Browsing Category
Economy / Finance
3236 posts
FlixBoss Rules Out Leading German Rail
Andre Schwämmlein, co-founder and CEO of mobility provider Flix, has stated he will not be pursuing the position…
Farmers Fear EU-US Trade Deal Impact
European farming organizations have voiced concerns regarding the potential ramifications of a recently proposed trade deal between the…
Powell Signals Rate Cuts Boosting US Stocks
U.S. equity markets experienced significant gains Friday, with the Dow Jones Industrial Average closing at 45,632 points, representing…
German DAX Gains Commerzbank Lags Behind
European markets experienced a positive close to the week, with Germany’s DAX index finishing at 24,363 points –…
German Economy Shrinks More Than Expected
Germany’s Gross Domestic Product (GDP) decreased by 0.3 percent in the second quarter of 2025 compared to the…
German Economy Faces Stagnation This Year
Following a sharper-than-initially-estimated contraction in the German economy during the second quarter, economic advisor Veronika Grimm has expressed…
Germany Well Prepared For Winter Gas Supply
Germany appears well-prepared for the upcoming winter gas supply, according to Timm Kehler, Managing Director of the German…
Foreign Workers Boost Cologne Job Numbers
The number of foreign nationals employed in Germany continues to rise, with approximately seven million foreign workers contributing…
German DAX Rebounds Slightly Amid Caution
Equities on the DAX index experienced a muted trading day Friday, shifting into positive territory by midday after…
Union Plan To End Phone Sick Days Faces Union Fury
Germany’s leading trade union confederation, the DGB, has strongly criticized proposals from CDU General Secretary Carsten Linnemann regarding…
German Stocks Fall Ahead of Jackson Hole Speech
European stock markets exhibited modest declines in early trading Friday, with the DAX opening with a loss of…
German Housing Confidence Surges in July
Sentiment within the German housing sector showed marked improvement in July, according to data released Friday by the…
German Minister Pushes For AI Computing Boost
Germany is seeking to bolster its capacity in artificial intelligence, with Digital Minister Karsten Wildberger emphasizing the need…
Employers Escalate Criticism Of Wage Law
German employer associations are intensifying their criticism of the proposed “Tariff Adherence Act” with Steffen Kampeter, Managing Director…
Wall Street Slides Fed Cools Rate Cut Hopes
US stock markets experienced a downturn on Thursday. At the close of trading in New York, the Dow…
German DAX Waits Ahead of Central Bank Meeting
European markets exhibited a cautious start to the trading day Thursday, with the Dax opening largely unchanged. Around…
Germany Splits on Carbon Capture for Gas Plants
A developing disagreement within the German federal government centers on the potential deployment of carbon capture and storage…
German Trade Hopes Lift Shares Slightly
European markets experienced modest gains on Thursday, with the DAX closing at 24,293 points, a rise of 0.1…
No Charges Filed Against Former Prosecutor in Cum-Ex Scandal
Following a comprehensive review of a criminal complaint, German prosecutors have decided against launching a formal investigation into…
Wildberger’s Deregulation Drive Gets Thumbs Up
Germany’s National Regulatory Control Council (NKR) has offered a positive assessment of Digital Minister Karsten Wildberger’s initiative to…
Greens Oppose Restaurant Tax Cut
Germany’s Green Party has voiced sharp criticism of the government’s proposed reduction in value-added tax (VAT) on food…
US and EU Announce New Trade Framework
The European Union and the United States have released a joint statement outlining a framework for future transatlantic…
German DAX dips as investors await cues
The German DAX index experienced a shift into negative territory by midday Thursday, following a cautious open. Around…
Employers Rarely Highlight Family-Friendly Policies
A recent study by the Bertelsmann Foundation indicates that German employers infrequently highlight family-friendly policies in their job…
Sick Pay Costs German Firms Over 82 Billion Euros
German employers shouldered approximately 82 billion euros in costs related to employee sick leave in 2024, a figure…
