MUNICH, GERMANY - The heating plant in Munich's southern Sendling neighborhood has been run for more than a century on gas, often imported from far away. But increasingly, it is the hot waters from deep underground the station that provide the energy. Tacked on to the side of the original 19th-century...

Despite the milestone, spending on energy transition technology must immediately triple to meet the target of net-zero emissions by 2050 to combat climate change, according to research group BloombergNEF. Investment in sectors such as renewables, nuclear, zero-emission vehicles or recycling projects totaled $1.1 trillion last year, matching spending on fossil...

While China's easing of coronavirus restrictions paves the way for a faster-than-expected recovery, the rise in central bank rates to fight inflation and Russia's war in Ukraine continue to weigh on economic activity, the Washington-based crisis lender said in its report. But "adverse risks have moderated" since October's forecast, the...

Baghdad, Iraq - Iraq's Minister of Electricity, Ziyad Ali Fadel said the national grid has lost 7,500 megawatts in the past days due to curtailed Iranian gas imports which led to a decline in processing hours. He said the memorandum of understanding signed with the German company Siemens will lead...

The US auto giant will cut 3,200 jobs in the European country.

The EU has already imposed sanctions on more than 60 Iranian officials and entities over the crackdown on protestors, including the "morality police", Revolutionary Guard Corps commanders and state media. But the 27-nation bloc has so far stopped short of blacklisting the Revolutionary Guards themselves as a terror group despite...

Prosecutors from Germany, France and Luxembourg have been in Beirut as part of the money laundering investigation. 

The rhetoric has shifted from talk of a recession in the 20-nation club to "a small contraction", she said, with some major economies like Germany possibly dodging a contraction altogether.

Despite pressure on him to authorize delivery of tanks to Ukraine, German Chancellor Olaf Scholz pledged support to the war-scarred country for "as long as necessary". Germany's allies in Europe have implored the country to agree to the export of Leopard heavy tanks to help Ukraine repel Russia's invasion.

European investigators began questioning high-profile witnesses in Lebanon as part of a probe into central bank governor Riad Salameh's wealth, a judicial official said. The long-serving central bank chief is among top officials widely blamed for Lebanon's unprecedented economic crisis, dubbed one of the worst globally in recent modern history...

Baghdad, Iraq-- The head of the Federation of Iraqi Chambers of Commerce - FICC, Abdul Razzaq Al-Zuhairi, called on the government to move towards German companies in the field of construction and infrastructure development, while stressing that Iraq needs to develop trade relations with Germany. Iraqi News Agency reported that...

BAGHDAD, IRAQ - Iraq's Prime Minister Mohammad Shia al-Sudani left Thursday for Berlin to meet with German Chancellor Olaf Scholz and discuss projects to address chronic power shortages, the premier's office said. Despite its oil riches, Iraq is beset by crumbling infrastructure, endemic corruption and decades of war. Dependent on its...

Sales last year advanced eight percent to a record 6,021 cars.

RIYADH, SAUDI ARABIA - Saudi Arabia's first female international referee was appointed by FIFA on Thursday, less than a year after the conservative kingdom's national women's team made their debut. Anoud Al-Asmari's international badge is the latest in a series of steps in football by the Saudis, who have got 37-year-old...

The setback comes despite a record 4.7 percent drop in energy consumption last year, partly in response to soaring fuel prices because of the war in Ukraine. But the energy saving gains were wiped out by the government's decision to burn more coal and oil to make up for the...

Russia's President Vladimir Putin said he was "an eminent religious and state figure, a convinced defender of traditional Christian values".

Former pope Benedict XVI has died at the age of 95, the Vatican announced almost a decade after he became the first pontiff to resign in six centuries. His death brings to an end an unprecedented situation in which - Benedict and his successor Pope Francis - had co-existed in...

Paris-born activist and philanthropist Osman Kavala was sentenced to life in jail without the possibility of parole in April on the charge of trying to topple the government by financing street protests in 2013. Seven others were jailed for 18 years each for aiding the attempt to overthrow the government...

Upon the approval of the European Commission, the Berlin government this week completed a 34.5 billion euro ($36.55 billion) bailout for Uniper.

A survey undertaken in Germany has revealed that consumers are heading into 2023 feeling upbeat as government interventions take some of the sting out of soaring energy costs. Pollster GfK said its forward-looking survey of around 2,000 people inched up by 2.3 points to reach minus 37.8 points for January.

Algiers, Algeria-- Sonatrach of Algeria and VNG AG of Germany have signed a memorandum of understanding for the construction of the first green hydrogen plant in the North African country. The MoU was signed on the sidelines of the fourth Algerian-German Energy Day in Algiers. The deal was signed between...

Germany plans to open four more government-funded LNG terminals over the next few months as well as a private terminal in the port of Lubmin.

“The UAE is Germany's most important trading partner in the region, with German exports to the UAE totalling US$8.4 billion in 2021. And for the year 2022 [first 9 months], Germany's imports from the UAE increased 67 percent year-on-year, already reaching US$1.3 billion,” adds Alexander Schönfelder.

Ifo's positive outlook came a day after a closely watched survey showed German investor confidence rising again in December.

