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german

German home building permits plunge as industry calls for stimulus

September 18, 2023
German home building permits plunge as industry calls for stimulus - photo licensed by shore news network.

FRANKFURT (Reuters) -Building permits for apartments in Germany fell 31.5% in July from a year earlier, the statistics office disclosed on Monday, highlighting a slump …

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No decision on EIB presidency expected this week – German Finance Minister

September 15, 2023
No decision on eib presidency expected this week - german finance minister - photo licensed by shore news network.

SANTIAGO DE COMPOSTELA (Reuters) – German Finance Minister Christian Lindner said at the informal EU finance ministers meeting on Friday that a decision is not …

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German autos production under growing threat from China – IW study

September 15, 2023September 15, 2023
German autos production under growing threat from china - iw study - photo licensed by shore news network.

By Reinhard Becker and Sarah Marsh BERLIN (Reuters) – Imports of Chinese vehicles and parts to Germany jumped 75% in the first half of the …

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26-Year-Old Taylor German Identified as Victim in Laurel Homicide

September 13, 2023
26-year-old taylor german identified as victim in laurel homicide - photo licensed by shore news network.

LAUREL, DE – Delaware State Police have identified Taylor German, 26, of Laurel, Delaware, as the victim in a homicide that occurred on September 10. …

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German economic weakness belies France’s outperformance

September 12, 2023
German economic weakness belies france's outperformance - photo licensed by shore news network.

By Leigh Thomas PARIS (Reuters) – Germany’s economic weakness is casting a flattering light on France’s relative resilience that belies the otherwise middling performance of …

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German wholesale prices continue downward trend in August

September 12, 2023
German wholesale prices continue downward trend in august - photo licensed by shore news network.

BERLIN (Reuters) – German wholesale prices fell for the fifth month in a row in August due to lower prices for mineral oil products, data …

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German economy faces meagre growth in medium term – IfW

September 8, 2023September 8, 2023
German economy faces meagre growth in medium term - ifw - photo licensed by shore news network.

BERLIN (Reuters) – Growth prospects for the German economy will remain meagre in the medium term, the Kiel Institute for the World Economy (IfW) said …

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German economy expected to contract by 0.4% in 2023 – DIW

September 8, 2023
German economy expected to contract by 0. 4% in 2023 - diw - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s DIW economic research institute slightly lowered its 2023 forecast for the German economy on Friday due to a surprisingly weak second …

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German service sector activity shrinks in Aug for first time in 2023 -PMI

September 5, 2023September 5, 2023
German service sector activity shrinks in aug for first time in 2023 -pmi - photo licensed by shore news network.

BERLIN (Reuters) – Activity in Germany’s services sector contracted in August for the first time this year, a survey showed on Tuesday. The HCOB final …

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German unemployment rises more than expected in August

August 31, 2023
German unemployment rises more than expected in august - photo licensed by shore news network.

By Maria Martinez BERLIN (Reuters) – German unemployment rose more than expected in August, showing the first cracks in what had been until now a …

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Data show inflation rising in some German states

August 30, 2023
Data show inflation rising in some german states - photo licensed by shore news network.

BERLIN (Reuters) – Inflation rose in four of six key German states in August, according to data released on Wednesday, casting doubt on a continuation …

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German July import prices post sharpest decrease since 1987

August 30, 2023
German july import prices post sharpest decrease since 1987 - photo licensed by shore news network.

BERLIN (Reuters) – German import prices decreased by 13.2% year on year in July, the sharpest drop since January 1987, the statistics office said on …

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German consumer morale to fall in September -GfK

August 29, 2023August 29, 2023
German consumer morale to fall in september -gfk - photo licensed by shore news network.

BERLIN (Reuters) – German consumer sentiment is expected to fall in September, due to declining income expectations and propensity to buy, a GfK institute survey …

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German opposition leader rules out working with far-right AFD

August 27, 2023August 27, 2023
German opposition leader rules out working with far-right afd - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s main opposition leader, Friedrich Merz, on Sunday ruled out cooperation of any kind with far-right party Alternative for Germany (AfD) “We …

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German business sentiment worsens further in August – Ifo

August 25, 2023
German business sentiment worsens further in august - ifo - photo licensed by shore news network.

BERLIN (Reuters) -German business morale deteriorated more than expected in August, falling for the fourth month in a row, a survey showed on Friday. The …

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Close to half of German companies face a shortage of trainees -survey

August 23, 2023August 23, 2023

BERLIN (Reuters) -A growing number of German companies are facing a shortage of trainees, the DIHK Chambers of Commerce and Industry said on Wednesday, as …

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Tesla’s German plant lowers production target amid slower output – Business Insider

August 23, 2023
Tesla's german plant lowers production target amid slower output - business insider - photo licensed by shore news network.