Tesla Evacuates Staff After Battery Cell Fire
Production at Tesla’s Gigafactory in Grünheide, Germany was temporarily disrupted Monday following a fire incident within a battery…
Ottobock Eyes Billion-Euro IPO Soon
Ottobock, a leading prosthetic manufacturer, is reportedly preparing for an initial public offering (IPO) on the German stock…
German Towns See Record Business Tax Revenue
German municipalities achieved a record high in trade tax revenue in 2024, totaling approximately 75.3 billion euros, according…
German Firms Face Growing Skills Shortage
A recent economic survey published Thursday indicates that the shortage of skilled labor is intensifying for businesses across…
German Tax Revenue Continues to Rise
German tax revenues continued to rise in July, although at a slower pace than observed in previous months.…
Nasdaq dips US markets mixed
US equity markets presented a mixed performance Wednesday, with the Dow Jones Industrial Average closing at 44,938, a…
Factory Prices Fall Slightly In July
German producer prices for industrial products decreased by 1.5 percent in July 2025 compared to the same month…
German Hospitality Revenue Dips in First Half of 2025
Germany’s hospitality sector experienced a downturn in revenue during the first half of 2025, according to data released…
German Economy Reliant on Red Sea Trade Route
Approximately ten percent of all imports to Germany arrive by sea via the Red Sea – encompassing the…
German Stocks Fall Oil Prices Jump
European markets experienced a moderate downturn on Wednesday, with the DAX closing at 24,277 points, a decrease of…
Porsche Scales Back Battery Unit Workforce
Porsche is reportedly planning significant restructuring of its battery subsidiary, Cellforce Group, potentially leading to the dismissal of…
German DAX Slides Investors Eye Clues
European stocks exhibited cautious trading activity mid-Wednesday, with Germany’s DAX index experiencing a slight downturn. By approximately 12:30…
German Stocks Dip Ahead of Jackson Hole Speech
European stock markets opened Wednesday with modest declines, as the DAX, Germany’s leading stock index, began the day…
German Exports Dip Slightly in First Half of 2025
Germany’s exports totaled €786.0 billion in the first half of 2025, a decrease of 0.1 percent compared to…
UK Inflation Surges To 3.8 Percent
The pace of consumer price increases in the United Kingdom accelerated recently, according to data released Wednesday by…
Nasdaq Leads US Market Dip
US equity markets presented a mixed performance Tuesday, with the Dow Jones Industrial Average closing at 44,922 points…
German Soybean Farms See Acreage Surge
Germany is witnessing a significant shift in agricultural practices, driven by increasingly frequent periods of drought and a…
German Stocks Flat No Peace Breakthrough
European markets exhibited cautious trading activity Tuesday morning, with the DAX maintaining a relatively stable position. Around 9:30…
German stocks surge Rheinmetall lags
Germany’s DAX index closed Tuesday with gains, reaching 24,423 points – a 0.5 percent increase from the previous…
German DAX Rises Midday Equity Stories Drive Gains
Germany’s benchmark DAX index experienced a shift in trading on Tuesday, moving into positive territory by midday despite…
Average Grain Harvest Expected This Year
Germany’s agricultural sector anticipates an average grain harvest in 2025, according to recent assessments by the German Farmers’…
Self-Employed Fear Retirement Security
A new study from the Ifo Institute reveals a significant level of uncertainty among Germany’s self-employed and micro-entrepreneurs…
German Factory Orders Stall in June
German manufacturing orders remained stable in June 2025, according to data released Tuesday by the Federal Statistical Office…
German Grain Quality Falls Amid Weather Woes
Fluctuating weather patterns, characterized by a dry spring followed by a wet summer, are reportedly impacting the quality…
Germany Faces Chemical and Pharma Supply Chain Disruptions
Germany’s chemical industry association (VCI) has cautioned that escalating global conflicts could potentially disrupt the country’s access to…
Coalition Deal Must Hold Says Minister Amid Tax Debate
A debate regarding potential tax increases for high-income earners and wealthy individuals is unfolding within the German federal…
