Olaf Scholz

German Chancellor Olaf Scholz will be in the U.S. on Friday to meet U.S. President Joe Biden to discuss the Ukraine war. What Happened: The two leaders will hold confidential talks at the White House about the war in Ukraine amid concerns that Xi Jinping may provide lethal aid to Vladimir Putin,...

Amid reports that Vladimir Putin is allegedly negotiating with Xi Jinping to purchase 100 “kamikaze drones,” German Chancellor Olaf Scholz urged Beijing not to arm Russia. What Happened: Scholz, on Thursday, said his message to Beijing remains clear that the administration should work...

The German government blocked potential Chinese investment in two domestic chipmaking companies over national security concerns and the flow of sensitive technological know-how to Beijing.  What Happened: Germany on Wednesday had vetoed the takeover of the chip factory of Elmos by Chinese...

German Chancellor Olaf Scholz dubbed Russian President Vladimir Putin’s invasion of Ukraine an act of "imperialism plain and simple" at the United Nations General Assembly in New York City on Tuesday. What Happened: Scholz said that Putin will only give up his war and his “...

German bank Deutsche Bank AG (NYSE: DB) has suffered three consecutive years of losses and the company's head office was raided by German police officers in late November in connection with a money laundering investigation. As one of the country's most important financial institutions...