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Economy / Finance
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Tennet Urges Faster Power Plant Strategy
Transmission network operator Tennet has urged for accelerated progress following the release of the latest Energiewende Monitoring report.…
Cabin Crew Talks Collapse
Negotiations between the Independent Flight Attendants Organisation (Ufo) and Lufthansa Group management have concluded without an agreement on…
German Gas Storage Operators See Winter Calm
German natural gas and hydrogen storage operators are expressing confidence regarding winter preparedness. The industry initiative, Energien Speichern…
Stocks Slip Investors Hesitate
30 AM.. This represented a decline of 0.4 percent compared to the closing level of the previous trading…
German Industry Fears Trade Barriers
The German engineering federation, the Verband Deutscher Maschinen- und Anlagenbau (VDMA), has cautioned about the repercussions of ongoing…
Post Seeks Faster Packstation Expansion
Deutsche Post is accelerating its expansion of its parcel locker network, aiming to double the number of units…
Renters Face Soaring Utility Bills
Housing supplementary costs in Germany have risen significantly, outpacing overall inflation. According to figures released Tuesday by the…
Online Banking Surges to Record High
Recent data released by the Statistical Federal Office (Destatis) indicates a record high adoption rate of online banking…
Delivery Drivers Face Scrutiny DHL Steps In
Deutsche Post’s leadership has addressed a surge in customer complaints regarding delivery service, emphasizing the challenges faced by…
New ZF Leader Signals Deep Cuts
The automotive supplier ZF is facing a significant overhaul as Mathias Miedreich prepares to assume the role of…
Housing Shortage To Last Until 2030s
A persistent shortage of housing is expected to continue in Germany for at least the next decade, according…
Deutsche Post Chief Defends Job Cuts
Deutsche Post DHL’s board member responsible for the postal and parcel business in Germany, Nikola Hagleitner, has defended…
Post Chief Calls for Higher Stamp Prices
Deutsche Post is anticipating a significant increase in postage rates for standard letters and postcards within Germany, according…
Construction Sector Calls for Housing Action
A broad coalition of industry stakeholders in the construction and real estate sectors is urgently warning of a…
Solar Cuts Threaten Energy Transition
Consumer advocates are voicing concerns regarding a proposed policy change by the German Federal Ministry for Economic Affairs…
Stocks Rally Eyes Fed Decision
US equity markets closed higher Monday, with the Dow Jones Industrial Average reaching 45,883 points, a 0.1% increase…
Stocks Rise on Rate Expectations
The German stock market opened the trading week with a positive trend, as the DAX index climbed to…
Renewables Growth Should Continue SPD Says
The findings of a recent monitoring report on Germany’s energy transition have sparked debate among political factions, with…
Tesla Workers Demand Bonus Not Socks
Employees at Tesla’s Grünheide, Germany, factory are pushing for a Christmas bonus of at least €1,500. Representatives from…
Germany Considers Tennet Grid Investment
Reports indicate that KfW, Germany’s state-owned development bank, is re-evaluating the possibility of acquiring a stake in Tennet…
Dax Rises Continues Positive Trend
The German stock market opened positively on Monday, maintaining gains throughout the morning trading session. By midday, the…
Farmers Tax Breaks Spark Union Ire
A leading representative of the German Customs and Finance Trade Union (BDZ) is advocating for the elimination of…
Construction Sector Calls for Migration Debate Nuance
The German construction industry is calling for a more nuanced public discourse surrounding migration, highlighting the sector’s reliance…
AI Adoption Surges Across German Industry
The integration of artificial intelligence is rapidly accelerating across the German economy, according to a recent survey conducted…
Construction Sector Feels Overlooked
The German construction industry is expressing concerns over a perceived lack of engagement from Chancellor Friedrich Merz, according…
Dax Rises Investors Cautious
The German stock market opened with gains on Monday, driven by a positive sentiment seemingly emanating from Wall…
Wholesale Prices Rise
Data released Monday by the Federal Statistical Office (Destatis) reveal fluctuating wholesale price trends in August 2025. Overall,…
EU Plans Spark Parcel Tax Fears
Concerns are rising over the European Union’s proposed flat-rate customs levy on small package shipments, with the head…
China Auto Market Braces for Price War
The global automotive market is facing intensifying price competition, according to Volkswagen China CEO Ralf Brandstätter. In an…
Trade System Resilient Says WTODirectorGeneral
Despite ongoing shifts, the rules-based global trading system remains robust, according to World Trade Organization (WTO) Director-General Ngozi…
Bahn Cuts Spark Outrage
Deutsche Bahn is considering a reduction in service and a significant increase in fares for its Intercity Express…
Drug Shortages Loom This Winter
German pharmacies are anticipating potential medicine supply challenges throughout the upcoming winter season. Thomas Preis, President of the…
Energy Bills Outpace Basic Income Payments
A recent calculation by comparison portal Verivox indicates that the citizen’s allowance (Bürgergeld) may not adequately cover average…
DHL Hiring Thousands for Holiday Rush
Despite previously announcing plans to reduce its workforce in Germany, DHL Group is actively seeking to hire thousands…
German Medical Tech Exports Surge to Russia
German exports of medical technology products to Russia reached record levels in the first half of 2025, according…
EU Weighs Engine Ban Decision
European Commission President Ursula von der Leyen and representatives from the automotive industry are expected to address the…