Union Leader Calls For Nationalizing Key Utilities
The head of the German Civil Service Federation (dbbf), Volker Geyer, has rejected calls for restraint in public…
Solar Industry Faces Insolvencies Job Losses
The head of the German Federal Association of Solar Crafts is cautioning that the potential removal of feed-in…
US Investors Wait and See Ahead of Ukraine Talks
US equity markets exhibited limited movement Monday, concluding the trading day with modest adjustments. The Dow Jones Industrial…
Dax Slides as Peace Hopes Fade
European markets experienced moderate declines at the start of the week, with the DAX closing at 24,314 points,…
EU AI Factory Plan Faces Industry Skepticism
Growing concerns are emerging within the technology sector regarding the European Union’s plan for large-scale artificial intelligence data…
German Rail Punctuality Hits New Low
Deutsche Bahn reports a further decline in punctuality for July 2025. Just 59.4 percent of long-distance travelers reached…
Startup Struggles Vary Across Germany
A recent survey of German tech startups reveals a nuanced picture of the current economic landscape, with experiences…
German DAX Slides Lower Amid Weak Trading
European stock markets experienced a subdued trading session Monday, with Germany’s DAX index remaining in negative territory by…
Experts Predict Inflation Will Stay High
Global inflation is expected to remain persistently elevated in the coming years, according to a recent survey conducted…
German Stocks Dip Trump-Ukraine Talks Loom
European stock markets experienced a slightly subdued start to the week, with the DAX opening lower on Monday…
German Construction Permits Rise in First Half
Recent data from the Federal Statistical Office (Destatis) indicates a positive trend in German construction activity. In June,…
German Apple Harvest Expected To Hit Record High
German fruit growers are anticipating a significantly above-average apple harvest in 2025, projecting approximately 1.009 million tonnes. This…
Chinese Hybrid Car Exports Surge in Europe
European markets are witnessing a significant surge in plug-in hybrid vehicle (PHEV) imports from China during the first…
Austrian Rail Boss Dismisses DB Night Train Revival
The head of long-distance travel for Austrian Federal Railways (ÖBB), Kurt Bauer, has advised Deutsche Bahn (DB) against…
German Banks Urge Faster Digital Wallet Rollout
Germany’s banking association is urging accelerated progress on the nation’s planned digital wallet initiative, cautioning against repeating shortcomings…
German Electricity Costs Vary Widely By Region
A new analysis reveals significant disparities in electricity costs across Germany, with consumers in some regions paying considerably…
German Power Prices Vary Widely By Region
Significant disparities in electricity costs are impacting consumers across Germany, with prices varying considerably between federal states, according…
German Pharmacies Demand Action on Foreign Discount Drugs
The president of the German Pharmaceutical Association (ABDA), Thomas Preis, has called on Federal Health Minister Nina Warken…
DeepL reportedly explores potential IPO
Artificial intelligence translation company DeepL has parted ways with its Chief Financial Officer, Markus Harder, according to sources…
German Leaders Demand Reforms To End Economic Crisis
Leading business executives and prominent economists are voicing concerns that Germany risks prolonged economic stagnation without significant structural…
SPD Pushes For Tax Relief For Middle Class Families
A key figure within Germany’s Social Democratic Party (SPD) is continuing to advocate for income tax reform focused…
German Economic Slowdown Hits IT Jobs
A recent study by the Cologne Institute for Economic Research (IW) indicates a growing impact of Germany’s subdued…
US Tariffs Won’t Lower German Coffee Prices
Analysts predict German coffee consumers will not see price reductions despite recently imposed U.S. tariffs on Brazilian coffee.…
Wizz Air Boosts German Flights By 30 Percent
Wizz Air, one of Europe’s largest low-cost airlines, is significantly expanding its operations within Germany. The airline intends…
German Industry Group Lowers Expectations for Power Price Relief
