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Economy / Finance
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German Output Surges in July
German industrial output registered a modest increase in July 2025, according to preliminary data released by the Federal…
Postbank to Slash Branches Rapidly
Postbank accelerates branch closure program, anticipates significant reduction by year-end. Deutsche Bank’s Dominik Hennen, responsible for the private…
Benefit Overhaul Expected This Fall
Germany’s Federal Minister for Labour, Bärbel Bas (SPD), has announced plans to introduce reforms to the Bürgergeld system…
Bosses Stifle Extended Workday Requests
A recent survey conducted by the German Federation of Trade Unions (DGB) has revealed a complex and nuanced…
Musk Tasks Tesla Staff with Customer Feedback Focus>
Tesla CEO Elon Musk has urged employees to actively engage with customer concerns as the electric vehicle manufacturer…
Germany Unveils Auto Industry Rescue Plan
Ahead of the International Motor Show, the leader of the Christian Social Union (CSU), Markus Söder, has announced…
Hornbach shifts focus to international expansion
Hornbach, a leading home improvement retailer, is shifting its strategic focus towards international expansion for new store openings.…
RWE Confirms 2030 Coal Exit Plan
RWE’s CEO Reiterates 2030 Coal Phase-Out, Outlines Contingency Conditions Markus Krebber, CEO of energy giant RWE, has reaffirmed…
Mercedes Chief Urges Rethink on EU Engine Ban
The head of Mercedes-Benz, Ola Källenius, is calling for a reevaluation of the European Union’s planned ban on…
Heating Transition Faces Billions Funding Gap
A significant analysis by McKinsey & Company suggests the costs associated with Germany’s energy transition in the building…
RWE Sees Gas Situation Relaxed Despite Low Storage Levels
Despite lower gas storage levels across Germany, RWE CEO Markus Krebber remains optimistic. While acknowledging that storage levels…
Germans Embrace Overtime for Higher Pay
A significant majority of German employees express willingness to extend their working hours, provided the financial incentives are…
RWE Urges Gas Power Plant Push
Germany’s largest energy company, RWE, has urged Economy Minister Katherina Reiche to expedite the tender process for new…
Skills Gap Narrows Significantly
The skills shortage in Germany has narrowed considerably, decreasing by approximately 18 percent year-over-year in the second quarter…
Stocks Mixed After Jobs Report
US stock markets presented a mixed performance on Friday, closing with varying degrees of decline. The Dow Jones…
Bavaria’s Appeal Fading in Global Race>
A recent study by the Institute for German Economy (IW), commissioned by the Bavarian Business Association (vbw), reveals…
German Manufacturing Orders Decline in July
Preliminary data from the Federal Statistical Office (Destatis) indicate a 29 percent decrease in real (inflation-adjusted) new orders…
Google Hit With Massive EU Fine
The European Commission has levied a fine of €295 billion against Google, citing violations of EU competition rules…
German Tech Weighs On Dax Close
European markets concluded the week with a mixed performance, as Germany’s DAX index finished trading at 23,597 points,…
German Minister Warns Social Mobility Is Plummeting
Germany is facing a concerning decline in social mobility, according to a new study released by the Ifo…
US Unemployment Edges Up To 4.3 Percent
The US unemployment rate edged up to 43% in August, according to data released Friday by the US…
Merz to Meet Auto Industry Leaders at IAA Transport Show
German Chancellor Friedrich Merz is set to engage with leaders of the domestic automotive industry next week during…
German homebuyers face rising mortgage rates
German homeowners are facing comparatively higher mortgage interest rates than their counterparts in many other European nations, according…
German DAX Flat US Jobs Data Key
European stock markets exhibited limited movement Friday morning, with the DAX trading around 23,760 points-a slight variation from…
German DAX Edges Higher Ahead of US Jobs Report
30 PM local time, the benchmark index was calculated at approximately 23,815 points, representing a 0 Around 12:30…
German Union Calls For EU Manufacturing Boost
The head of Germany’s influential IG Metall union, Christiane Benner, is advocating for the introduction of local content…
Germany’s Grid Strained By Surge In Battery Storage Requests
German grid operators are facing a surge in connection requests for electricity storage systems, leading to significant processing…
Wall Street Rises on Cooling Jobs Data
US stock markets experienced gains on Thursday At the close of trading in New York, the Dow Jones…
German DAX Rebounds Despite Lingering Caution
30 PM local time, the index was calculated at approximately 23,750 points, representing a 0 Around 12:30 PM…
Chinese Cars Gain Traction With German Buyers
A growing number of German consumers are increasingly open to considering Chinese automotive brands, according to recent research…
German industrial giants lift Dax higher
German equity markets experienced gains on Thursday, with the DAX closing at 23,770 points – a 07 percent…
German Minister Predicts Citizen Income Reform Soon
Germany is poised for revisions to its citizen’s allowance, known as the “Bürgergeld”, with proposals expected soon from…
Giorgio Armani Dies Aged 91
Giorgio Armani, the renowned Italian fashion designer, has died at the age of 91, his company announced Thursday…
Car Industry to Challenge 2035 Combustion Engine Ban
