Germany

Exclusive - Hydrogen Firm Thyssenkrupp Nucera Says IRA Spurring U.S. Interest

German hydrogen firm Thyssenkrupp Nucera has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy’s De Nora if the market takes off. Thyssenkrupp Nucera held talks about several potential green hydrogen projects “with very concrete timelines” during a trip to […]

Explainer - What Are e-Fuels, and Can They Help Make Cars CO2-Free?

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. The EU law would require all new cars sold from 2035 to have zero CO2 emissions, […]

Biden, Scholz Vow to Punish Russia for War in Ukraine

U.S. President Joe Biden and German Chancellor Olaf Scholz vowed on Friday to keep imposing costs on Russia for its war in Ukraine, now in its second year, as an EU official said any arms provided by China to Russia would trigger sanctions. Biden and Scholz met in private in the Oval Office for over […]

US Subsidies Are Appealing to German Companies - Survey

The Biden administration’s Inflation Reduction Act to promote climate-friendly technologies is attracting German companies to the United States, a survey of the German Chamber of Commerce and Industry DIHK released on Wednesday showed. According to the DIHK survey among 2,400 companies from all sectors, one in 10 German companies is already planning to relocate production […]

European Shares Fall on Sticky Inflation Worries; Uk’s Ocado Slides

European shares fell on Tuesday, with UK’s Ocado sinking after a worse-than-expected full-year loss, while data from France and Spain pointed to inflation being stickier than feared. The continent-wide STOXX 600 index slipped 0.3% in the first hour of trading, after closing sharply higher in the previous session. “Whether it be Spain, France or Germany, […]

Germany’s Habeck Optimistic EU and U.S. Can Reduce Trade Tension

German Economy Minister Robert Habeck expressed optimism on Monday about resolving a European Union trade dispute with Washington, saying he saw room for compromise on certain elements of the U.S. Inflation Reduction Act and its green subsidies. Many EU leaders are worried the local content requirements of $369 billion of green subsidies in the U.S. […]

Deutsch Telekom vs Vodafone Germany: Telecom Wars

Previously on Telecom Wars, we showcased the intense battle between U.S resident heavyweights AT&T and Verizon and how Africa’s operators earned the continent a place on the global stage. In this new edition of telecom wars, we introduce and pit against one another two of Germany’s most prolific telecom operators: Deutsche Telekom vs Vodafone Germany. […]

Google, Porsche in Talks over Google Apps Access

Porsche is considering fully integrating Google software into its car cockpit, a source close to the company said on Thursday, marking a shift in strategy for the newly listed carmaker. The deal, which is only being considered for the Porsche brand and not the Volkswagen Group more widely, would enable Porsche customers access to Google […]