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german

German manufacturers increasingly short of skilled workers – Ifo

August 16, 2022
German manufacturers increasingly short of skilled workers - ifo - photo licensed by shore news network.

BERLIN – German manufacturers of machinery and equipment are increasingly short of skilled workers, a constraint that adds to the shortages in materials and intermediate …

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German fighter jets en route to Australia as Berlin shifts focus to Indo-Pacific

August 15, 2022

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 …

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German finance minister draws up 14 billion eur relief plan – Spiegel

August 8, 2022
German finance minister draws up 14 billion eur relief plan - spiegel - photo licensed by shore news network.

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 …

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Exclusive: Deezer to begin German expansion using Brazil, France model – CEO

August 5, 2022
Exclusive: deezer to begin german expansion using brazil, france model - ceo - photo licensed by shore news network.

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 …

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German cabinet agrees to gas levy for consumers from October

August 4, 2022

BERLIN – Germany’s cabinet has agreed to introduce a planned levy on gas consumers from October to help suppliers hit by soaring gas import prices …

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German industrial orders slump less than expected

August 4, 2022
German industrial orders slump less than expected - photo licensed by shore news network.

BERLIN – German industrial orders posted a smaller-than-expected month-on-month drop in June, data showed on Thursday. Orders for industrial goods fell by 0.4% on the …

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Inflation, gas supply concerns end German services sector rebound -PMI

August 3, 2022
Inflation, gas supply concerns end german services sector rebound -pmi - photo licensed by shore news network.

BERLIN – Germany’s services sector saw its six-month expansion come to an end in July as higher prices and growing concerns over gas supplies put …

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Ukraine gets more U.S., German rocket launcher systems – minister

August 1, 2022
Ukraine gets more u. S. , german rocket launcher systems - minister - photo licensed by shore news network.

(Reuters) – Ukraine has received more German and U.S.-made multiple rocket launcher systems, part of a series of deliveries of the high-precision heavy weapons promised …

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German manufacturing sector contracts as new orders slump – PMI

August 1, 2022
German manufacturing sector contracts as new orders slump - pmi - photo licensed by shore news network.

BERLIN – Germany’s manufacturing sector contracted in July for the first time in over two years, hurt by a deepening slump in new orders that …

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Turkish, German ministers argue over policies in tense news conference

July 29, 2022
Turkish, german ministers argue over policies in tense news conference - photo licensed by shore news network.

ISTANBUL – Turkish and German foreign ministers argued over a range of issues in a tense and drawn-out news conference on Friday, trading barbs over …

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German unemployment rises in July as Ukrainian refugees look for work

July 29, 2022
German unemployment rises in july as ukrainian refugees look for work - photo licensed by shore news network.

BERLIN – German unemployment rose more than expected in July, Labour Office figures showed on Friday, as Ukrainian refugees looking for work in Germany are …

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German firms weigh options to save gas, warn may need to cut output

July 26, 2022
German firms weigh options to save gas, warn may need to cut output - photo licensed by shore news network.

By Victoria Waldersee and Riham Alkousaa BERLIN – German firms are attempting to reduce gas use in response to a government plea to spare reserves, …

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‘We’ll Be Busy With Popular Uprisings’: German Minister Makes Dire Remark About Energy Crisis

July 22, 2022
‘we’ll be busy with popular uprisings’: german minister makes dire remark about energy crisis - photo licensed by shore news network.

‘We’ll Be Busy With Popular Uprisings’: German Minister Makes Dire Remark About Energy Crisis Jack McEvoy on July 22, 2022 German Foreign Minister Annalena Baerbock …

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German gas rationing would hit metals, chemicals hardest -ZEW study

July 21, 2022
German gas rationing would hit metals, chemicals hardest -zew study - photo licensed by shore news network.

BERLIN – Gas rationing in Germany would impact the metal production and processing, chemical and paper industries most severely, according to a study on Thursday, …

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German consumer group files lawsuit against Tesla over privacy concerns, CO2 ads

July 19, 2022
German consumer group files lawsuit against tesla over privacy concerns, co2 ads - photo licensed by shore news network.

BERLIN – Germany’s largest consumer protection group vzbv has filed a lawsuit against Tesla in a Berlin court over alleged misleading advertising and data protection …

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Uniper: In contact with banks, German govt, with eye on financial stabilisation

July 18, 2022
Uniper: in contact with banks, german govt, with eye on financial stabilisation - photo licensed by shore news network.

BERLIN – Embattled German utility Uniper said it is in close contact with its banks and the German government with the goal of ensuring the …

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‘Fear has taken the wheel’: German investor morale nosedives in July

July 12, 2022

BERLIN -German investor sentiment plunged below levels at the outset of the coronavirus pandemic in July due to major energy concerns, supply bottlenecks and rate …

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Analysis:’Nobody’s perfect’: German economy, engine of Europe, splutters

July 8, 2022
Analysis:'nobody's perfect': german economy, engine of europe, splutters - photo licensed by shore news network.

