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VW Scraps Three-Decades-Old German Jobs Pledge to Cut Costs
Sep 10 2024 // Volkswagen AG is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions as the country’s most important industry fights for its future. The manufacturer...
Germany Cracks Down on China Green Fraud in Deepening Scandal
Sep 6 2024 // German authorities have rejected €18 million ($20 million) worth of carbon credits after finding “irregularities” in China-based projects that were meant to lower emissions. The initiatives, which were run by...
People Moves: Brit Names Guy Carpenter’s Stephenson to Lead Bermuda Expansion; HDI Global Taps Geis From Allianz as Managing Director for Germany
Sep 5 2024 // This edition of International People Moves details appointments at Brit Ltd. in Bermuda and HDI Global in Germany. A summary of these new hires follows here. Brit Names Guy Carpenter’s Stephenson to Lead Bermuda...
Cybercrime and Sabotage Cost German Firms $300 Billion in Past Year
Aug 28 2024 // Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year, up 29% on the year before, according to a survey published on Wednesday. Industry association...
Germany Is Europe’s Prime Target for Audacious ATM Bombings
Aug 12 2024 // In the early morning hours of May 6, 2023, an explosion occurred in a bank in the German town of Bad Homburg, sending shattered glass as far as 30 meters away. Two men had broken into the building and filled the ATM with...
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