Tag: Munich
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German insurer Allianz predicts more hacks on supply chains
German insurer Allianz issued a warning on Wednesday that companies already facing supply chain bottlenecks could in addition be targeted by hackers seeking ransom.
Producers...
Rummenigge calls for Financial Fair Play 3.0 with clear sanctions
Former Bayern Munich chairman Karl-Heinz Rummenigge has called for a revised Financial Fair Play (FFP) scheme with clear sanctions in order to tackle overspending...
New and used car prices in Germany rising due to chip shortage
An international microchip shortage is not only affecting car production, but is also making itself felt in the wallets of new and used car...
Ongoing chip shortage is costing car industry billions
Car makers are likely to lose a total of 210 billion dollars in revenues this year, due to the global shortage of microchips and...
German economic growth forecast reduced by 0.8 percentage points
One of Germany's leading economic research institutes, ifo, has substantially lowered its growth forecast for the German economy.
This year, economic output is expected to...