Several EU leaders including Macron have said the US subsidies are enticing European companies to relocate to the United States.

A day after summoning German envoy, Iran called in the British ambassador to lodge protest as demonstrations shake the country. During the last three months, the envoys from Western countries have been summoned fifteen times as Iran believes protests have been encouraged by its foreign foes.

Russian forces have missed most of their key military goals since February, raising fears that the battlefield stalemate could see Russia resort to its nuclear arsenal to achieve a breakthrough.

Around 3,000 officers including elite anti-terror units took part in the early morning raids and searched more than 130 properties, in what German media described as one of the country's largest police actions ever against extremists.

Europe's biggest economy, with its low birth rate, is crying out for labour, and many Tunisians, exhausted by years of economic crisis, see an opportunity.

BERLIN, GERMANY - The German government aims to put a stop to energy price hikes it sees as unjustified with planned gas and electricity price controls, Deutsche Presse-Agentur (dpa) reported Saturday. Price increases are to be prohibited until the end of 2023 - unless the supplier can prove "that the...

Al Khor, Qatar---Germany crashed out of the World Cup at the group stage for the second time in succession despite a 4-2 win against Costa Rica on Thursday. The four-time World Cup winners came into the match needing a win but were also relying on the result of Japan's game...

The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France, Germany, Greece and Spain. Over 600 people participated in the scheme, "believed to be the biggest VAT carousel fraud ever investigated in the EU," according to the European Public Prosecutor's...

BERLIN, GERMANY - Russian missile strikes on energy infrastructure in Ukraine constituted a "war crime", German Justice Minister Marco Buschmann said Tuesday after hosting talks with his G7 counterparts. A Russian campaign of missile strikes has severely damaged Ukraine's energy infrastructure and plunged millions into darkness as the country endures...

QatarEnergy's partner, US firm ConocoPhillips, will supply the gas from Qatar's North Field East and South projects from 2026 to the Brunsbuttel LNG terminal being developed in northern Germany, said Saad Sherida al-Kaabi, Qatar's energy minister and CEO of QatarEnergy.

Gross domestic product grew "despite difficult general conditions in the global economy such as the continuing Covid-19 pandemic, delivery bottlenecks, continuing price rises and the war in Ukraine," it said. A separate survey on Friday showed that German consumer confidence has edged up again following a long period of decline,...

Lufthansa had 108,000 employees at the end of September.

The deal "marks the longest gas supply agreement in the history of the LNG industry", said Saad Sherida Al-Kaabi, Qatar's energy minister and QatarEnergy's chief executive.

England, Germany and five other European teams at the World Cup on Monday abandoned plans to wear a rainbow-themed armband in support of LGBTQ rights. Under FIFA rules, players wearing kit that is not authorized by football's world governing body could be shown a yellow card.

Swedish officials confirmed the September blasts which destroyed sections of the Nord Stream pipelines carrying natural gas from Russia to Germany under the Baltic Sea were acts of sabotage. "The analyses found traces of explosives on several foreign objects" found at the sites, prosecutor Mats Ljungqvist said.

Firm posts FY 2021-22 net profits of around US$4.6 billion.

In an interview with AFP, Qatar's Labor Minister Ali bin Samikh Al Marri said "racism" was behind the onslaught on his country's record. "They don't want to allow a small country, an Arab country, an Islamic country, to organize the World Cup," he said.

The G77+China block of more than 130 developing nations called in a position paper for a special fund "for assisting developing countries in meeting their costs of addressing non-economic and economic loss and damage" caused by extreme weather disasters and rising sea levels.

The UN Human Rights Council said it would hold an urgent session on Iran, with backers pushing for a global probe into the deadly crackdown on mass protests rocking the country. The UN's highest rights body said a special session on "the deteriorating human rights situation" in Iran would be...

SHARM EL SHEIKH, EGYPT - United Nations officers running security at the COP27 climate summit in Egypt said Monday they are probing allegations of surveillance and misconduct by Egyptian police towards delegates. Participants at COP27 - including activists, rights defenders and civil society groups - have raised cases of "surveillance"...

Even as serious rights violations -- including corruption, human trafficking, racism and discrimination -- persist across Europe and US, Western world opts to focus on Qatar.

Designed as a punishment for the government of Iran, the EU will likely adopt new sanctions against the Islamic republic next week over its deadly crackdown on protests in the country. The German foreign minister said that the bloc will not let up and that "it stands with the men...

Fears have been growing in Europe's economic powerhouse about an over-reliance on Beijing, and letting critical infrastructure fall into the hands of Chinese state-linked companies. In particular, the microchip industry has come under scrutiny, as it produces key components used across industry.

Offshore wind can be deployed at large scale, in short timeframes and at competitive cost, GOWA said in a statement. Other nations joining Tuesday were Belgium, Colombia, Ireland, Norway and the Netherlands.

Strong performance of the firm's agrochemicals division helped.

The German government's human rights commissioner, Luise Amtsberg, urged summit host Egypt to release jailed dissident Alaa Abdel Fattah, currently on hunger strike, and his lawyer Mohamed al-Baqer. Fattah's relatives have said he could die as he is due to stop drinking fluids from Sunday, the opening day of COP27.