Deutsche Bank’s profits have plummeted by 92% in the fourth quarter of 2024, a result that has prompted CEO Christian Sewing to signal potential restructuring moves. As reported by the Financial Times,
Germany’s government is considering a major expansion of powers for its foreign intelligence service that would allow it to carry out sabotage, cyberattacks and other offensive operations overseas, according to a report
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Germany has rejected proposals to create a new multilateral defence bank, dealing a major setback to efforts aimed at establishing a global state-backed lender to accelerate European and NATO rearmament. The country’s
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Berlin police will be permitted to covertly enter private homes to install spyware after the city’s House of Representatives approved sweeping changes to police powers, marking one of the most expansive surveillance
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Germany’s ambitious PEGASUS program has moved from blueprints to reality, with the first of three advanced signals intelligence aircraft now undergoing flight testing in the United States. The jet, based on Bombardier’s
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Germany is set to purchase Rafael’s Spike anti-tank missiles in a €2 billion ($2.3 billion) deal, Haaretz has reported. The contract, executed through NATO’s procurement agency, was signed with EuroSpike, Rafael’s European
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Germany’s new foreign intelligence chief has labeled Russia a direct threat to the European Union, warning that the current “icy peace” between Moscow and the bloc could escalate into open conflict at
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Germany’s industrial legacy is under renewed scrutiny as Klaus-Michael Kuehne, the billionaire majority owner of logistics giant Kuehne + Nagel, faces questions over his company’s Nazi-era history. The Financial Times reports that
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Deutsche Bank (NYSE:DB) Chief Executive Officer Christian Sewing is facing a multimillion-pound lawsuit brought by former employees who claim that a flawed internal audit, overseen during his tenure as chief auditor, damaged
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The survival of Western democracies is at risk without fundamental reforms to Europe’s asylum framework, according to Hans-Jürgen Papier, Germany’s former president of the Federal Constitutional Court, The Times UK reports. Papier,
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German Chancellor Friedrich Merz has warned that the nation is facing a “structural crisis” rather than just a temporary economic slowdown, acknowledging that restoring growth has proven far more challenging than expected.
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