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AXA, Apollo’s Athora Scrap Life-Insurance Deal in Germany

May 3 2024 // Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer life insurance policies in Germany almost two years after announcing it. The deal was meant to...

Hungary’s Orban Comes Under Fire From German Investors Decrying Cronyism

May 1 2024 // German companies have long treated Hungary like their backyard. Carmakers Mercedes Benz AG and BMW AG and Volkswagen AG’s Audi continue to expand their footprint, driving the country’s exports, while weapons...

German Cannabis Legalization Uncertainty Is Spooking Investors

Mar 21 2024 // Investors in Germany’s cannabis sector are holding back and some startups risk running out of cash amid uncertainty over whether a partial legalization of the drug for recreational use will take effect as planned on...

Tesla Arson Case Shows Need to Protect Power Grid, Says German Utility Westenergie

Mar 12 2024 // German policymakers should team up with power grid operators to improve the response to incidents such as the arson attack near Tesla’s gigafactory, said the head of regional utility Westenergie. Security measures...

German Industry Sounds Alarm on Infrastructure Security After Tesla Attack

Mar 6 2024 // German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on Tesla’s gigafactory outside Berlin halted production until further...