BERLIN (Reuters) – Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week …

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German business activity suffers steepest decline since May 2020-flash PMI

August 23, 2023
German business activity suffers steepest decline since may 2020-flash pmi - photo licensed by shore news network.

BERLIN (Reuters) – German business activity contracted at the fastest pace for more than three years in August, a preliminary survey showed on Wednesday. The …

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Downturn in German housing construction worsens in July – Ifo

August 21, 2023August 21, 2023
Downturn in german housing construction worsens in july - ifo - photo licensed by shore news network.

BERLIN (Reuters) – The downturn in Germany’s residential construction sector intensified in July, according to a survey published on Monday, which showed a record number …

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Munich developer insolvent in latest blow to German property sector

August 11, 2023
Munich developer insolvent in latest blow to german property sector - photo licensed by shore news network.

By Tom Sims FRANKFURT (Reuters) – A Munich-based property developer said on Friday it had filed to open insolvency proceedings with a local court, in …

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Analysis-China’s importance to German exporters on the wane

August 4, 2023
Analysis-china's importance to german exporters on the wane - photo licensed by shore news network.

BERLIN (Reuters) – China is losing importance as a market for German exporters, with data showing a steady decline in its share of total exports, …

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German exports stagnate in June amid weak demand from abroad

August 3, 2023August 3, 2023
German exports stagnate in june amid weak demand from abroad - photo licensed by shore news network.

BERLIN (Reuters) – German exports stagnated in June, with a smaller than expected rise of 0.1% over the previous month, data from the federal statistics …

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Li-Cycle starts battery recycling operations at German plant

August 1, 2023
Li-cycle starts battery recycling operations at german plant - photo licensed by shore news network.

By Ernest Scheyder (Reuters) – Li-Cycle said on Tuesday it has started operations at its German plant to break down electric-vehicle batteries for recycling, part …

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‘Ugly figures’ as German manufacturing slumps in July -PMI

August 1, 2023August 1, 2023
'ugly figures' as german manufacturing slumps in july -pmi - photo licensed by shore news network.

BERLIN (Reuters) – The downturn in Germany’s manufacturing sector deepened at the start of the third quarter as goods producers recorded sharper declines in new …

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German inflation to ease slightly in July – state data

July 28, 2023July 28, 2023
German inflation to ease slightly in july - state data - photo licensed by shore news network.

BERLIN (Reuters) – German inflation looks set to ease slightly in July, data from four economically key German states indicated. Compared with the same month …

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TotalEnergies defends price paid for German offshore wind lease

July 27, 2023
Totalenergies defends price paid for german offshore wind lease - photo licensed by shore news network.

By America Hernandez PARIS (Reuters) – French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month, despite …

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German consumer morale to stabilize in August -GfK

July 27, 2023
German consumer morale to stabilize in august -gfk - photo licensed by shore news network.

BERLIN (Reuters) – German consumer sentiment is expected to stabilize in August, after a slight decrease the month before, as households’ hopes for falling inflation …

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German IPO candidates hope for post-summer debuts

July 26, 2023
German ipo candidates hope for post-summer debuts - photo licensed by shore news network.

By Pablo Mayo Cerqueiro and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Hopes have mounted for a revival in stock listings in Germany despite signs of faltering …

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German tax revenues drop sharply in June – Finance Minister

July 19, 2023July 19, 2023
German tax revenues drop sharply in june - finance minister - photo licensed by shore news network.

BERLIN (Reuters) – Tax revenues of Germany’s federal and regional state governments fell by 7.3% in June compared with the previous year, reflecting tax relief …

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German union calls for better staffing at Tesla plant amid expansion plans

July 17, 2023
German union calls for better staffing at tesla plant amid expansion plans - photo licensed by shore news network.

FRANKFURT (Reuters) – Germany’s top union IG Metall on Monday called for Tesla to improve staffing conditions at its German gigafactory as it prepares to …

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German economy may contract slightly in 2023 – IMF

July 17, 2023
German economy may contract slightly in 2023 - imf - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s economic output may shrink slightly this year due to the energy price shock and tightening financial conditions, the International Monetary Fund …

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German economy may disappoint as sentiment worsens – Bundesbank

July 17, 2023
German economy may disappoint as sentiment worsens - bundesbank - photo licensed by shore news network.

FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce in the …

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Explainer-How big oil won the bidding for German offshore wind sites

July 13, 2023July 13, 2023
Explainer-how big oil won the bidding for german offshore wind sites - photo licensed by shore news network.

