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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…
German companies look at offshore production as energy prices rocket
By Riham Alkousaa, John O’Donnell and Patricia Weiss BERLIN (Reuters) – Germany’s 200 billion euro ($197 billion) energy aid package will provide limited relief for businesses and is unlikely to dissuade companies…
German retail sales, industrial output fall as inflation tightens grip
BERLIN (Reuters) – Data on Friday showed inflation’s tightening stranglehold on the German economy, with a surge in import prices and falls in industrial output and retail sales adding to signs that…
German retail sales dip more than forecast in August
BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data showed on Friday. Analysts polled by Reuters had forecast a 1.1% dip…
German industrial output declines in August
BERLIN (Reuters) – German industrial production contracted in August, official data showed on Friday, as supply bottlenecks remain due to ongoing pandemic-related distortions and the war in Ukraine. Industrial output fell by…
Apollo names former German regulator chief as senior adviser
FRANKFURT (Reuters) -Global investor Apollo has appointed the former president of Germany’s financial regulator, Felix Hufeld, as a senior adviser, he confirmed on Wednesday. Hufeld, a prominent figure in German finance who…
German services sector weakens in Sept slightly more than initial estimate -PMI
BERLIN (Reuters) – Germany’s services sector shrank in September slightly more than initially expected as inflation and growing uncertainty hit demand, a survey showed on Wednesday, adding to signs that Europe’s biggest…
More German companies plan to raise prices – Ifo
BERLIN (Reuters) – An increasing number of German companies are planning to raise their prices, the Ifo economic institute said on Wednesday, adding that this likely meant inflation was not about to…
EU industry chief says will review 200-billion-euro German package
By Foo Yun Chee BRUSSELS (Reuters) – Germany’s 200 billion euro ($196 billion) plan to protect companies and households from soaring energy prices will be scrutinised by the European Commission, EU industry…
German court rejects investors’ damages claims against Porsche SE
BERLIN (Reuters) -A German court on Friday rejected claims by investors for billions of euros in damages over a failed attempt by Porsche SE to take over Volkswagen. Porsche SE’s Oct. 2008…
German unemployment rises in September as Ukrainian refugees enter system
BERLIN (Reuters) – German unemployment rose in September, Labour Office figures showed on Friday, as Ukrainian refugees continue to enter the system. The Federal Labour Office said the number of people out…
German EU-harmonised consumer prices up 10.9% in September
BERLIN (Reuters) – German consumer prices, harmonised to compare with other European countries, were up 10.9% on the year and rose by 2.2% month-on-month in September, preliminary data from the Federal Statistics…
German economic institutes see 2023 contraction as gas crisis hits
BERLIN (Reuters) – Four leading German economic institutes have almost halved their spring economic growth forecast for Europe’s largest economy this year and slashed their 2023 projection to -0.4% from 3.1%, they…
German Authorities Fear Nord Stream Pipelines May Be Permanently Unusable Following Sabotage
German Authorities Fear Nord Stream Pipelines May Be Permanently Unusable Following Sabotage Jack McEvoy on September 28, 2022 German security officials believe that both Nord Stream 1 and 2 could be…
Euro zone yields at fresh multi-year highs, German real yield in positive territory
(Reuters) – Euro zone yields hit fresh multi-year highs on Wednesday, and Germany’s real yield rose above zero for the first time since 2015, on expectations of monetary tightening and concerns a…
Turkey summons German envoy after politician likens Erdogan to ‘sewer rat’
ANKARA (Reuters) – Turkey’s foreign ministry summoned the German ambassador to Ankara on Tuesday to protest over comments made by a senior German politician who likened President Tayyip Erdogan to a “little…
Ukraine refugees push German population to all-time high
BERLIN (Reuters) – Refugees arriving from Ukraine have helped drive Germany’s population to its highest level, the Federal Statistical Office said, with more than 84 million people now living in the European…
Third of German auto firms steering towards liquidity problems – Sueddeutsche
BERLIN (Reuters) – Soaring energy prices are costing Germany investments in the key automotive sector, where a growing number of companies are facing liquidity shortages, the head of the VDA industry association…
Sentiment among German exporters at its lowest since May 2020
BERLIN (Reuters) – Sentiment among German exporters fell in September to its lowest since the early stages of the COVID-19 pandemic as the slowing global economy dampens any expectations of growth in…
German chancellor Scholz contracts coronavirus, has mild cold symptoms
BERLIN (Reuters) -German Chancellor Olaf Scholz has tested positive for coronavirus and is showing mild symptoms of a cold, a government spokesperson said on Monday. Scholz is isolating in the federal chancellery.…
German economy facing recession, Ifo surveys head says
BERLIN (Reuters) – The German economy is facing recession and almost all sectors are in the red, the Ifo surveys head Klaus Wohlrabe told Reuters on Monday. Energy intensive industries are particularly…
German minister call for more funds for companies as debt debate intensifies
By Riham Alkousaa and Klaus Lauer BERLIN (Reuters) – The German economy minister on Thursday called for more government funds to support companies as a debate intensifies on whether Berlin should suspend…
German tax revenues fall in August for first time this year
BERLIN (Reuters) – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first time this year, the finance ministry said on Thursday. In its monthly report,…
German president urges Mexico to stand against Russian invasion
MEXICO CITY (Reuters) – German President Frank-Walter Steinmeier on Tuesday urged the Mexican government to stand with Europe in opposing the Russian invasion of Ukraine, invoking the spirit of one of Mexico’s…
Tesla’s German battery plant and land extension on track – mayor
BERLIN (Reuters) – Tesla has confirmed to the mayor of Gruenheide that its plans to operate the battery plant currently under construction in Germany are unchanged, mayor Arne Cristiani told Reuters on…
Moscow’s military reserves may be smaller than initially assumed – German defence minister
By Sabine Siebold and Sarah Marsh BERLIN (Reuters) – Russia has suffered significant troop and equipment losses in Ukraine and the impact of Kyiv’s latest counter-offensive may reveal Moscow’s military reserves to…
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