ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and...
Tag : Germany
UAE Germany talks spotlight investment, industry, security
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s deputy prime minister and minister of foreign affairs, received Germany’s foreign minister, Johann Wadephul, in Abu Dhabi on...
BMW tests AEON humanoid robots in German production
EuroWire, LEIPZIG: BMW Group has launched a pilot project using humanoid robots in production at its Plant Leipzig, marking the company’s first deployment of humanoid robotics on...
Elon Musk backlash linked to Tesla’s Europe sales decline
Tesla’s sales in Germany and the UK dropped to their lowest levels in over two years in April, reflecting rising competition and backlash against Elon...
Germany appeals to EU for defence spending flexibility
Germany has requested an EU budget exemption to increase defence spending amid rising Russian threats....
Netherlands stays above 80 percent employment rate
EU employment rate hit 70.9% in Q4 2024 as unemployment fell to its lowest since 2000, according to OECD data....
Trump plans 25% tariffs on autos, semiconductors, and pharmaceuticals
Trump plans 25% tariffs on auto, semiconductor, and pharma imports starting April, aiming to reshore industries, but experts warn of higher prices and economic disruption....
Tesla loses market share in Germany as sales drop nearly 60%
Tesla's Germany sales plunged nearly 60% in January, falling to third place. Analysts link the drop to CEO Elon Musk’s support for far-right AfD, sparking...
Germany and France see contraction as euro zone stalls in Q4
The euro zone economy stalled in Q4, posting zero growth, missing forecasts. The ECB responded with a rate cut as inflation concerns persist despite weak...
Germany shifts from electricity exporter to importer in 2024
In 2024, Germany shifted from a net electricity exporter to importer, driven by rising demand, fossil fuel reductions, and nuclear phase-out, highlighting energy transition challenges....