By Vera Eckert and Susanna Twidale FRANKFURT/LONDON (Reuters) – Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in …

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German inflation bucks downward trend in June

July 11, 2023
German inflation bucks downward trend in june - photo licensed by shore news network.

BERLIN (Reuters) – German inflation rose in June, interrupting a steady decline since the start of the year. German consumer prices, harmonised to compare with …

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German economy faces uphill climb as industrial output falls

July 7, 2023July 7, 2023
German economy faces uphill climb as industrial output falls - photo licensed by shore news network.

BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall in industrial production. Output fell …

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German services sector loses some shine as growth slows -PMI

July 5, 2023
German services sector loses some shine as growth slows -pmi - photo licensed by shore news network.

BERLIN (Reuters) – Growth in Germany’s services sector slowed in June amid signs a recent resurgence in demand was losing steam, a survey showed on …

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German firm sees U.S. getting lion’s share of 100 billion euro military fund

July 4, 2023
German firm sees u. S. Getting lion's share of 100 billion euro military fund - photo licensed by shore news network.

By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up to modernize the German military …

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German alternative Mastodon gets boost from newly restricted Twitter

July 3, 2023July 3, 2023
German alternative mastodon gets boost from newly restricted twitter - photo licensed by shore news network.

BERLIN (Reuters) – Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity …

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German manufacturing shrinks in June as demand weakens-PMI

July 3, 2023July 3, 2023
German manufacturing shrinks in june as demand weakens-pmi - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in more than three years in June, with both output and new orders falling, …

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Ford finds international investor for German plant in Saarlouis

June 30, 2023
Ford finds international investor for german plant in saarlouis - photo licensed by shore news network.

HAMBURG (Reuters) – Ford has found what it described as a major international investor for the U.S. carmaker’s German plant in Saarlouis and has signed …

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Energy crisis and inflation push more German firms into insolvency – study

June 29, 2023
Energy crisis and inflation push more german firms into insolvency - study - photo licensed by shore news network.

(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than …

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Domingo German pitches perfect game for Yankees

August 30, 2023June 29, 2023
Domingo german pitches perfect game for yankees - photo licensed by shore news network.

Fans who showed up for the Oakland A’s game against the New York Yankees got a treat few in baseball have witnessed firsthand. Only 12,479 …

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Inflation up in German states, pointing to national rise

June 29, 2023June 29, 2023
Inflation up in german states, pointing to national rise - photo licensed by shore news network.

BERLIN (Reuters) – Inflation rose in five economically important German states in the month of June, preliminary data showed on Thursday, suggesting a bumpy road …

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German recession to end in Q2 with slight GDP rise – Bundesbank

June 26, 2023June 26, 2023
German recession to end in q2 with slight gdp rise - bundesbank - photo licensed by shore news network.

BERLIN (Reuters) – Recession in Germany is expected to end in the spring quarter, the Bundesbank said in its monthly report on Monday, adding that …

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German unions criticise possible Deutsche Bank job cuts

June 23, 2023
German unions criticise possible deutsche bank job cuts - photo licensed by shore news network.

FRANKFURT (Reuters) – Deutsche Bank’s reported plans for possible job cuts at its German retail operations were roundly criticised by a union on Friday, foreshadowing …

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German services sector growth eases in June, manufacturing slumps -flash PMI

June 23, 2023June 23, 2023
German services sector growth eases in june, manufacturing slumps -flash pmi - photo licensed by shore news network.

BERLIN (Reuters) – German business activity slowed notably this month as growth in the services sector decelerated and a slump in manufacturing deepened, a preliminary …

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German vice chancellor cuts investment guarantees for China by $5.5 billion -Spiegel

June 22, 2023June 22, 2023
German vice chancellor cuts investment guarantees for china by $5. 5 billion -spiegel - photo licensed by shore news network.

FRANKFURT (Reuters) – Germany’s vice chancellor and economics minister, Robert Habeck, has reduced liability for investments by German companies in China by around five billion …

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Brexit an ‘economic disaster’ for UK and German trade – DIHK

June 22, 2023
Brexit an 'economic disaster' for uk and german trade - dihk - photo licensed by shore news network.

BERLIN (Reuters) – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in …

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Bundesbank sees German economy shrinking this year

June 16, 2023
Bundesbank sees german economy shrinking this year - photo licensed by shore news network.

FRANKFURT (Reuters) – The German economy, Europe’s biggest, will shrink this year and inflation will stay above 2% at least through 2025, the Bundesbank said …

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Intel near deal on 9.9 billion euro German government subsidy, Handelsblatt says

June 15, 2023
Intel near deal on 9. 9 billion euro german government subsidy, handelsblatt says - photo licensed by shore news network.

(Reuters) – Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up …

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