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Economy / Finance
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Stocks Plunge, Gold Falls, Oil Soars, But Labor Market Holds Strong
US Stock Markets Close Out the Day with Gains Friday’s trading session on the US stock markets saw…
Nvidia’s CEO to Meet with German Government, AI Gigafactory Plans on the Table
Berlin, Germany – In a series of high-level meetings, German Chancellor Friedrich Merz is set to meet with…
Dollar Daze: Euro’s Rise Sends Travelers Flocking to Cheaper Long-Haul Escapes
Travel Giant Tui Sees Shift in Booking Trends, Dollar’s Appreciation Boosts Off-season Travel The travel conglomerate Tui has…
US Jobs Data Saves the Day?
The German Dax index closed slightly lower on Friday, ending the day at 24,304 points, a 0.1 percent…
Trump’s Tariffs to Wipe Out 90,000 German Jobs?
The US President’s trade policies, according to the head of the German Federal Employment Agency, Andrea Nahles, have…
Job Market Stabilizes, Rate Cuts on the Backburner?
US Job Market Remains Robust, Unemployment Rate Stabilizes at 4.2% The US Labor Department announced on Friday that…
Autobahn GmbH: A Highway to Exorbitant Salaries?
A German Government Agency’s Highway Company Pays Higher Salaries to Employees Without Clear Justification, Audit Finds A recent…
Electric Car Price Gap Crashes to Historic Low in Germany!
Electric Vehicles Close the Price Gap with Gas-Powered Cars in Germany The price difference between battery-electric vehicles and…
Will the Weekend Bring a Trade War Bombshell?
Financial Markets Remain Cautious Amid Ongoing Trade Tensions The German Dax index continued to trade in the red…
Generation Self-Care: Younger Generation Spends Big on Wellness
New Study Reveals Shift in Consumer Spending on Wellness, with Younger Generations Prioritizing Self-Care A recent survey of…
Passengers Prioritize On-Time Arrival Over Compensation
A European Union Transport Ministers’ Council decision to revise the Air Passengers Rights Regulation has been met with…
Jobs Report to Crush the Market’s Euphoria?
As the Frankfurt Stock Exchange opened on Friday morning, the Dax index began the trading day with a…
German Industry in Free Fall
According to preliminary data from the Federal Statistical Office (Destatis), the season- and calendar-adjusted production in the manufacturing…
Exports Plunge Amid Global Turmoil
Germany’s foreign trade balance in April 2025 showed a surplus of 14.6 billion euros, according to preliminary data…
Construction of Apartments Sees a Glimmer of Hope, But the Road to Recovery is Long
Economic Sentiment in the Construction Sector Shows Signs of Improvement in May According to the Munich Institute, the…
0.0% Growth in 2023, But a Glimmer of Hope for 2026?
A German economic research institute has revised its forecast for the current year, now expecting a flatlined economy,…
Everllence’s Breakaway: The VW Spinoff Poised to Shine on Its Own?
Everllence, a subsidiary of the Volkswagen Group, is well-equipped for an independent listing, according to its CEO, Uwe…
A Crisis of Empty Spaces?
German building society chief urges government to promote age-friendly living The head of the Association of Private Building…
Billion-Dollar Bailout for the Dream of Homeownership?
A leading representative of the Association of Private Building and Savings Banks has called for substantial financial support…
US Stock Market Falls After Trump-Musk Feud Weighs on Tesla.
The US stock markets closed lower on Thursday, with the Dow Jones Industrial Average ending the day at…
German Auto Industry in High Gear
As the European Commission has recently shown flexibility on CO2 emission limits for the automotive industry, the German…
CEO Breathes a Sigh of Relief
Siemens Energy’s CEO Christian Bruch has reacted to the premature release of state guarantees for the energy technology…
Microsoft Warns of AI-Powered Cyber Apocalypse
Microsoft’s Vice President, Brad Smith, Warns of Increased Cyber Threats Amid AI Adoption Microsoft’s Vice President, Brad Smith,…
Dax Slides Back to Earth, But Hope for a US Tariff Agreement Lifts the Market
Financial Markets Experience Mixed Reactions as ECB and US-China Trade Talks Influence Indices The German Dax index closed…
Can Mercedes’ CEO Save the Industry?
