Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
German Court Postpones Key Case on YouTube Liability to Obtain EU Opinion
Sep 14 2018 // Germany’s highest court has postponed a decision on whether YouTube is liable for violations of intellectual property rights on its video platform in order to seek the opinion of European Union judges, a process...
Survey Finds Cyber Crimes Cost German Businesses $50 Billion
Sep 14 2018 // Two thirds of Germany’s manufacturers have been hit by cyber-crime attacks, costing industry in Europe’s largest economy some 43 billion euros ($50 billion), according to a survey published by Germany’s...
German Consumer Agency to Seek Damages Against Volkswagen Over Diesel Tests
Sep 12 2018 // Volkswagen will face another class action lawsuit over its rigging of diesel emissions tests, this time at home when Germany introduces a new law in November. State-financed consumer protection organization vzbv said on...
German Officials Worried About Foreign ‘Cyber Bombs’ Against Companies
Sep 6 2018 // A growing number of countries can hack into private computer networks and install malicious software to sabotage another country’s infrastructure, Germany’s domestic spy chief said on Tuesday. China, Russia and...
Germany Echoes UK Concerns over Post-Brexit Risk to Insurance, Derivative Contracts
Aug 30 2018 // European Union and U.K. authorities must agree on a political solution to the threat Brexit poses to trillions of dollars in derivatives and insurance contracts, according to Germany’s top financial regulator. Felix...
Germany Wildfire Southwest of Berlin Detonates Buried WWII Ammunition
Aug 27 2018 // Firefighters struggled Friday to tame a wildfire southwest of Berlin but had to maneuver carefully as the blaze set off old World War II ammunition that is still buried in the forests around the German capital. Flames...
Alcohol in Any Amount Found Unsafe; Linked to 3 Million Deaths a Year: Global Study
Aug 26 2018 // A new scientific study concludes there is no safe level of drinking alcohol. The study shows that in 2016, nearly 3 million deaths globally were attributed to alcohol use, including 12 percent of deaths in males between...
S. Korean BMW Owners Asked Not to Drive Until Fire Risk Inspections Completed
Aug 15 2018 // South Korea’s government will tell owners of some BMW AG cars in the country to keep the vehicles off the roads until the German carmaker completes safety checks to address a defect after reports of nearly 40 cases...
Markel’s New German Insurer Rated ‘A’ by A.M. Best
Jul 27 2018 // Markel Corp. announced that its newly licensed German insurance company, Markel Insurance SE (MISE), has been given an “A” financial strength rating by A.M. Best. MISE has been established to meet the insurance...
Chinese Acquisitions of High-Tech Firms Pose Security Risk: German Spy Chief
Jul 25 2018 // Chancellor Angela Merkel’s top counterintelligence official said Chinese acquisitions of high-tech companies in Germany represent a potential national-security threat. The head of Germany’s top domestic...
Markel Licensed to Form Insurer in Germany, Securing Post-Brexit EU Access
Jul 20 2018 // Markel Corp. announced it has been granted a license by the German federal financial supervisory authority, BaFin, to establish an insurance company in Germany. Following Brexit, the United Kingdom’s exit from the...
Munich Re CFO Schneider to Retire, Succeeded by ERGO’s Jurecka
Jul 17 2018 // Munich Re’s Chief Financial Officer Jörg Schneider, who turns 60 this year, will retire from the Munich Re board of management at his own request on Dec. 31, 2018. The Supervisory Board of Munich Re has appointed...
German Heirs Can Access Deceased Relatives’ Facebook Accounts: Court
Jul 13 2018 // Heirs in Germany have the right to access the Facebook accounts of their deceased relatives, a court said in a landmark privacy ruling on Thursday, saying a social media account can be inherited in the same way as...
Generali Agrees to Sell German Life Unit, Valued at $1.2B, to Viridium
Jul 5 2018 // Assicurazioni Generali SpA agreed to sell almost 90 percent of its German Generali Leben unit to a company owned by Cinven Ltd. and Hannover Re in a deal that values the business at about 1 billion euros ($1.2...
Generali Likely to Start Exclusive Talks to Sell German Life Book to Viridium: Source
Jun 28 2018 // Italy’s Generali is expected to start exclusive talks shortly over the potential sale of its 40 billion euro ($48 billion) German life insurance portfolio to private equity-backed Viridium, a person close to the...
Flying Cars Soon to Be Tested in Germany
Jun 22 2018 // Germany, land of the no-holds-barred Autobahn, is pushing the next level of transportation: flying cars. Chancellor Angela Merkel’s government signed a letter of intent with executives from Volkswagen’s Audi...
With Ambitions to Expand (and Disrupt Allianz), German Insurer DFV Weighs IPO
Jun 21 2018 // With ambitions to challenge insurance giants like Allianz SE, newcomer Deutsche Familienversicherung AG [DFV] needs 100 million euros ($116 million) in fresh funds to finance its expansion plan. An initial public offering...
CEO of VW’s Audi Arrested in Germany over Emissions Cheating Scandal
Jun 18 2018 // German authorities arrested the head of Volkswagen’s luxury arm Audi on Monday, the most senior company official so far to be detained over the carmaker’s emissions test cheating scandal. Munich prosecutors,...
Germany Moves Toward U.S.-Style Class-Actions, Benefiting VW Diesel Car Litigants
Jun 15 2018 // Germany will allow interest groups to sue on behalf of consumers, taking a tentative step toward U.S.-style class-action lawsuits in a bid to make it easier to collect damages from big companies in the aftermath of...
Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL
Jun 12 2018 // A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as...
