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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 economic weakness belies France’s outperformance
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 the euro zone’s second-biggest economy, economists say.…
German wholesale prices continue downward trend in August
BERLIN (Reuters) – German wholesale prices fell for the fifth month in a row in August due to lower prices for mineral oil products, data from the federal statistics office showed on…
German economy faces meagre growth in medium term – IfW
BERLIN (Reuters) – Growth prospects for the German economy will remain meagre in the medium term, the Kiel Institute for the World Economy (IfW) said on Friday. The production potential of the…
German economy expected to contract by 0.4% in 2023 – DIW
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 quarter. Germany’s economy is now expected to…
German service sector activity shrinks in Aug for first time in 2023 -PMI
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 services Purchasing Managers’ Index (PMI) fell to…
German unemployment rises more than expected in August
By Maria Martinez BERLIN (Reuters) – German unemployment rose more than expected in August, showing the first cracks in what had been until now a very resilient labour market. The Federal Labour…
Data show inflation rising in some German states
BERLIN (Reuters) – Inflation rose in four of six key German states in August, according to data released on Wednesday, casting doubt on a continuation of a national downward trend. Economists surveyed…
German July import prices post sharpest decrease since 1987
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 Wednesday, mainly due to a base effect…
German consumer morale to fall in September -GfK
BERLIN (Reuters) – German consumer sentiment is expected to fall in September, due to declining income expectations and propensity to buy, a GfK institute survey showed on Tuesday. The institute’s consumer sentiment…
German opposition leader rules out working with far-right AFD
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 don’t work with the AfD,” Merz, who…
German business sentiment worsens further in August – Ifo
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 Ifo institute said its business climate index…
Close to half of German companies face a shortage of trainees -survey
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 Germany like other industrialised countries grapples with…
Tesla’s German plant lowers production target amid slower output – Business Insider
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 in March, and plans to reduce it…
German business activity suffers steepest decline since May 2020-flash PMI
BERLIN (Reuters) – German business activity contracted at the fastest pace for more than three years in August, a preliminary survey showed on Wednesday. The HCOB German Flash Composite Purchasing Managers’ Index…
Downturn in German housing construction worsens in July – Ifo
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 of companies complaining about dwindling orders in…
Munich developer insolvent in latest blow to German property sector
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 the latest sign of stress in Germany’s…
Analysis-China’s importance to German exporters on the wane
BERLIN (Reuters) – China is losing importance as a market for German exporters, with data showing a steady decline in its share of total exports, a trend set to continue as Berlin…
German exports stagnate in June amid weak demand from abroad
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 office showed on Thursday. A Reuters poll…
Li-Cycle starts battery recycling operations at German plant
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 of the company’s rapid expansion into the…
‘Ugly figures’ as German manufacturing slumps in July -PMI
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 orders, factory gate prices and output in…
German inflation to ease slightly in July – state data
BERLIN (Reuters) – German inflation looks set to ease slightly in July, data from four economically key German states indicated. Compared with the same month last year, July inflation rates in Saxony,…
TotalEnergies defends price paid for German offshore wind lease
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 industry criticism, CEO Patrick Pouyanne said on…
German consumer morale to stabilize in August -GfK
BERLIN (Reuters) – German consumer sentiment is expected to stabilize in August, after a slight decrease the month before, as households’ hopes for falling inflation have led to significantly brighter income expectations,…
German IPO candidates hope for post-summer debuts
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 economic growth, as at least four initial…
German tax revenues drop sharply in June – Finance Minister
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 measures to compensate for inflation and a…
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