European Union Commissioner Faces Call to Negotiate Regulatory Standards in Trade Dispute with the US In the ongoing…
BREAKING: ECB Slashes Interest Rates, But Will It Be Enough to Avoid Economic Meltdown?
European Central Bank Lowers Interest Rate, Cites Near-Two-Percent Inflation Target The European Central Bank (ECB) has cut its…
German Government Warned of Russian Gas ‘Weapon’ in Leaked Document
A confidential document from the Ministry of Economics warns of the potential resumption of the Nordstream pipelines, which…
Is the Party Over?
German stocks continued their upward trend on Thursday, with the Dax index reaching a new high by midday.…
Will ECB Decision Spark a Selloff?
The German Dax opened cautiously on Thursday, with the benchmark index calculated at around 24,315 points, a 0.2…
Manufacturing Industry Sees Slight Revival, But Warning Signs Persist
Industrial Production Orders in Germany Show Slight Growth in April, Driven by Electronics and Machinery Sectors According to…
Is it Enough?
Germany’s Service Sector Sees Moderate Growth in March According to preliminary data from the Federal Statistical Office (Destatis),…
The Inflation Adjustment Premium is Losing its Oomph
According to the Federal Statistical Office, nominal wages in Germany rose by 3.6 percent in the first quarter…
AI: The Silent Job Killer?
A recent survey by the Ifo Institute has revealed that over a quarter of companies (27.1 percent) expect…
Market Mayhem: US Stocks in Free Fall as Trade War Fears Grip Nation
Stock Markets Show Mixed Results as Trade Tensions Persist The US stock markets exhibited a mixed performance on…
New Law to Save the Planet.. or Not?
The German government is planning to allow industrial companies to separate and store their CO2 emissions using the…
DAX in Free Fall as Trump’s Tariffs Loom
The German Dax index closed higher on Wednesday, with a 0.8 percent increase from the previous day’s close,…
No Majority for Longer Working Hours in Germany
A recent survey by the Allensbach Institute, commissioned by the Family Entrepreneurs Association, has revealed a disparity between…
The Countdown to a New Era of Economic Unity Starts Now!
The European Commission has announced that Bulgaria is ready to join the Eurozone, with a potential introduction of…
EU Launches Deficit Crackdown
The European Commission has announced its intention to launch a procedure against Austria due to excessive government debt.…
Economists Slam ‘Investment Booster’ as Insufficient to Revive German Economy
Economists Criticize Investment Package as Insufficient to Revive German Economy Leading economists have expressed skepticism about the investment…
Billion-Dollar Bet on German Chip Future
Globalfoundries, a US-based chip manufacturer, is reportedly expanding its factory in Dresden, Germany. According to industry sources, the…
Cashless Payments Threaten a Tradition
A leading hotel and restaurant association in North Rhine-Westphalia, Dehoga NRW, has expressed concerns over the potential negative…
Optimism Reigns Supreme!
European Markets Maintain Positive Trend Amid Optimistic Investor Sentiment The Dax index, a key German stock market benchmark,…
Investment Program on the Brink of Collapse?
The Central Association of German Crafts is urging the swift implementation of the investment program approved by the…
3/4 of Companies Use 28% Less Paper
German Companies Ditch Paper at Alarming Rate, Survey Finds A recent survey by the German IT industry association…
Dax Stays Calm in the Face of Trade War
Financial Markets Stabilize as Frankfurt Stock Exchange Opens The Frankfurt Stock Exchange opened with a steady start on…
Heat Pumps Heat Up Germany’s New Homes, Natural Gas in Decline
Germany sees significant shift to renewable energy in new buildings, with heat pumps playing a major role. According…
Germany’s Richest 1%: Millionaire Count Surges Amid Pandemic
According to the Federal Statistical Office, in 2021, approximately 34,500 of the 194,000 tax-payers in Germany with a…
TARIFF TERROR: US Steel and Aluminum Tariffs Send Global Markets Reeling
US Steel and Aluminum Tariffs Rise to 50 Percent, Affecting Global Trade As announced by US President Donald…
German Unions Slam ‘Second-Class Workers’ Right’ for Older Employees
German Trade Union Federation Rejects Proposal for Looser Protection for Older Workers The German Trade Union Federation (DGB)…
Succession Crisis Looms Large
German Industry Leader Warns of Mass Exodus of Entrepreneurs if New Government Fails to Act The president of…
Job Market Magic Ignites Bull Run
Stock Markets Rise as US Job Data Surprises to the Upside The US stock markets closed on a…
DAX Turns Positive, But Summer Dullness Looms Over European Markets
Markets in Germany and Europe Show Caution Amid Summer Heat The German Dax index, a benchmark for the…
20,000 Employees Already Out the Door, the End of an Era?
