German manufacturing downturn eased in November – PMI
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector, which accounts for about a fifth of the country’s economy, eased in November, a survey showed on Friday. The HCOB final…
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector, which accounts for about a fifth of the country’s economy, eased in November, a survey showed on Friday. The HCOB final…
(Reuters) – German retail sales rose more than expected in October, increasing by 1.1% compared with the previous month, data showed on Thursday. Analysts polled by Reuters had predicted a…
BERLIN (Reuters) – The German economy is projected to grow by 0.6% in 2024 and 1.2% in 2025, after contracting slightly in 2023, according to forecasts from the Organisation for…
NEWARK, N.J. – A German man today admitted traveling from Germany to New Jersey in order to engage in illicit sex acts with a minor, U.S. Attorney Philip R. Sellinger…
NEWARK, NJ — Christian Stefan Walther, a 39-year-old man from Erfurt, Germany, pleaded guilty to charges related to his intent to engage in illicit sexual acts with minors in New…
(Reuters) – Germany’s cabinet is expected to agree a supplementary 2023 budget this afternoon, a government spokesperson said on Monday. The cabinet will also try to present a 2024 budget…
(Reuters) – Sentiment among German exporters improved in November, although only a few sectors expected exports to increase, according to a survey by the Ifo economic institute released on Monday.…
BERLIN (Reuters) – German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday to discuss how Germany can meet its target of 15…
By Indradip Ghosh BENGALURU (Reuters) – German home prices will fall more than previously thought this year and next as high interest rates sap demand, according to analysts in a…
BERLIN (Reuters) – The Organisation for Economic Cooperation and Development (OECD) warned on Thursday that Germany’s budget crisis, which has called into question billions of euros in planned spending, could…
BERLIN (Reuters) – The negative court ruling on German finances last week could cost Intel billions of euros in subsidies for planned chip-making plants in the state of Saxony-Anhalt, the…
BERLIN (Reuters) – German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel production, and expanding the battery…
BERLIN (Reuters) – German producer prices fell in line with expectations in October, the federal statistics office said on Monday, continuing a downward trend after a record fall in September.…
BRUSSELS (Reuters) – A German court ruling that forced Berlin to freeze 60 billion euros in planned green investment spending is unlikely to have much impact on the reform of…
BERLIN (Reuters) – The German economy is expected to shrink by 0.3% this year, as a loss in purchasing power due to high inflation and the tightening of financing conditions…
BUDAPEST (Reuters) – German companies in Hungary have turned more pessimistic about their business prospects than at any point since the 2009 financial crisis, a survey by Hungary’s largest foreign…
By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe’s top economy, the country’s second-largest fund manager said, singling out the market for…
BERLIN (Reuters) – Germany’s Verdi union has called on workers at Deutsche Bank’s DB Direkt GmbH subsidiary to go on a one day strike on Wednesday, it said, raising pressure…
BERLIN (Reuters) -German investor morale improved more than expected in November, entering positive territory for the first time since April, the ZEW economic research institute said on Tuesday. The institute’s…
BERLIN (Reuters) – Material shortages in Germany’s manufacturing sector have eased significantly, with the supply situation almost back to pre-crisis level, the Ifo economic institute said on Monday. In October,…
FRANKFURT (Reuters) – German Foreign Minister Annalena Baerbock said on Saturday in Tel Aviv that the international community should focus on limiting the impact of military operations in Gaza on…
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in September, data showed on Tuesday, as a recent slump in incoming orders took its toll on production.…
BERLIN (Reuters) – The German service sector slipped back into contraction in October amid persistent weakness in demand, a survey showed on Monday. The HCOB final services Purchasing Managers’ Index…
BERLIN (Reuters) – Germany’s residential construction sector was again hit by a wave of cancellations in October, according to a survey published on Monday that showed a record number of…
By Tom Sims FRANKFURT (Reuters) – Construction of one of Germany’s tallest buildings has suddenly halted midway after the developer stopped paying its builder, yet another ominous sign for the…