The president of the Association of German Chambers of Industry and Commerce (DIHK), Peter Adrian, has expressed tempered…
US Stocks Mixed Nasdaq Slides
US equity markets presented a mixed picture Friday, with the Dow Jones Industrial Average closing at 44,946 points,…
German Markets Dip Oil Prices Fall
European markets exhibited a mixed performance at the close of trading Friday, with Germany’s DAX index finishing marginally…
German Politicians Demand Russia’s Assets Be Seized For Ukraine Defense
A growing chorus of prominent German politicians are advocating for the complete and immediate utilization of Russian central…
German Market Steady Alaska Eyes Turn
European markets displayed cautious optimism midday Friday, with the DAX maintaining gains established in early trading. Around 12:30…
German DAX Gains Ahead of Alaska Talks
European markets experienced a modest positive start to the trading day Friday, with the DAX rising slightly to…
Thyssenkrupp CEO Open to State Investment in Shipbuilding
Thyssenkrupp’s CEO, Miguel López, has indicated an openness to potential state participation in its planned listing of the…
German Employment Holds Steady in Second Quarter
Germany’s employment figures for the second quarter of 2025 show a slight overall increase, though with notable sectoral…
German Business Starts Surge Despite Rising Closures
Germany’s business landscape demonstrated a mixed performance in the first half of 2025, according to data released Friday…
German State Leader Seeks Climate Policy Relief for Key Industries
The Premier of Saxony-Anhalt, Reiner Haseloff, is calling for a fundamental reassessment of climate policy amidst growing concerns…
Amthor Targets 16 Billion Euro Bureaucracy Cut
Philipp Amthor, State Secretary in Germany’s newly formed Digital Ministry, has announced ambitious plans to significantly reduce bureaucratic…
Tech Tax Details Remain Unclear
Plans for a potential digital levy on large corporations remain largely undefined, according to a recent response from…
Defense Agency Backs Tax Cuts For Arms Industry
The President of the Federal Office for Equipment, Information Technology and In-Service Support of the German Armed Forces…
US Stocks Mixed as Inflation Concerns Persist
US equity markets presented a mixed performance on Thursday. At the close of trading in New York, the…
Train Drivers Hail Rail Chief’s Dismissal
The German Locomotive Drivers’ Union (GDL) has welcomed the decision by Federal Transport Minister Volker Wissing to remove…
German Inflation Boosts European Markets
German equity markets experienced gains on Thursday, with the DAX index closing at 34,378 points – a rise…
German Regulator Backs EU Oversight of Crypto Exchanges
Germany’s financial regulator, BaFin, is advocating for the inclusion of cryptocurrency firms within the scope of direct oversight…
Consumers Demand Relief From Energy Tax
Germany’s leading consumer protection group, the Verbraucherzentrale Bundesverbands (VZBV), is urging the government to lower electricity tax for…
RWE Opposes Splitting Germany Into Five Electricity Price Zones
The chief executive of German energy giant RWE, Markus Krebber, has voiced opposition to proposals from European transmission…
Berlin Brandenburg Fuel Prices Hit Record High
Motorists in Berlin and Brandenburg are currently facing the highest fuel prices in Germany, according to a recent…
German Markets Rise Amid Trump-Putin Talks
German equity markets maintained positive momentum mid-day Thursday, building on earlier gains. The DAX index reached approximately 24,275…
Faster Depreciation Fuels Economic Growth
A leading German economic research institute is advocating for the permanent implementation of accelerated depreciation allowances, currently available…
German DAX Eyes Record High After Strong Start
30 AM local time – a gain of roughly 0..4 percent from the previous day’s closing level. Heidelberg…
Fiber Rollout Jumps Nearly Ten Percent Year-Over-Year
Germany’s fiber optic expansion is gaining momentum, with coverage increasing by 9.6 percentage points in the past year.…
VW Could Build Tanks for Germany says Bundeswehr Chief
The President of the Federal Office for Procurement of the German Armed Forces (BAAINBw), Anette Lehnigk-Emden, has indicated…