Volkswagen AG Makes Progress in Restructuring Efforts, Reaches Milestone in Early Retirement Agreements Volkswagen AG has made significant…
Eurozone Inflation Plummets to 1.9%: Is the ECB’s Target Finally in Sight?
European Inflation Rate Declines in May, Reaches 1.9% The European Union’s statistics agency, Eurostat, reported a decrease in…
German Investments in the US Plummet to Historic Lows
German Businesses Invest Less in the US under Trump Administration, Data Suggests According to a new analysis by…
Dax Plunges into the Abyss as Hedge Funds Bet on Doom
30 am, a decline of 0.3 percent compared to the previous day’s close. Vonovia, MTU and Deutsche Telekom…
OECD Warns of Global Slowdown
The Organization for Economic Cooperation and Development (OECD) has issued a warning about a slowdown in the global…
US Tariffs Wreak Havoc on German Carmakers
German Automaker Industry’s Business Climate Index Continues to Decline The German automobile industry’s business climate index, as measured…
766 Million Euro Hole in German Economy
A recent report by the German Customs Office has revealed a significant increase in the financial damage caused…
COLD TRUTH: Respiratory Illnesses Wreak Havoc on NRW Workforce, Absences Skyrocket
A significant spike in respiratory illness cases in North Rhine-Westphalia, a federal state in western Germany, has led…
Oil Price Soars on OPEC+ Deal, US Stocks Calm Down on Stimulus Hopes
The US stock markets closed with gains on Monday, with the Dow Jones Industrial Average calculated at 42,305…
German Inland Shipping Workers to Get a 7.4% Pay Bump in a Year!
German employees of the inland waterway shipping industry are set to receive a pay increase, as the service…
ECB Rate Cut and German Government’s Fiscal Policy in Focus
The German Dax index opened the new trading week with losses, closing at 23,930 points, a decline of…
Ryanair’s $100 Billion Bet on Germany’s Lower Fees
Ryanair Considers Expanding German Operations, Hinging on Reduced Taxes and Fees Ryanair’s CEO, Eddie Wilson, has sent a…
Valeo CEO Demands ‘Local Parts’ Rule to Save the Day
European Automaker Supplier Chief Advocates for Local Content Rule in European Car Production The head of the French…
Amazon’s Grip on Prices Sparks Antitrust Fears in Germany
German antitrust authorities have raised concerns over Amazon’s pricing restrictions on its marketplace, deeming them “competition-poorly-thought-out”. According to…
EU Slaps Record-Breaking Fine on Food Delivery Giants for Secret Deal
The European Commission has imposed a fine of 329 million euros on food delivery services Delivery Hero and…
US Tax Plan Ignites Trade War Fears!
European Stock Markets and Currencies in Focus as US Fiscal Policy Concerns Mount The German Dax index continued…
Trump’s Economic Blunder Exposed
Economic Experts Warn of Negative Consequences of US Tariffs on Economy and Budget According to the Ifo Institute,…
Tariffs Trigger Market Panic
Financial Markets in Frankfurt Experience Early Losses on Monday The Frankfurt stock exchange opened the trading day on…
Coffee Crisis: Prices Skyrocket by 31.2% in 4 Years – What’s Behind the Jolt?
Consumer Prices for Coffee Rise Sharply in Germany According to the German Federal Statistical Office (Destatis), the prices…
KfW’s Plan to Arm the Continent
European State-Backed Lender Explores Defense Industry Cooperation with European Partners The state-backed lender is exploring the possibility of…
Thyssenkrupp’s Bleak Future for Steel Division
Thyssenkrupp Steel’s New Leadership Pursues Social Plan for Displaced Workers Thyssenkrupp Steel’s management is seeking to establish a…
‘Let Us Survive’ on the European Market
German Farmers’ Association President Sees Industry as Prepared for Climate Changes, but Demands More Entrepreneurial Freedom The president…
ENBW CEO Warns of Overbuilding and Costly Mistakes
Energy Executive Questions Ambitious Plans for New Gas Power Plants Georg Stamatelopoulos, the head of German energy company…
Federal Aid Demanded Before Summer Break
Germany’s Hospital Association Urges Swift Financial Aid as Summer Break Looms The Die Krankenhausgesellschaft Nordrhein-Westfalen (KGNW), Germany’s hospital…
AI Won’t Steal Your Job, It’s an Opportunity for a New Career
The debate over the impact of artificial intelligence (AI) on the job market continues, with opinions divided among…
Meat’s Last Stand?
