Keywords: Germany


Mercedes-Benz improves profitability despite weaker global sales

Mercedes-Benz delivered mixed financial results in the second quarter of 2026, with stronger operating profitability offsetting a decline in revenue and weaker global vehicle sales. The German automaker benefited from solid performances in its financial services and commercial vehicle divisions, but......

Porsche plans to cut 5,000 jobs in Germany as part of restructuring strategy through 2035

German luxury sports car manufacturer Porsche is preparing to reduce its workforce by around 5,000 positions over the coming years as part of a broader restructuring plan aimed at cutting costs and improving operational efficiency. Under an agreement reached with employee representatives, the workforce......

Audi and Volkswagen push for joint restructuring amid mounting global market pressures

Audi is preparing to deepen its collaboration with parent company Volkswagen as the premium carmaker seeks to reposition its business in response to weakening demand in key international markets and growing pressure across the global automotive industry. The strategic direction was outlined by Audi......

Germany Reopens Sigmaringen Military Base to Support New Voluntary Service Model

The German armed forces are preparing to reactivate the Sigmaringen military base in southwestern Germany, transforming the facility from a long-standing refugee reception center into an active military installation to support the nation's newly expanded voluntary service model. According to reports......

US study ranks countries by levels of narcissism

large international study has challenged the long-standing assumption that the United States is the world's most narcissistic country, suggesting instead that narcissistic traits vary significantly across cultures and social groups. The research, conducted by scholars at Michigan State University,......

Germany to invest directly in defence startups through new state-backed fund

Germany is preparing to take direct financial stakes in defence startups as part of a new strategy aimed at strengthening its military technology sector and accelerating innovation in security-related industries. The German government announced on Wednesday the creation of an investment fund that will......

Deutsche Telekom secures broadcasting rights for 2030 World Cup in Germany

Deutsche Telekom has strengthened its position in the sports broadcasting market by securing the rights to show the 2030 FIFA World Cup in Germany. The telecommunications company will broadcast all 104 matches of the tournament through its streaming platform MagentaTV, expanding its strategy around major......

Italo signs €3 billion Siemens train deal ahead of German market expansion

Italian rail operator Italo Holding has signed a major agreement worth around €3 billion with Siemens Mobility to purchase high-speed trains as part of its ambitious expansion into the German rail market. The deal represents a key step in Italo’s plan to launch commercial services in Germany......

Germany plans to expand homeland security force to more than 10,000 personnel by 2035

Germany is planning a significant expansion of its Bundeswehr Homeland Security Division, with the force expected to grow from its current planned strength of around 6,500 personnel to more than 10,000 troops by 2035. According to Major General Andreas Henne, commander of the division, the expansion......