Best Read Germany Headlines
Headlines from our Germany Topic Page with the most time spent reading.
#1 Tech Startups in US, France, Germany Help in Fight Against Wildfires
Sep 25 2023 // This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career. Blazes raged through more than 2,000 acres of wildland in recent months in his...
#2 German Cabinet Passes Landmark Bill Over Legal Cannabis Use
Aug 16 2023 // Germany’s cabinet passed a contentious bill on Wednesday to legalize recreational marijuana use and cultivation, one of the most liberal cannabis laws in Europe that could potentially provide further momentum for a...
#3 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...
#4 Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study
Aug 17 2023 // German transport insurers report a significant increase in stolen goods – with thieves targeting electronic devices as well as chemical and pharmaceutical products. Every 20 minutes, goods are stolen from a truck,...
#5 Low Water Levels Hamper Rhine River Shipping in Germany
Oct 5 2023 // Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany with surcharges added to the usual freight rates, commodity traders said on Thursday. Low water...
#6 Germany Hit by Strikes as Workers Demand Better Pay and Conditions
Feb 6 2024 // Germany has been hit by a series of strikes since the start of 2024 as unions press for higher wages and improved working conditions to make up for high inflation and staff shortages in Europe’s largest economy. The...
#7 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...
#8 Europe’s Toughest ESG Rule Hits Wall of German Objections
Feb 2 2024 // The European Union’s most stringent ESG rule to date may be scuppered due to eleventh-hour German opposition to the plan. The EU was on track to move forward with the Corporate Sustainability Due Diligence Directive...
#9 River Rhine in South Germany Closed to Shipping Due to High Water Levels
Nov 20 2023 // Parts of the river Rhine in south Germany remain closed to shipping on Monday after a rise in water levels following recent heavy rain, navigation authorities said on Monday. Rhine river shipping remains stopped around...
#10 German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan
Jun 27 2024 // Wefox Holding AG is replacing Chief Executive Officer Mark Hartigan after the German insurance tech startup’s board rejected a proposal by its largest stakeholder, Mubadala Investment Co., that he backed to sell the...
#11 Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk
Jun 20 2024 // Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and...
#12 Contamination Fears Stoked by Water Leak at German Nuclear Site
May 24 2024 // Water is leaking into an underground nuclear waste facility in Germany creating fears about toxic contamination of groundwater and highlighting the legacy that the shuttered nuclear industry has left behind. The operator...
#13 Derisking Dilemma: How German Companies Are Tackling China Risk
Oct 19 2023 // Thomas Nuernberger is preparing for tougher times. For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and...
#14 Insurers Expect Major Loss Event From Floods in Southern Germany
Jun 4 2024 // Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria and Baden-Württemberg foreshadow the worst. Our companies are already receiving many...
#15 Scholz to Visit Southern German Region Battling Severe Flooding
Jun 3 2024 // Southern Germany continues to battle flooding from heavy rainfall that’s disrupted transportation and pushed emergency services to their limits. Chancellor Olaf Scholz, who plans to visit some of the affected regions...
#16 Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS
Jun 14 2024 // Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), according to...
#17 Cyberattack Hits German Battery Maker Varta, Halts Production
Feb 14 2024 // German battery maker Varta AG was hit by a cyberattack Monday night that halted production in five of its production facilities, the company said. The company’s information technology systems “and thus also...
#18 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...
#19 Gallagher Acquires German Specialty Broker Köberich Financial Lines
Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed. Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...
#20 Germany to Approve Cannabis Bill This Week in Legalization Drive
Feb 20 2024 // German lawmakers will approve delayed legislation decriminalizing personal use of cannabis this week, paving the way for it to take effect on April 1, according to Health Minister Karl Lauterbach. The law, set to pass the...
