we must increase controls at our national borders even more, Faeser said. She n

Zelenskyy meets military leaders in Germany as US announces aid to Ukraine

Ukrainian President Volodymyr Zelenskyy met Friday with top United States military leaders and more than 50 partner nations in Germany to press for more weapons support Friday as Washington announced it would provide another USD 250 million in security assistance to Kyiv. US Defence Secretary Lloyd Austin said the meeting of the leaders was taking place during a dynamic moment in Ukraine's fight against Russia, as it conducts its first offensive operations of the war while facing a significant threat from Russian forces near a key hub in the Donbas. So far the surprise assault inside Russia's Kursk territory has not drawn away President Vladimir Putin's focus from taking the Ukrainian city of Pokrovsk, which provides critical rail and supply links for the Ukrainian army. Losing Pokrovsk could put additional Ukrainian cities at risk. While Kursk has put Russia on the defensive, we know Putin's malice runs deep, Austin cautioned in prepared remarks to the media before the Ukraine ...

Germany's image as auto superpower hit by Volkswagen's slow decline

Germany is confronting the most symbolic moment yet in its story of industrial decline as its biggest manufacturer is poised to cross the Rubicon of factory closures

Germany's Infineon eyes entry into India's power semiconductor space

Move comes days after firm opened first phase of fab plant in Malaysia

Volkswagen goes head-to-head with workforce over proposed cuts by company

Cavallo warned emotions will run high and management will be "very uncomfortable" at the meeting, expected to last several hours

Travel industry to contribute record $11 trillion to global GDP in 2024

Travel spending in the US, Chinese and German economies is expected to contribute the most to GDP

German far-left leader Wagenknecht turns power broker after state votes

The BSW, which wants to curb immigration and stop arming Ukraine, was founded only in January after splitting from the Left party

Volkswagen considers closure of historic German plant to cut cost

VW has lost almost a third of its stock market value over the past five years, making it the worst performing stock among the major European carmakers

Poland marks 85th anniv of Nazi Germany's invasion during World War II

Solemn ceremonies started early Sunday in Poland to mark the 85th anniversary of German Nazi forces invading and bombing Polish territory at the start of World War II. President Andrzej Duda attended observances in Wielun, the first civilian town targeted by German bombs in the small hours of September 1, 1939. Meanwhile, at a monument on the Baltic Sea's Westerplatte peninsula, where a military outpost was shelled by a German warship just minutes after Wielun was attacked, Prime Minister Donald Tusk and Defence Minister Wladyslaw Kosiniak-Kamysz laid wreaths and attended a memorial roll call for fallen soldiers. At the time, the outpost's outnumbered troops fought for seven days before surrendering to the Germans, becoming a symbol of heroism and patriotism. In more than five years of war and brutal German occupation, Poland lost 6 million citizens or a sixth of its population, of which 3 million were Jewish. The country also suffered huge losses to its infrastructure, industry an

British PM Keir Starmer in Berlin for talks to reset ties with Europe

Military support for Ukraine if former U.S. President Donald Trump returns to the White House early next year.