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Reinsurance giant Munich Re aims for huge profits despite LA fires
Despite the devastating wildfires in California and the associated costs, executives at Munich RE, the world's largest reinsurer, are still expecting a massive increase...
US overtakes China as Germany’s largest trading partner
The United States last year pushed out China from the top spot among countries trading with Germany for the first time since 2016, according...
Porsche sees sales in China plunge 28% in 2024, dip 3% globally
German luxury carmaker Porsche on Monday reported a decline in global sales last year.Worldwide deliveries dropped by 3%, totalling some 310,700 vehicles, according to the...