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BMW brushes off fear of trade war with US

EU MEMBER STATES Theodoros Benakis -
BMW believes that even in case of tariffs hike from newly-elected US President Donald Trump the company is well positioned to not be impacted...

German prosecutors close investigation probe against Russian-Uzbek billionaire Usmanov

GERMANY Theodoros Benakis -
German prosecutors in Frankfurt have closed a money-laundering investigation against Russian-Uzbek billionaire Alisher Usmanov failing to establish the facts of the crimes attributed to...

IKEA to compensate former East German prisoners for forced labour

EU MEMBER STATES Theodoros Benakis -
Ikea Germany is to give six million euros to a proposed welfare fund as voluntary compensation to victims of the former Communist East German...

German news broadcaster backtracks on fencing corruption accusations against sanctioned billionaire Alisher Usmanov

EU MEMBER STATES Theodoros Benakis -
The Uzbek-born Forbes list veteran has been surprisingly successful at challenging media claims that made him a target of EU sanctions. Faulty reports appear...

Germany looks to Indian market in bid to ease reliance on China

ASIA Theodoros Benakis -
Germany's Chancellor Olaf Scholz heads to New Delhi this week with a delegation that looks to expand trade with India's burgeoning economy. Trade with...
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