The Rhine River has been a reliable shipping lane for centuries, helping spawn industrial giants along its banks. But those days are coming to an end, and the scramble is made all the more urgent as Germany’s government fails to …
Working from home during the pandemic cost German companies some 53 billion euros ($62 billion) worth of damages from cyber attacks, according to estimates by the Cologne Institute for Economic Research. Overall damages hit a record 224 billion euros last …
The U.K.’s exit from the European Union will be a watershed moment for the City of London and weaken its role as one of the world’s leading financial centers, Bundesbank Executive Board member Joachim Wuermeling said on Thursday. Speaking in …
Ever since robots emerged from the pages of science-fiction novels into the real world, humans have feared being usurped in the workplace. That worry may be more fictional than scientific. A recent study by the VDMA Robotics and Automation Association …
Shares of European insurers fell after the European Central Bank decided to extend its quantitative easing program until at least March 2017 and broaden the range of assets purchased. The decision is “disappointing” because bond purchases by the ECB will …
Allianz SE, Europe’s largest insurer, aims to generate an additional 6.5 billion euros ($6.9 billion) in annual premiums as the company focuses on its most profitable businesses. Allianz wants to achieve annual earnings per share growth of 5 percent on …