The president of the German Association of the Automotive Industry (VDA), Hildegard Müller, is set to address the…
VW Boss Signals Strong Industry Comeback at Munich Auto Show
Volkswagen CEO Oliver Blume expresses optimism regarding the future of the German automotive industry, despite ongoing challenges and…
Half of German HR Chiefs Back Weekly Work Limits
A recent survey indicates a divided response from German businesses regarding proposed changes to working time regulations The…
Merz Faces Criticism Over Coalition Deal
A leading economic council affiliated with the Christian Democratic Union (CDU) has voiced concerns regarding recent statements made…
German Economy Slowdown Forecast for Next Year
The Leibniz Institute for Economic Research Halle (IWH) has released its autumn forecast, projecting global production to increase…
German Dax Steady Amid US Jobs Data Concerns
30 AM local time, the index was calculated at approximately 23,625 points, representing a slight increase of 0…
Porsche CEO Vows Swift Return to Dax Index
Oliver Blume, CEO of Porsche AG, has defended the company’s current trajectory following its recent removal from Germany’s…
Alphabet Stock Surges Amid Antitrust Ruling
US equity markets presented a mixed performance on Wednesday At the close of trading in New York, the…
Climate Change Now Impacts German Jobs
A majority of German workers are already experiencing the effects of climate change in their workplaces, according to…
Car Industry Warns Job Losses Threaten Society
The president of the German Association of the Automotive Industry (VDA), Hildegard Müller, has expressed concern over potential…
Volkswagen Electrifies Polo with New ID Models
Volkswagen is poised to revert to traditional model naming conventions for its forthcoming electric vehicles, according to reports…
German Grid Operator Warns of Autumn Power Cuts
The CEO of German transmission system operator Amprion, Christoph Müller, anticipates controlled load shedding and elevated electricity prices…
German DAX Rises Oil Prices Fall
German equities edged higher on Wednesday, with the DAX index closing at 23,595 points – a gain of…
Fuel Prices Remain Largely Static
German fuel prices have remained largely stable over the past week, according to data released Wednesday by the…
Consumer Group Fears Weakened Supply Chain Law
Consumer protection groups have voiced criticism regarding a planned reform of Germany’s supply chain due diligence law, approved…
German Farms Report Strong Harvest Despite Weather
Germany’s agricultural sector has reported a largely positive harvest for 2025, despite challenging weather conditions throughout the growing…
German DAX Rises Ahead of US Market Open
European stock markets demonstrated recovery midday Wednesday, with Germany’s DAX index climbing to approximately 23,695 points – a…
German Think Tank Lowers Power Demand Forecast
A leading German think tank, Agora Energiewende, has revised its electricity demand forecast downwards The organization now anticipates…
EU Court Backs US Data Transfer Deal
The Court of Justice of the European Union has dismissed a legal challenge brought by a French citizen…
Zalando Loses EU Platform Status Appeal
The European Union’s Court of Justice has dismissed Zalando’s challenge to its designation as a “very large online…
Lufthansa Pension Talks Collapse No Deal Reached
Negotiations between the Vereinigung Cockpit (VC) pilots’ union and Lufthansa, along with Lufthansa Cargo, regarding a new collective…
Online Shops Must Offer Easy Refund Button
Germany is set to approve legislation this Wednesday that will simplify the process for consumers to cancel online…
German DAX Rises Amid Pension Worries
European stock markets experienced modest gains mid-week, with the DAX trading around 23,530 points – a rise of…
German Inheritance Tax Revenue Surges to Record High
German tax authorities collected €133 billion in inheritance and gift tax in 2024, representing a 123 percent increase…
Germany Faces Huge Wave of Baby Boomer Retirements
A significant demographic shift is underway in the German labor market, according to data released Wednesday by the…
German Auto Industry Confidence Surges Again
Sentiment within Germany’s automotive industry experienced a notable improvement for the second consecutive month in August, according to…
Minimum Wage Not Linked To Job Losses Claims Government
Recent governmental analysis indicates Germany’s national minimum wage has not demonstrably impacted overall employment levels since its introduction…
Stocks Fall Trump Seeks Court Ruling
US stock markets experienced a decline on Tuesday At the close of trading in New York, the Dow…
Audi Eyes US for Growth Potential
Audi is poised to make a decision this year regarding the potential establishment of a North American manufacturing…
Southern German States Oppose EU Electric Car Mandate
Economic ministers from the German states of Baden-Württemberg and Bavaria have voiced strong reservations regarding proposed European Union…
German Stocks Fall Except Rheinmetall and Symrise
European markets experienced a downturn on Tuesday, with the DAX index closing at 23,487 points, a 23 percent…
German Unions Slam Planned Welfare Freeze
Germany’s leading trade union confederation, the DGB, has voiced strong criticism regarding the planned freeze on adjustments to…
Wirecard Trial Dates Postponed Five Days
Munich Regional Court has postponed five days of hearings in the ongoing Wirecard trial Dates affected include September…
German regulator warns of market setbacks
Germany’s financial regulator, BaFin, has cautioned about potential market corrections amidst high valuations and ongoing global uncertainty BaFin…