By John O’Donnell and Tom Sims FRANKFURT – Long one of the globe’s economic stars, Germany is on a brink of a reversal of fortune …

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German antitrust watchdog subjects Amazon to stricter supervision rules

July 6, 2022
German antitrust watchdog subjects amazon to stricter supervision rules - photo licensed by shore news network.

BERLIN -Germany’s antitrust watchdog said on Wednesday that U.S. ecommerce giant Amazon’s position is of outstanding, cross-market importance for competition, a classification that allows the …

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Inflation turns 3% growth for German retail into 2% contraction – association

July 5, 2022

BERLIN – The German Retail Association left unchanged its forecast for the sector to grow 3% in nominal terms in 2022, but rising inflation meant …

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German bankers voice fears over economic impact of looming gas crisis

July 4, 2022
German bankers voice fears over economic impact of looming gas crisis - photo licensed by shore news network.

FRANKFURT – Top bankers in Germany voiced concerns on Monday about risks facing Europe’s largest economy as worries grow about a looming gas crisis. Germany, …

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German cartel office allows VW, Bosch to start automated driving cooperation

July 4, 2022
German cartel office allows vw, bosch to start automated driving cooperation - photo licensed by shore news network.

BERLIN – Volkswagen and Bosch may begin jointly developing automated driving technology, the German cartel office said on Monday, adding that it would continue to …

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Drop in demand weighs on German manufacturing, outlook darkens -PMI

July 1, 2022
Drop in demand weighs on german manufacturing, outlook darkens -pmi - photo licensed by shore news network.

BERLIN – A sharp fall in new orders weighed on German manufacturing activity in June, darkening the outlook for Europe’s largest economy, a survey showed …

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Volkswagen CEO says German economy needs China – Spiegel

June 30, 2022
Volkswagen ceo says german economy needs china - spiegel - photo licensed by shore news network.

BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media …

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German consumer sentiment plunges to new record low – GfK

June 28, 2022
German consumer sentiment plunges to new record low - gfk - photo licensed by shore news network.

BERLIN – German consumer sentiment is projected to fall to another record low in July, as the Ukraine war and interrupted supply chains push up …

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Germany to deploy temporary foreign workers to ease staff shortage at German airports – Bild

June 25, 2022
Germany to deploy temporary foreign workers to ease staff shortage at german airports - bild - photo licensed by shore news network.

BERLIN – Germany will allow the entry of foreign workers to fill staff shortages at the German airports as a temporary solution, Bild am Sonntag …

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German sugar maker Suedzucker to raise prices, shift to coal power -report

June 25, 2022
German sugar maker suedzucker to raise prices, shift to coal power -report - photo licensed by shore news network.

BERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to …

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German economy nervous, but no sign of recession for now – Ifo economist

June 24, 2022
German economy nervous, but no sign of recession for now - ifo economist - photo licensed by shore news network.

BERLIN – Angst is growing in the German economy, Europe’s largest, but as yet there are no signs of recession, Ifo economist Klaus Wohlrabe told …

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German economy minister warns of industry shutdown amid gas shortage -Spiegel

June 24, 2022
German economy minister warns of industry shutdown amid gas shortage -spiegel - photo licensed by shore news network.

BERLIN -Germany is heading for a gas shortage if Russian gas supplies remain as low as they are now, and certain industries would have to …

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German economy loses momentum at the end of Q2 – PMI

June 23, 2022
German economy loses momentum at the end of q2 - pmi - photo licensed by shore news network.

BERLIN – The German economy, Europe’s largest, suffered a sharp loss of momentum at the end of the second quarter, with falling exports acting as …

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German finance regulator orders audit of Adler’s 2021 annual report

June 22, 2022
German finance regulator orders audit of adler's 2021 annual report - photo licensed by shore news network.

BERLIN – German finance regulator Bafin on Wednesday said it had ordered an audit of Adler Real Estate’s approved 2021 consolidated financial statements and the …

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Union calls 24-hour warning strike from Thursday in German ports

June 22, 2022

BERLIN – German trade union ver.di called on several thousand employees at German ports to take part in a 24-hour warning strike from Thursday morning, …

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German union demands 9.5% pay rise for Lufthansa ground staff

June 22, 2022
German union demands 9. 5% pay rise for lufthansa ground staff - photo licensed by shore news network.

BERLIN -German trade union ver.di is demanding a 9.5% pay rise, or at least 350 euros ($368) per month more over 12 months, for Lufthansa …

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Tesla under pressure to boost wages to attract workers to German plant

June 21, 2022
Tesla under pressure to boost wages to attract workers to german plant - photo licensed by shore news network.

