Germany

What Was Really the First Man-Made Object in Space?

As humanity approaches a new space exploration stage and is getting ready to send human-crewed flights to Mars using the Moon as an intermediary base, many people glance back to the 20th-Century space race, trying to evaluate our previous advances in this area. As to who put the first man-made object in space question, most […]

Siemens Q4 Profit Beats View; Sees Persistent Demand for Hardware, Software

German engineering and technology group Siemens posted a better-than-expected fourth-quarter profit for its industrial business on Thursday and said its factory hardware and software continued to witness strong demand. The company said in a statement it has seen growth in many markets despite a “continuing complex macroeconomic environment influenced by energy shortages and availability concerns […]

Germany Blocks Chinese Stake in Two Chipmakers Over Security Concerns

The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological know-how to Beijing. The government said it had vetoed the takeover of the chip factory of the Dortmund-based company Elmos by Silex, a Swedish company that is […]

Volkswagen to Develop New Semiconductor with STMicro Amid Chip Crunch

Germany’s Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry’s supply chain, the companies said on Wednesday. The move illustrates how Volkswagen, Europe’s biggest carmaker, is striving to gain greater control over the supply of chips, found in ever greater number in new […]

Warburg Pincus Names SAP Executive Khan Senior Tech Adviser

U.S. investment firm Warburg Pincus has appointed an executive of Germany’s SAP as a senior adviser to its technology group as it turns to industry leaders to source new investments and boost the value of existing portfolio companies. Irfan Khan, who is in charge of SAP’s data management and analytics portfolio as president of its […]

German Firms Sign Deals in UAE as Berlin Seeks Alternative Energy Supplies

German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin looks to cut carbon emissions and reduce its reliance on Russian energy. The deals were signed during a visit by German Economy Minister Robert Habeck to Gulf […]

Germany Calls for New Talks on Transatlantic Trade Deal

Germany’s finance minister has called for fresh talks over a free trade agreement between the European Union and the United States, a newspaper reported on Sunday, aiming to revive discussions halted by former U.S. President Donald Trump. Trump ended negotiations over the so-called Transatlantic Trade and Investment Partnership (TTIP) and instead pressed a number of […]

Germans Pin Hopes on Novavax Moving the Needle Among Anti-Vaxxers

Benedikt Richter, a 40-year-old teacher in the southwest German city of Kaiserslautern, long held out against getting vaccinated against COVID-19. He felt uneasy about the novelty of the mRNA technology used in two of the most commonly administered shots. It did not help that his sister-in-law was hospitalised with heart muscle inflammation a day after […]

Germany Welcomes EU 'green' Energy Plan on Gas, Still Opposes Nuclear

Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the same for nuclear power projects. Germany pulled the plug on three of its last six nuclear power stations on Friday as it moves towards completing […]

New German government to revamp incentives for electric cars

Germany’s new government said Monday it is extending the country’s current incentive payments for buyers of electric and hybrid cars for a year but then plans to impose tougher requirements for vehicles to qualify for the support. The economy and climate ministry that was set up when Germany’s new government took office last week said […]