German Electronics Sales Dip Slightly
Germany’s consumer electronics market is stabilizing at a level slightly below its pandemic peak, according to a new…
German Inflation Jolts Markets Dax Slides
European stock markets experienced downward pressure mid-day Tuesday, with the DAX falling 12 percent to approximately 23,740 points…
German regulator warns against mega-bank focus
Germany’s financial regulator, BaFin, has cautioned against an excessive pursuit of consolidation and scale within the European banking…
Eurozone Inflation Rises to 2.1 Percent
Eurozone annual inflation edged slightly higher in August 2025, reaching an estimated 21 percent, up from 20 percent…
German Dax Struggles Below 24000
30 AM local time, the index stood at approximately 23,850 points, representing a 0 Around 9:30 AM local…
Remote Work Holds Steady in Germany
Recent data indicates that remote or hybrid work arrangements remain firmly established within the German workforce According to…
North Rhine-Westphalia Still Missing Five Percent of Property Tax Returns
North Rhine-Westphalia (NRW) continues to grapple with outstanding issues relating to the property tax reform, with significant numbers…
Klingbeil Launches Panel To Boost German Investment
Germany is establishing a new advisory council dedicated to overseeing and accelerating the deployment of funds from its…
DAX Surges Past 24000 Points
The German DAX index experienced gains at the start of the week, closing at 24,037 points, a 06…
Employers Demand Social Security Spending Cuts
Germany’s leading employers’ association, Gesamtmetall, is urging the federal government to prevent further increases in social security contributions,…
German Industry Calls For Major Welfare Reform
Germany’s leading employers’ association, Gesamtmetall, has cautioned that the country’s ongoing economic downturn will likely persist without substantial…
East West Wage Gap Widens After Reunification
New data released by the Federal Statistical Office indicates a widening wage gap between eastern and western Germany,…
Gas Prices Plummet To Year’s Low
Consumers switching or entering new gas contracts are currently benefiting from significantly lower prices compared to the beginning…
German Tourism Faces Steep Decline
A leading German hotelier and tourism official has expressed concerns regarding the future of domestic tourism in Germany,…
Energy Chief Praises Renewables Boost Despite Cost Concerns
Germany’s leading energy association, the BDEW, is advocating for a more balanced discussion surrounding the country’s high electricity…
Trump Tariffs Partially Ruled Illegal
A federal appeals court has ruled against certain tariffs imposed by former US President Donald Trump, finding they…
Kretschmer Seeks to Limit Sick Pay to Boost Growth
The Premier of the German state of Saxony, Michael Kretschmer, is advocating for a significant shift in national…
German Industry Warns Energy Grid Costs Could Soar
Germany’s leading business association has warned of potentially escalating costs associated with the country’s energy transition, known as…
German Minister Boosts Modular Home Building
Germany is actively exploring modular and serial construction methods as a potential solution to address housing shortages and…
Civil Servants Get Cheaper Loan Deals Than Workers
A recent analysis by the comparison portal Verivox reveals a significant disparity in lending terms between public sector…
US Stocks Fall Nasdaq Leads Decline
US equity markets experienced a decline on Friday. At the close of trading in New York, the Dow…
German Employment Steady in July 2025
Germany’s employment figures for July 2025 demonstrate a period of relative stability, according to preliminary calculations from the…
Dax Slides Volume Remains Thin
European stock markets experienced a mixed close Friday, with the DAX index finishing the session at 23,902 points,…
Merz and Macron Reject US Tech Regulation Threats
Following recent statements from the United States regarding potential tariffs and export restrictions linked to EU regulations of…
Germany France Agree New Economic Plan
Germany and France have reached an agreement on a joint economic agenda, revealed during a ministerial council meeting…
German Union Opposes Weakening Job Protections
Germany’s leading social welfare association, the SoVD, has voiced strong opposition to calls for a weakening of employment…
Wagenknecht Slams Chancellor Over Rising Unemployment
Sahra Wagenknecht, chairwoman of the BSW party, has accused Chancellor Friedrich Merz of contributing to rising unemployment through…
German Inflation Rises Noticeably to 2.2 Percent
Germany’s annual consumer price increase accelerated again in August 2025, according to preliminary figures released Friday by the…
German Economist Calls For Looser Job Protections
Germany’s unemployment figures have surpassed three million, prompting calls for economic policy adjustments from leading economist Veronika Grimm.…
German Stocks Dip As Month Ends
European stock markets experienced moderate declines Friday, with the DAX closing the morning session down 0.5 percent at…
German Data Hints At Rising Inflation
Early indications suggest a slight increase in Germany’s annual inflation rate for August, following a figure of 2.0…
German Stocks Dip Inflation Cools
30 AM local time, a decrease of 0..2 percent compared to the previous day’s close. Leading the gains…
German Unemployment Surpasses Three Million Mark
Germany’s unemployment figures experienced an increase in August 2025, rising by 153,000 compared to the same month last…