German Dejesuromero booked for robbery and weapons possession in Ocean County
Ocean County officials have confirmed the arrest of 5-foot-5, 200-pound German Dejesuromero, who was booked into the county jail on August 11. The 34-year-old Hispanic man, is accused of committing robbery involving…
Explainer-West mulls sending German Leopard 2 tanks to Ukraine
BERLIN (Reuters) – German Chancellor Olaf Scholz is under pressure to approve an increase in international military support for Kyiv by allowing the export of Leopard 2 battle tanks to Ukraine. Germany…
German wholesale prices rise in December but at slower pace
BERLIN (Reuters) – Germany’s wholesale price index rose in December compared with the same month last year although at a slower pace than in previous months, according to data released on Monday.…
Repaired German Leopard tanks for Ukraine ready in 2024 at earliest, armsmaker says
BERLIN (Reuters) -German armsmaker Rheinmetall could deliver repaired Leopard 2 battle tanks to Ukraine in 2024 at the earliest and would need a confirmed order to begin repairs, its chief executive was…
More than half of German companies report labour shortages
BERLIN (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on Thursday, in…
German industry is losing green energy race, autos association warns
BERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as an industrial player, the president of German autos association VDA warned on…
German chancellor meets auto, battery bosses in ‘mobility’ summit
By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt met the German chancellor and cabinet ministers on Tuesday to discuss topics from European…
German gas storage operators optimistic for next winter
BERLIN (Reuters) – German gas storage operators expressed optimism on Tuesday that there will not be supply problems next winter due to declining consumption and said there is no chance of shortage…
German regulator identifies 5,000 km to aid green power switch
FRANKFURT (Reuters) – Germany’s federal network agency on Monday said it had identified 5,000 kilometres (3,107 miles) of its network for upgrades, which will be central to plans to accelerate the shift…
Around 40% of German companies expect output decline in 2023 – IW institute
BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on Monday, blaming high energy costs, supply chain…
German industrial orders fall more than expected in November
BERLIN (Reuters) -German industrial orders saw their sharpest drop in more than a year in November on falling foreign demand, decreasing by 5.3% on the month on a seasonally and calendar adjusted…
German retail sales rise 1.1% m/m in November
BERLIN (Reuters) – German retail sales rose in November, increasing by 1.1% compared with the previous month, data showed on Friday. Analysts polled by Reuters had forecast a 1.0% rise inprice-adjusted terms.…
German exports unexpectedly fall in November
BERLIN (Reuters) -German exports unexpectedly fell in November as high inflation and market uncertainty continue to weigh on Europe’s largest economy despite fading supply chain problems. Exports fell by 0.3% on the…
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in activity adds to hopes of a milder-than-expected…
German unemployment falls in December
BERLIN (Reuters) – German unemployment fell in December, Labour Office figures showed on Tuesday, with the labour market overall being only moderately affected by the war in Ukraine last year. The Federal…
Material shortages ease further for German manufacturers – Ifo
BERLIN (Reuters) – Material shortages eased further in Germany’s manufacturing sector towards the end of the year, according to a survey by the Ifo economic institute published on Tuesday. In December, 50.7%…
German minister reignites coalition row with call to review nuclear exit
BERLIN (Reuters) – Germany’s transport minister called for an expert committee to examine whether the lifespan of the country’s nuclear plants should be extended, reopening a row within Chancellor Olaf Scholz’s coalition.…
Fading supply problems ease downturn in German manufacturing -PMI
BERLIN (Reuters) – Fading supply chain problems helped ease the downturn in Germany’s manufacturing sector in December, although weaker demand continues to weigh on sentiment, a survey showed on Monday. S&P Global’s…
High inflation here to stay for coming months, says German industry
BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of 2% will only become feasible by the middle of the decade, the…
German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices making U.S. buyers cautious, the Federation…
German companies plan to invest more in Africa in 2023
By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% planning to…
Nearly three in five German industry associations foresee gloomy 2023
BERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies to produce less as high energy prices due to the war in…
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and in some cases exaggerate them, the head of the council of economists…
EU should put Twitter under direct supervision after missteps: German official
By Christian Kraemer and Matthias Williams BERLIN (Reuters) -A senior German official said on Thursday Twitter should join other tech firms in being directly monitored by the European Commission, saying the company’s…
Fortum concludes sale of Uniper to German government
HELSINKI (Reuters) – Finland’s Fortum said on Wednesday it had concluded the sale of its stake in utility Uniper to the German State. The German government in late September agreed to take…
German employment outlook for Q1 2023 is positive – Ifo
BERLIN (Reuters) – The outlook for employment in Germany, Europe’s largest economy, is positive for the first quarter of next year, the Ifo economic institute said on Wednesday. German unemployment rose in…
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