Page 16 - Germany

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.

As far right rises in Germany, firms struggle to attract foreign workers

When electrical engineer Preetam Gaikwad first moved to Jena in 2013, she was smitten by what the eastern German city had to offer: a prestigious university, top research institutions, and cutting-edge technology companies, global leaders in their field. Eleven years later, the Indian native takes a more sober view. I'm really worried about the development of the political situation here, Gaikwad, 43 said. Jena is in the eastern German state of Thuringia, which has elections on September 1. The far-right Alternative for Germany party, or AfD, is currently leading the polls with about 30 per cent support, far ahead of the centre-right Christian Democrats (21 per cent) and the centre-left Social Democrats of Chancellor Olaf Scholz (7 per cent). The AfD's anti-foreigner stance is the cornerstone of its campaign, raising concern among businesses like Jenoptik, Gaikwad's employer. The company, which supplied lens assemblies for Perseverance, the NASA remote vehicle on Mars, employs 1,68

Police look for man who killed 3 in knife attack in Germany's Solingen

An attacker with a knife killed three people and seriously wounded at least five late on Friday at a festival in the western German city of Solingen, authorities said. Witnesses alerted police shortly after 9:30 p.m. to an unknown perpetrator having wounded several people indiscriminately with a knife on a central square, the Fronhof. Police said the attacker was on the run, and that they so far had only very little information on the man. They said they believe the stabbings were carried out by a lone attacker. One of the festival organizers, Philipp Mller, appeared on stage and asked festivalgoers to go calmly; please keep your eyes open, because unfortunately the perpetrator hasn't been caught. He said many people had been wounded by a knifeman. At least one helicopter was seen in the air, while many police and emergency vehicles with flashing blue lights were on the road and several streets were closed off. Police put the number of seriously injured at five. The region's top

EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plant

ESMC is a joint venture led by TSMC, the world's largest contract chipmaker, with European chipmakers Bosch, Infineon and NXP each taking a 10 per cent stake

Russia files complaint to Germany over Nord Stream sabotage investigation

"We have raised the issue of Germany and other affected countries fulfilling their obligations under the UN anti-terrorist conventions," Tyapkin said

Germany cuts visa processing time to 2 weeks for skilled Indians: Know more

Between January and June 2024, Germany issued 80,000 employment-related visas

2 fighter jets crash in northeastern France, search underway for 2 onboard

Two French fighter jets collided and crashed Wednesday in northeastern France, French military authorities said. One pilot was found unharmed and a search is ongoing for two other people. According to France's Army of Air and Space, a branch of the French Armed Forces, two Rafale fighter aircraft collided while returning from a refueling mission in Germany and crashed near Colombey-les-Belles, a town in northeastern France. The pilot of one plane was found unharmed, officials said. A search is underway for the two people onboard the second plane, reported by French broadcaster BFM to be an instructor and a trainee. One of the pilots has been found, he is safe and sound. The search is still ongoing," French Minister of the Armed Forces Sbastien Lecornu wrote on social media. We thank our armed forces as well as to the gendarmes mobilised in the search and in securing the area. The regional prefecture is appealing to members of the public to come forward with any information.

Germany's proposed low emission steel standard may hurt India biz: GTRI

Germany's proposed Low Emission Steel Standard (LESS) is expected to pose new challenges to Indian industry which is already reeling with lower exports, higher imports and Europe's carbon tax, think tank GTRI said on Friday. India's steel exports have dropped by 31.2 per cent from USD 31.7 billion in 2021-22 to USD 21.8 billion in 2023-24, while imports have increased by 37 per cent, from USD 17.3 billion to USD 23.7 billion, making India a net importer, it said. The Global Trade Research Initiative (GTRI) said that the Indian steel industry is not legally bound to follow the new German steel standard, but ignoring it could hurt domestic exports. "Global markets are demanding low-carbon products, and Indian steel producers not aligning with LESS may struggle to compete," GTRI Founder Ajay Srivastava said. He added that India's steel industry must prepare to comply with new steel standards introduced by Germany, but may soon be adopted by other developed countries. LESS is a volunt

Will work to make Maha's economy surpass Japan, Germany: Guv Radhakrishnan

Maharashtra Governor CP Radhakrishnan has said he will work to make the state's economy larger than Japan and Germany and to ensure the wealth created reached the remotest village of the state. He was speaking here on Wednesday at the launch of 'Yoddha Karmayogi - Eknath Sambhaji Shinde', a biography of Chief Minister and Shiv Sena leader Eknath Shinde. He highlighted Maharashtra's crucial role in realising Prime Minister Narendra Modi's vision of a 'Viksit Bharat' (developed India) by 2047. The governor expressed confidence in CM Shinde's leadership to make Maharashtra a trillion-dollar economy while ensuring inclusive development. "A day will come by 2047 when India will be the richest nation of the world. That time, our Maharashtra state economy should be larger than the second largest economy of the world, that should be our aim and we all should work towards it," he said. "I will work with you to the extent that Maharashtra state's economy becomes larger than the second larg

UN goal of hunger-free world by 2030 unlikely to be achieved: Official

United Nations' goal of creating a hunger-free world by 2030 most likely will not be achieved, an eminent German agriculture economist said on Saturday. Addressing the 32nd International Conference of Agricultural Economists(ICAE), professor of agricultural economics and director of the Center for Development Research (ZEF), University of Bonn, Germany, Martin Qaim further said some forms of malnutrition are even on the rise globally. "At present, we have widespread hunger and malnutrition around the world, seriously hampering development. "Our goal of a world without hunger will most likely not be achieved by 2030," he said. Qaim said climate change and geopolitical tensions are exacerbating hunger and malnutrition problems. "And we can not ignore that our food systems themselves were contributing significantly to the climate crisis and several other environmental problems," he said. Noting that without major changes in the way the world produces, distributes and consumes foods,

'Feat of diplomacy': Joe Biden hails prisoner exchange deal with Russia

In addition to Whelan and Gershkovich, prominent Putin critic Vladimir Kara-Murza, who is a US permanent resident, and Russian-American journalist Alsu Kurmasheva were also freed

Volkswagen doubles down on cost cuts to try to revive profit margins

The German group is further reducing production capacity, cutting costs and changing software spending following its investment in electric vehicle maker Rivian

Putin warns US of Cold War-style crisis if missiles deployed to Germany

Earlier this month, the US said it would start deploying long-range missiles in Germany from 2026

Olympic bans: A list of countries that were excluded from past Games

In the 2024 Paris Olympics, Russia and Belarus have been banned from participating in the games due to the Ukraine war. But they are not the first to face such a ban.