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 …
german
German retail sales rise more than expected in October
(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 …
German GDP to expand in 2024, but court ruling could lower growth – OECD
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 …
German Man Admits Traveling to New Jersey to Engage in Sexual Activity with Minor
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, …
German National Flew to New Jersey to Meet Child in Hotel, She Was an Undercover FBI Agent
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 …
German cabinet to agree supplementary budget this afternoon – spokesperson
(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 …
German export sentiment improves in November – Ifo
(Reuters) – Sentiment among German exporters improved in November, although only a few sectors expected exports to increase, according to a survey by the Ifo …
German government, car industry to strategise on goal of 15 million EVs by 2030
BERLIN (Reuters) – German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday to discuss how Germany can …
German home prices to plunge further; no respite from surging rents
By Indradip Ghosh BENGALURU (Reuters) – German home prices will fall more than previously thought this year and next as high interest rates sap demand, …
OECD: German budget crisis could slow down EU economy
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 …
German court ruling could cost Intel billions of euros in subsidies – state minister
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 …
German industrial projects in steel, chips, batteries at risk from court ruling -sources
BERLIN (Reuters) – German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel …
German producer prices fall 11.0% y/y in October
BERLIN (Reuters) – German producer prices fell in line with expectations in October, the federal statistics office said on Monday, continuing a downward trend after …
German government’s court setback unlikely to impact EU fiscal rule reform
BRUSSELS (Reuters) – A German court ruling that forced Berlin to freeze 60 billion euros in planned green investment spending is unlikely to have much …
German economy to resume growth after 2023 contraction -EU Commission
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 …
German gloom highlights risks around Hungary’s recovery -survey
BUDAPEST (Reuters) – German companies in Hungary have turned more pessimistic about their business prospects than at any point since the 2009 financial crisis, a …
German economy, auto sector face risks from exposure to China, fund manager says
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, …
German union calls for strike at Deutsche Bank’s DB Direkt over wages
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 …
German investor morale improves more than expected in November – ZEW
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 …
German manufacturers almost back to pre-crisis supply situation – Ifo
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 …
German foreign minister, in Israel, says humanitarian crisis must be contained
FRANKFURT (Reuters) – German Foreign Minister Annalena Baerbock said on Saturday in Tel Aviv that the international community should focus on limiting the impact of …
German industrial output falls further than forecast in September
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 …
German service sector activity contracts in October – PMI
BERLIN (Reuters) – The German service sector slipped back into contraction in October amid persistent weakness in demand, a survey showed on Monday. The HCOB …
Wave of cancellations in German housing construction at new high -Ifo
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 …
Hamburg skyscraper construction halted in grim sign for German property sector
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 …
German wholesale prices fall for sixth month in a row
BERLIN (Reuters) – German wholesale prices fell for the sixth month in a row in September due to lower prices for mineral oil products, data …
German economy expected to shrink slightly in Q3 – econ ministry
BERLIN (Reuters) – Germany’s economy is seen as shrinking slightly in the third quarter as the global economic slowdown, money tightening and energy prices slow …
Tesla to offer German workers pay rise this year
BERLIN (Reuters) – Tesla said on Thursday it will offer a pay rise to workers at its German plant, where unions have said they earn …
German economy expected to contract 0.4% in 2023 – economy ministry
BERLIN (Reuters) – The German government expects the economy to shrink by 0.4% this year due to persistent inflation, high energy prices and weak international …
Tesla rejects union claims, reports of health and safety issues at German plant
BERLIN (Reuters) – Tesla on Tuesday rejected claims by a German union and recent media reports that health and safety provisions at its gigafactory near …
German president to meet CIA chief during surprise trip to Washington
BERLIN (Reuters) – German President Frank-Walter Steinmeier will meet Central Intelligence Agency Director William Burns on Friday during his surprise trip to Washington to hold …
Euro zone bond yields slip ahead of U.S. data
By Stefano Rebaudo and Harry Robertson (Reuters) – Euro zone borrowing costs broadly fell on Thursday, after a bond selloff paused the day before as …
German service sector activity edges up in Sept -PMI
BERLIN (Reuters) – Activity in Germany’s services sector edged up slightly in September, following a drop the month before, a survey showed on Wednesday. The …
German manufacturing stays mired in downturn in Sept – PMI
BERLIN (Reuters) – Germany’s manufacturing sector, which accounts for about a fifth of its economy, remained mired in a downturn in September on weak demand …
German regulator BaFin to send special monitor to Deutsche Bank – Handelsblatt
BERLIN (Reuters) – German financial regulator BaFin will send a special monitor to Deutsche Bank following problems at its Postbank unit, German daily Handelsblatt reported …
Elon Musk wades into German debate over migration
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – Billionaire Elon Musk waded into German politics on Friday, sharing the post of another account on …
German unemployment rises less than expected in September
By Maria Martinez BERLIN (Reuters) – German unemployment rose in September but less than expected, slowly showing the first cracks in what had been a …
German retail sales fall unexpectedly in August
BERLIN (Reuters) – German retail sales unexpectedly fell in August, as persistently high inflation took its toll on consumption in the euro zone’s largest economy. …
More German firms want to raise prices for first time in a year -Ifo
BERLIN (Reuters) – The number of companies in Germany planning to raise their prices rose for the first time in a year in September, a …
German import prices post biggest decline in almost 40 years
BERLIN (Reuters) – German import prices recorded in August the largest year-on-year decline since November 1986, the statistics office said on Friday. Import prices decreased …
German inflation falls to lowest level since start of Ukraine war
BERLIN (Reuters) -German inflation fell in September to its lowest level since Russia launched its full-scale invasion of Ukraine, signalling what could be the beginning …
German inflation likely to ease in September, key states indicate
BERLIN (Reuters) – German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what could …
German Chancellor says economy is facing cyclical downturn- Wirtschaftswoche
BERLIN (Reuters) – The cyclical weakness of the German economy shouldn’t be perceived as a structural problem, German Chancellor Olaf Scholz said on Thursday in …
German firms less willing to hire amid lacklustre economy -Ifo
BERLIN (Reuters) – German companies’ willingness to hire new staff took a hit in September, data from the Ifo Institute showed on Wednesday, underlining recession …
German consumer sentiment unlikely to recover this year -GfK
BERLIN (Reuters) – Sentiment among German consumers is set to fall in October, as persistently high inflation encourages people to save and blots out the …
Lack of momentum to weigh on German economic growth in 2024 – IMK institute
BERLIN (Reuters) – Germany’s economy will grow more slowly than previously expected next year due to a lack of positive momentum towards the end of …
‘There Are Two Faces To This Administration’: German Family Set To Be Deported By Biden Admin Speaks Out
‘There Are Two Faces To This Administration’: German Family Set To Be Deported By Biden Admin Speaks Out Harold Hutchison on September 25, 2023 German …
Shrinking German business activity points to Q3 contraction-PMI
BERLIN (Reuters) – German business activity fell for the third consecutive month in September due to a sustained decline in demand for goods and services, …
German producer prices post biggest decline on record
BERLIN (Reuters) -German producer prices posted their biggest year-on-year decline in August since data collection began in 1949, spurring hopes for further easing of inflation …
German economy to shrink in Q3: Bundesbank
FRANKFURT (Reuters) – The German economy is likely to shrink this quarter as industry is in recession and private consumption is adding little to growth, …