Rügenwalder Mühle’s New Chief Emphasizes Meat Alternatives The newly appointed head of the Rügenwalder Mühle, Jörg Pfirrmann, has…
Dependence on Western Tech Leaves Military in a Bind
Russian Military’s Reliance on Western Chip Technology Raises Concerns Internal documents from a Russian arms firm, reviewed by…
Germans Waste Big on Electricity After Relocations
As millions of households in Germany move annually, many are likely to overpay for electricity due to a…
Frei’s Scorching Call to Seize the Day
German Minister of State Thorsten Frei Calls for Intensified Debate on Seized Russian State Assets In a recent…
Will the German Government’s Plan Pay Off?
In a move seen as a positive signal, the German Association of Driving Schools (BVF) has welcomed the…
German Industry on Brink of Collapse as China’s Export Restrictions Bite
A German industry has expressed alarm over the restrictions imposed by China on the export of rare earths.…
EU Warns Against National Isolation, as Germany Prepares to Go Solo
European Economic Research Centre Warns Against National Isolation in Digital Tax Talks The Centre for European Economic Research…
Corporate Tax Cuts Won’t Save the Economy, But a Step Back in Civilization is Real
A top union official has expressed skepticism over the German government’s plan to reduce the corporate tax burden,…
Medium-Sized Enterprises in Free Fall
According to a new report by KfW-Research, the number of German mid-sized enterprises operating abroad has significantly decreased,…
The End of the Bull Run?
Financial Markets Experience Mixed Trading as US-China Trade Tensions Linger The US stock markets displayed a mixed performance…
Consumer Advocate Open to Digital Tax in Germany
Consumer Advocates Call for Digital Tax on US Tech Giants Consumer protection organization, Verbraucherzentrale Bundesverband (VZBV), has expressed…
DAX’s Winning Streak Ends, But US Economic Data Shines
The German stock market, as measured by the Dax, ended the week on a positive note. The index…
Can the Country Catch Up and Become a Digital Powerhouse?
In a recent interview, Ralf Wintergerst, the President of the German digital industry association Bitkom, expressed optimism about…
Will Half of Medical Experts Be Replaced in a Decade?
Berlin’s Former Charité Head Expects Artificial Intelligence to Revolutionize Medicine Berlin’s former Charité head, Karl Max Einhäupl, believes…
A Fairer System on the Horizon?
German Digital and State Modernization Ministry welcomes the initiative of Culture Minister Wolfram Weimer to introduce a tax…
20,000 Jobs on the Line?
Thyssenkrupp’s Restructuring Plans Raise Concerns Over Thousands of Job Cuts The proposed restructuring plans of Thyssenkrupp’s CEO, Miguel…
Inflation Stagnates: Germany’s Price Hike Mystery Unraveled?
Germany’s Consumer Price Index Remains Steady in May 2025 According to the Federal Statistical Office, the annual rate…
Tariff Tornado: Europe’s Economy at Risk of Devastation
Washington’s Tariffs Threaten to Have Far-Reaching Consequences, Warns Bremen’s Chief Executive Bremen’s government leader, Andreas Bovenschulte of the…
Greenwashing or Green Progress?
As the global push for climate action intensifies, a group of 40 German companies, including those listed on…
DAX Soars to New Heights at Noon, But Will the Data Flood Bring a Crash?
European and US Economic Data in Focus as Markets Await Key Releases The German Dax index continued its…
Germany’s Unemployment Fund Faces a Multi-Billion Euro Crisis
In a move to counter expected rising unemployment, the German federal government plans to provide a loan of…
Inflation Stagnates, But Don’t Breathe a Sigh of Relief Just Yet
German inflation rates likely to remain steady in May, early data suggests. According to initial numbers from the…