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 […]
Germany
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’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 […]
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 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 […]
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 […]
On August 11, 2020, the German Government announced the creation of a federal agency dedicated to combating cyber threats that undermine the country’s security, according to Deutsche Welle. The organization will receive 350 million Euros in funding up to 2023 and will be headquartered in the eastern city of Halle. In the long-term, the agency […]
BOSTON (AP) — At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data breach last month. The server was being used by a WikiLeaks-like data transparency collective called […]
BERLIN (AP) — Germany’s finance minister says he wants to revamp the oversight system for the country’s financial industry in the wake of the accounting scandal at payment systems provider Wirecard. The Munich-based Wirecard filed for bankruptcy recently after auditors couldn’t find accounts in the Philippines that were supposed to contain 1.9 billion euros ($2.1 […]
By GEIR MOULSON Associated Press BERLIN (AP) — Germany and France on Thursday launched a project to set up a European cloud computing platform that they hope will enhance European economic sovereignty in the wake of the coronavirus crisis and break the continent’s dependence on U.S. and Chinese companies. The platform, entitled GAIA-X, is meant […]