Lilium to Build 400 Air Taxis a Year, Seek Grants
The German air taxi developer Lilium Air Mobility is planning to build industrial capacity to make around 400 of its electrically powered Lilium Jet flying...
Tag : Germany
German Producer Prices Register Record Jump in August
In August, German producer prices surged at their strongest rate since the same month last year. This was primarily driven by surging energy prices, raising...
Mercedes-Benz to Develop Wind Farm in Northwestern Germany
Mercedes-Benz plans to develop a wind farm in Lower Saxony, the northwestern state of Germany, by 2025. It is expected to produce a hundred megawatts...
To Resolve Refinery Crisis, Germany Seizes Rosneft’s Oil Assets from Russia
The Russian oil company Rosneft’s local activities will be taken over by the German government, further dividing the two nations due to Russia’s invasion of...
Germany to Seize Oil Assets of Russia’s Rosneft to End Refinery Crisis
The German government is likely to take over the local operations of the Russian oil company Rosneft. With this, the rupture between the two countries...
European Stocks Fall Sharply
On increased concerns worldwide recession may be caused by aggressive monetary tightening, European stock markets fell substantially down on Friday.By 03:55 ET (07:55 GMT), the...
Infosys to Acquire Denmark-based BASE Life Science for 110 Mn Euros
Infosys is the IT Software company planning to acquire Denmark-based digital services, and BASE life science is the consulting firm for 110 million euros in...
Germany to Change Constitution to Enable $110 Billion Defence Fund
Germany has agreed to amend its constitution to allow for a credit-based special defence fund of €100 billion ($107.35 billion) proposed after Russia invades Ukraine,...
Europe Visit Comes Amid Challenges: PM Modi
Prime Minister Narendra Modi plans to visit Europe for the first time on the continent since the war starts between Russia-Ukraine. On 2nd May 022,...
Boeing & Airbus Helicopters Sign MoU to Partner on H-47 Chinook
Boeing and Airbus Helicopters have signed a Memorandum of Understanding (MoU) to partner on the H-47 Chinook to support Germany’s heavy-lift helicopter needs. The partnership...