German

Keppel DC Reit divests German data centre for 50 million euros
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the real estate investment trust’s (Reit) manager said...
Nanofilm acquires 2 German companies for 3.1 million euros
Nanofilm acquires 2 German companies for 3.1 million euros
The proposed acquisition aims to accelerate the group’s business expansion in EuropeNANOFILM Technologies’ wholly owned subsidiary, Nanofilm AM Germany, is acquiring two German companies for 3.1 million euros (S$4.3...
German IT Market Set to Grow $31.3 Billion by 2028 | TechRepublic
The IT market in Germany is estimated to grow by $31.3 USD by 2028, a new report has found. This equates to an annual growth rate of almost 4.07%,...
Taleb A: Saudi Arabian Doctor Who Crashed Into German Christian Market Killing Four Is Anti-Islamist Who Fled His Country in 2016
The Saudi Arabian doctor arrested for the horrific and deadly car attack at a Christmas market in Germany has been identified as an anti-Islam activist, according to reports. The...
CVC in talks to take German software firm CompuGroup private
CVC in talks to take German software firm CompuGroup private
CVC Capital Partners is in advanced talks about a deal to take CompuGroup Medical SE & Co KGaA, a German software provider to the healthcare sector, private.Koblenz-based CompuGroup is...
German auto supplier Bosch to reduce hours for 450 employees due to tough economy
German auto supplier Bosch to reduce hours for 450 employees due to tough economy
GERMAN auto parts supplier Robert Bosch will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring, citing the difficult economic situation, a company...
German chemicals giant Bayer cuts key target amid weedkiller woes
German chemicals giant Bayer cuts key target amid weedkiller woes
GERMAN chemicals giant Bayer cut its forecast for 2024 operating earnings on Tuesday (Nov 12), after a poor performance in its agrochemicals division hit quarterly profits. The group reported...
German parts maker Schaeffler to cut 4,700 jobs on auto woes
German parts maker Schaeffler to cut 4,700 jobs on auto woes
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other German carmakers ripples through their supply chains.About 2,800 of...
Tesla increases wages for staff at German gigafactory by 4%
Tesla increases wages for staff at German gigafactory by 4%
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US electric carmaker said on...
German banks start to cut US office loan exposure that caused bond turmoil
German banks start to cut US office loan exposure that caused bond turmoil
German banks are cutting legacy US office loan exposure after concerns about commercial real estate (CRE) losses led to a plunge in bond and equity prices in February.Deutsche Bank...