BERLIN – Electric carmaker Tesla is having to raise wages to attract employees to its new manufacturing plant outside Berlin, a top German union said, …

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German tax take soars, but war clouds outlook

June 20, 2022
German tax take soars, but war clouds outlook - photo licensed by shore news network.

BERLIN – Germany’s estimated tax take over the first five months of the year was 15.1% higher than last year, thanks partly to a strong …

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German investor morale improves in June though risks remain ahead

June 14, 2022
German investor morale improves in june though risks remain ahead - photo licensed by shore news network.

BERLIN – German investor sentiment rose slightly in June as financial market experts were less pessimistic about the economy, though it remained in negative territory …

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German finance minister warns of stagflation risk, pledges return to fiscal rigour

June 13, 2022
German finance minister warns of stagflation risk, pledges return to fiscal rigour - photo licensed by shore news network.

BERLIN – German Finance Minister Christian Lindner said there was a risk of a period of high inflation and low growth following Russia’s invasion of …

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German economy minister welcomes move to higher interest rates

June 13, 2022
German economy minister welcomes move to higher interest rates - photo licensed by shore news network.

BERLIN – German Economy Minister Robert Habeck on Monday welcomed the European Central Bank’s indication last week that it would deliver next month its first …

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German economy minister aims to tighten antitrust laws

June 12, 2022
German economy minister aims to tighten antitrust laws - photo licensed by shore news network.

FRANKFURT – German Economy Minister Robert Habeck plans to present concrete proposals to tighten the nation’s antitrust laws and give the Federal Cartel Office more …

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German industrial output rises smaller-than-expected 0.7% in April

June 8, 2022
German industrial output rises smaller-than-expected 0. 7% in april - photo licensed by shore news network.

BERLIN – German industrial production recovered but rose less than expected in April as pandemic restrictions and war in Ukraine disrupted supply chains, official data …

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Top producer Albemarle risks shutting German plant if EU declares lithium a hazard

June 7, 2022
Top producer albemarle risks shutting german plant if eu declares lithium a hazard - photo licensed by shore news network.

By Clara Denina and Pratima Desai LONDON – Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal …

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YouTube could be liable for unauthorised uploads if slow to act, German court rules

June 2, 2022
Youtube could be liable for unauthorised uploads if slow to act, german court rules - photo licensed by shore news network.

BERLIN – Google’s YouTube and other platforms could have to pay copyright damages over unauthorised uploads even if the content was put online by a …

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Backlogs, more staff help German factories against headwinds -PMI

June 1, 2022
Backlogs, more staff help german factories against headwinds -pmi - photo licensed by shore news network.

BERLIN – German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing and, in some cases, improved materials availability, but a further …

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German unemployment falls more than expected in May as pandemic curbs ease

May 31, 2022
German unemployment falls more than expected in may as pandemic curbs ease - photo licensed by shore news network.

BERLIN – German unemployment fell in May, Labour Office figures showed on Tuesday, as trade and services benefited from the end of pandemic restrictions in …

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German April import prices surge 31.7%

May 30, 2022
German april import prices surge 31. 7% - photo licensed by shore news network.

BERLIN – Driven by climbing energy prices, German import prices surged 31.7% in April compared to last year’s period, the strongest increase since September 1974, …

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EU unity on Russian sanctions ‘starting to crumble’, German minister says

May 29, 2022
Eu unity on russian sanctions 'starting to crumble', german minister says - photo licensed by shore news network.

BERLIN – German Economy Minister Robert Habeck on Sunday expressed fears that the European Union’s unity was “starting to crumble” ahead of a summit to …

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Analysis-Schroeder throws in towel as German industry clings on to Russian gas

May 26, 2022
Analysis-schroeder throws in towel as german industry clings on to russian gas - photo licensed by shore news network.

By John O’Donnell and Christoph Steitz FRANKFURT – Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a …

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German house price inflation to slow as borrowing and living costs bite – Reuters poll

May 26, 2022
German house price inflation to slow as borrowing and living costs bite - reuters poll - photo licensed by shore news network.

By Zuzanna Szymanska and Jonathan Cable BERLIN/LONDON – German home prices will rise faster this year than thought only three months ago, as a supply …

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German consumer morale inches up after falling to record low -GfK

May 25, 2022
German consumer morale inches up after falling to record low -gfk - photo licensed by shore news network.

BERLIN – German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the …

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Full cost of rebuilding Ukraine impossible to quantify, says German Finance Minister

May 24, 2022
Full cost of rebuilding ukraine impossible to quantify, says german finance minister - photo licensed by shore news network.

BERLIN – German Finance Minister Christian Lindner said on Tuesday it was impossible to say how much it would cost to rebuild Ukraine as long …

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