Topic
germany
Business Germany’s security tech Giesecke+Devrient bets Rs 1,100cr on India, eyes acquisition
Giesecke+Devrient (G+D), the German security technology group, is investing Rs 1,100 crore in India in 2026, targeting digital infrastructure and localisation. The company is also looking at acquisition opportunities in fintech and digital security, as CEO Ralf Wintergerst highlights the 'cash paradox' where digital payments grow but cash remains resilient.
Technology German Court Rules Google Liable for False AI Overviews: A Global Precedent
The Munich Regional Court preliminarily ruled that Google is liable for false statements generated by its AI Overviews feature, marking a significant departure from traditional search engine protections. The court held that AI systems producing 'independent, new, and substantial statements' make the operator responsible, ordering Google to remove defamatory content and cover 80% of legal costs. The decision could set a precedent for AI liability globally.
Commodities Global Offshore Wind Capacity on Track to Quadruple to 420 GW by 2035
A new report from the Global Wind Energy Council (GWEC) forecasts that global offshore wind capacity will quadruple to 420 GW by 2035, driven by a 24% CAGR between 2026 and 2030. In 2025, over 9 GW were added, bringing cumulative capacity to 92.5 GW. China led with 6.6 GW of new installations, while Europe added 2 GW.
Business German Retailers Anticipate Modest World Cup Sales Boost
German retailers expect only a modest boost in sales from the World Cup, as the event is held outside Germany. A survey by HDE indicates that only a quarter of retailers are stocking World Cup-related products, with limited impact anticipated across sectors.
Logistics Heung-A Expands Fleet with Six New Chemical Tankers
South Korea's Heung-A Shipping has ordered up to six new chemical tankers from China's Wuchang Shipbuilding, marking a significant fleet expansion. This move reflects competitive pricing and strategic capacity growth in the chemical shipping sector.
Technology India and Germany Collaborate on Quantum and Space Tech
India and Germany are strengthening their partnership in quantum communication and space technology. The collaboration aims to leverage complementary strengths in these fields, enhancing innovation and research outcomes.
Commodities HAS Invests in Nano-Agriculture for Indian Farmers
Germany-based HAS is investing €1 million in India's nano-agriculture sector to introduce advanced nanotechnology solutions. This initiative aims to reduce chemical dependency and improve crop yields for Indian farmers.