Germany chip plants: The EU approves Germany’s proposal to create a European TSMC. The German government will provide €5 billion in state aid to enable the creation of a new joint venture to produce semiconductors. It will be called ESMC

In Germany, Europe's biggest solar power plant, with a 605 megawatts (MW) capacity, went into operation. It is located on Lake Heiner in Witznitz, 25 km from Leipzig, and covers 500 hectares of the site of a former coal mine,

Vodafone Germany has joined forces with data collection company FlyNex to launch a platform to facilitate commercial drone flights. Dubbed DroNet Hub, the ‘simple all-in-one platform’ covers various stages before a drone takes off, including flight planning and organization, and

By Urvi Dugar (Reuters) - German battery maker Varta AG on Thursday said it would cut its full-year revenue forecast for 2024 due to the declining demand in the energy storage market. The German firm now expects revenue in the range of

By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) - Tesla has cut prices in a number of its major markets - including in China and Germany - after price cuts in the United States - as it grapples with

By Andreas Rinke BERLIN (Reuters) - An agreement on how artificial intelligence should be regulated in the future has been reached by Germany, France and Italy, according to a joint paper seen by Reuters, which is expected to accelerate negotiations at

By Thomas Escritt BERLIN (Reuters) - Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap with sector leaders China and

By Riham Alkousaa Chip shortage: BERLIN (Reuters) - Semiconductor shortages that have created bottlenecks for Germany's car industry will take years to resolve despite chipmakers' plans to build factories in the country, a senior Audi manager was quoted as saying on

By Linda Pasquini and Anna Mackenzie (Reuters) - German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook and said it eyed growth investments, after it swung to a profit in the first half of the year