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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 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 acts with minors in New Jersey, U.S.…
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 to present a 2024 budget by the…
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 economic institute released on Monday. The institute’s…
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 meet its target of 15 million electric…
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, according to analysts in a Reuters poll…
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 euros in planned spending, could hamper the…
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 the state of Saxony-Anhalt, the state economy…
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 production, and expanding the battery supply chain,…
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 a record fall in September. Compared with…
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 impact on the reform of EU fiscal…
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 the tightening of financing conditions are weighing…
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 survey by Hungary’s largest foreign investor group…
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, singling out the market for electric vehicles…
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 Wednesday, it said, raising pressure in wage…
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 said on Tuesday. The institute’s economic sentiment…
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 said on Monday. In October, 18.2% of…
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 military operations in Gaza on the civilian…
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 took its toll on production. Production fell…
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 final services Purchasing Managers’ Index (PMI) fell…
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 showed a record number of firms reporting…
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 another ominous sign for the nation’s troubled…
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 from the federal statistics office showed on…
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 its expected recovery, the economy ministry said…
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 below the industry average. The U.S. electric…
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 trade, the economy ministry said on Wednesday,…
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