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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 investor morale slips on energy supply fears – ZEW
BERLIN (Reuters) -German investor sentiment fell further than expected in September as concerns over the country’s energy supply increasingly weigh on the outlook for Europe’s largest economy. The ZEW economic research institute…
Stora Enso sells paper mill to German Lidl owner Schwarz Group
HELSINKI (Reuters) – Finnish forestry group Stora Enso said on Tuesday it would sell its Maxau paper production site in Germany to Schwarz Group, the owner of discount supermarket chains Lidl GB…
German economy could contract in H2 – economy ministry report
BERLIN (Reuters) – Germany’s outlook has “dramatically worsened” and the economy could stagnate or contract in the second half of the year, an economy ministry report said on Tuesday. A rising number…
German authority’s probe finds ‘abnormalities’ in Tesla autopilot – WirtschaftsWoche
BERLIN (Reuters) – Germany’s federal motor transport authority KBA has found “abnormalities” during its investigation focused on Tesla’s autopilot function, reported WirtschaftsWoche business weekly, citing a KBA spokesperson. While some of the…
JPMorgan interested in German market for possible retail market expansion
FRANKFURT (Reuters) – JPMorgan sees Germany as an “interesting market” for a possible expansion of its consumer business but no decision has yet been made, an executive said on Thursday. Stefan Behr,…
German finance minister damps speculation of sale Commerzbank stake
FRANKFURT (Reuters) – German finance minister Christian Lindner on Thursday sought to damp speculation about the government’s stake in Commerzbank that it acquired during a bailout more than a decade ago. Lindner,…
‘Technically Unfeasible’: German Nuclear Operator Admits Government Plan Makes No Sense
‘Technically Unfeasible’: German Nuclear Operator Admits Government Plan Makes No Sense Jack McEvoy on September 7, 2022 The operator of a German nuclear power plant, PreussenElektra, rejected the government’s plan to send…
E.ON casts doubt on German plan to keep nuclear plants on standby
BERLIN (Reuters) – Germany’s plans to delay the closure of two nuclear plants were thrown into confusion on Wednesday, with the operator of one saying the request to keep it on standby…
German businessman on private jet that crashed in Baltic
By Janis Laizans RIGA (Reuters) -A prominent German businessman was aboard the private jet that crashed into the Baltic Sea off Latvia after flying half way across Europe from Spain without responding…
German services sector stumbles as soaring inflation hits confidence – PMI
BERLIN (Reuters) – Germany’s services sector contracted for a second month running in August as domestic demand came under pressure from soaring inflation and faltering confidence, a survey showed on Monday. S&P…
German autos association sees lower passenger car deliveries in U.S., Europe
BERLIN (Reuters) – German autos association VDA dampened its forecast for the passenger car market in the United States and Europe on Thursday, citing inflation, interest rates and ongoing supply chain troubles.…
Inflation angst grips German consumers as blues ease in France
By Leigh Thomas PARIS (Reuters) – Consumer morale in the euro zone’s two biggest economies diverged starkly in August as French consumers benefited from fresh government measures while concerns over rising energy…
German exporters pinched by 70-billion-euro price squeeze – DIHK
By Rene Wagner BERLIN (Reuters) – German exporters are in an “extreme price squeeze” and incurred extra costs of 70 billion euros ($69 billion) this year due to soaring producer and import…
War hit to German economy will last years -economist
BERLIN (Reuters) – The economic impact on Germany of Russia’s invasion of Ukraine will last years, influential economist Marcel Fratzscher of the German Institute for Economic Research told Reuters, adding that it…
German recession increasingly likely, Bundesbank says
FRANKFURT (Reuters) – A recession in Germany, the euro zone’s biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at more than 10% this autumn, the Bundesbank…
German exports beyond the EU slump in July
BERLIN (Reuters) – German exports beyond the European Union fell by 7.6% on the month in July, the Federal Statistics Office said on Monday, marking a weak start to the second half…
German dependence on China growing ‘at tremendous pace’, research shows
By Klaus Lauer BERLIN (Reuters) – The German economy became more dependent on China in the first half of 2022, with direct investment and its trade deficit reaching new heights, despite political…
Analysis: 100 banks, 1,000 suspects: German fraud probe puts Scholz on the spot
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – German chancellor Olaf Scholz faces lawmakers’ questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into…
German troops back to Bosnia as fear of instability grows
By Sabine Siebold and Daria Sito-Sucic BERLIN (Reuters) -Germany has deployed troops with the European Union’s peacekeeping mission in Bosnia for the first time in a decade as concerns mount instability from…
German troops spot Russian forces in Mali as French pull out – document
BERLIN (Reuters) – German troops spotted several dozen presumably Russian security forces at Gao airport in northern Mali on Monday, the day the last French soldiers wrapped up their operations and left…
German driver jailed for life for 2020 pedestrian zone killings
TRIER, Germany (Reuters) – A German court on Tuesday sentenced a 52-year-old man to life in prison for killing five people, including a baby, by driving a speeding car into a pedestrian…
German manufacturers increasingly short of skilled workers – Ifo
BERLIN – German manufacturers of machinery and equipment are increasingly short of skilled workers, a constraint that adds to the shortages in materials and intermediate goods that they are also suffering, the…
German fighter jets en route to Australia as Berlin shifts focus to Indo-Pacific
BERLIN – Germany is sending 13 military aircraft to joint exercises in Australia, the air force’s largest peacetime deployment, underlining Berlin’s increased focus on the Indo-Pacific amid rising tensions with China in…
German finance minister draws up 14 billion eur relief plan – Spiegel
BERLIN – German Finance Minister Christian Lindner plans a 10.1 billion euro ($10.29 billion) relief package to help taxpayers in 2023 which he is set to present next week, the Spiegel news…
Exclusive: Deezer to begin German expansion using Brazil, France model – CEO
By Steven Grattan SAO PAULO – French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion plans with…
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