Porsche to Maintain Dividend Despite Higher Costs

The Volkswagen luxury sports car subsidiary Porsche plans to keep its dividend at last year’s level despite higher costs linked to efforts to improve profitability. The German car manufacturer said that, pending final approval from the supervisory board, it would propose maintaining the dividend at approximately the same level at the annual general meeting.For 2023,…

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OpenAI to Open First German Office in Munich

Californian Artificial Intelligence start-up OpenAI, the company behind ChatGPT, announced on Thursday that it would open its first office in Germany, located in Munich. Germany is one of the world’s leading countries in terms of AI usage, according to OpenAI.Munich already hosts the German headquarters of US tech giants such as Apple, Microsoft and Intel….

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Germany Imports More LNG Through North Sea Terminals Than Baltic Sea

BERLIN – Germany’s liquefied natural gas (LNG) import terminals on the North Sea operated at about 65% capacity in 2024, according to the state-owned Deutsche Energy Terminal. The floating terminals are located in the northern German cities of Wilhelmshaven and Brunsbüttel.Meanwhile, private operator Deutsche ReGas, responsible for two floating terminals on the Baltic Sea, has…

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Protesters Slam German Police Conduct at Rally Against Far-Right AfD

Berlin, Germany – The organizers of a protest against Germany’s far-right Alternative for Germany (AfD) party have criticized the behaviour of the police left-wing politician who says he was knocked unconscious. “The police’s approach was scandalous,” said Mascha Meier, a spokeswoman for the Widersetzen alliance, the organizer of a mass protest against the far-right party…

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