Polestar Defends Electric Vehicle Timeline
Polestar CEO Michael Lohscheller has dismissed calls for a delay in the phase-out of internal combustion engine (ICE)…
Stocks Mixed Consumer Confidence Plunges>
US stock markets displayed a mixed performance on Friday, closing with varying results. The Dow Jones Industrial Average…
Bundesbank Signals No Further Rate Cuts
Bundesbank President Joachim Nagel has indicated there is currently no pressing need for the European Central Bank (ECB)…
Dax Steady Reinsurers Rise
The German DAX index closed marginally lower on Friday, finishing at 23,698 points, a slight decrease from the…
EU Boosts Electric Car Transition
The European Commission remains committed to its 2035 deadline for phasing out internal combustion engine vehicles, while simultaneously…
Puma Adidas Merger Talk Resurfaces
Pressure is mounting on Puma following a sharp decline in its share price, with investors now calling for…
Automakers Seek EU Support for Electric Vehicles
Ahead of a high-level automotive summit with European Commission President Ursula von der Leyen in Brussels, Schaeffler board…
Stocks Slide Amid US Focus
The German DAX index reversed course during Friday morning, shifting from an initially positive start into negative territory.…
Bahn Cuts Long Distance Travel Services
Reports have surfaced, based on an internal document from Deutsche Bahn (DB), indicating a significant restructuring of long-distance…
Dax Opens Slightly Higher
30 am, representing a 0..1 percent increase compared to the previous day’s closing value. Insurance companies saw particularly…
German Inflation Steady at 22 Percent
Germany’s federal statistics office (Destatis) confirmed on Friday that the inflation rate for August stood at 2.2 percent.…
Rent Control Fears Grip Landlords>
The German Property Owners’ Association, Haus & Grund, has cautioned against imposing fines on landlords failing to comply…
Gas Profits Surge in Germany
Data released from Germany’s gas grid operators reveal consistently high returns, raising questions about the impact on consumer…
Stocks Surge Investors Eye Rate Cuts
U.S. stock markets exhibited significant gains on Thursday, buoyed by a series of factors. The Dow Jones Industrial…
Dax Climbs Bayer Airbus Lead
The German DAX index saw gains on Thursday, closing at 23,704 points – a 0.3 percent increase compared…
German States Push for Lorry Emissions Rules Ease>
Leading regional governors from Baden-Württemberg, Bavaria and Lower Saxony are urging the European Commission to reassess and potentially…
US Inflation Climbs Core Rate Steady>
US Inflation Rises in August, Signaling Potential Economic Shifts The Bureau of Labor Statistics reported that the overall…
Stocks Surge Ahead of ECB Decision
The DAX index rebounded into positive territory Thursday, recovering from a weak start as investors awaited the European…
Dax Opens Lower Eyes Inflation Data
30 am – a decrease of 0..3 percent compared to Wednesday’s closing level. Investor focus today is primarily…
Hotel Bookings Dip After Record Year
Germany’s hotel sector experienced a slight contraction in July, following record performance in the previous year, according to…
German Insolvencies Surge Again
The number of insolvency applications in Germany continues to rise significantly. Provisional data released by the Federal Statistical…
Industry Calls For CO2 Pipeline Network
Debate surrounding permanent carbon dioxide storage in underground facilities has intensified as German lawmakers consider a draft bill.…
Stocks Surge On Strong Jobs Data
U.S. equity markets saw gains on Tuesday, with the Dow Jones Industrial Average closing at 45,711 points, a…
Stocks Mixed Oil Soars
U.S. stock markets presented a mixed performance on Wednesday, closing with varying outcomes. The Dow Jones Industrial Average…
Green Leader Considers Combustion Engine Delay
The leading candidate for the Green Party in Baden-Württemberg’s upcoming state election, Cem Özdemir, has indicated a potential…
WWII Bomb Safely Defused at Frankfurt Airport>
00 PM local time during construction work near Frankfurt Airport.. A spokesperson for the Frankfurt Fire Department confirmed…
Baby Bonds Boost German Retirement Future
The Chief Executive Officer of Deutsche Börse, Stephan Leithner, is calling for a comprehensive reform of Germany’s pension…
SAP Faces Job Cuts Across Europe
Concerns have been raised by the European Works Council of SAP regarding the software giant’s recent plans to…
Stocks Slip Oil Prices Surge
The DAX experienced a decline on Wednesday, closing at 23,633 points – a decrease of 0.4 percent compared…
Dax Opens Higher Eyes on France
30 a..m. This represented a 0.6% increase compared to the close of trading the previous day. Sartorius, Deutsche…
EU Greenlights Nuclear and Gas as Green Investments
The Court of Justice of the European Union has rejected a legal challenge brought by Austria concerning the…
Dax Rebounds Midday No Clear Trend
German equities saw a modest recovery on Wednesday after an initial positive start to the trading day, although…
Gas Prices Inch Up For German Drivers
Drivers in Germany are facing increased costs at the gas pump compared to the previous week. According to…
Mahle Warns of Job Losses in Combustion Engine Shift
Mahle, a major automotive supplier, is warning of potentially significant job losses across Europe if the transition away…
Auto Industry Seeks Policy Relief Ahead of IAA Show
Ahead of the opening of the International Motor Show (IAA) in Munich, Hildegard Müller, president of the German…
German Steelmakers Slam Russian Imports
A leading German steel manufacturer, Thyssenkrupp Steel, has raised concerns regarding the ongoing import of steel from Russia…
US Markets Rise Nasdaq Falters
US equity markets closed higher on Monday, demonstrating a modest recovery following recent trading activity. The Dow Jones…
High Earners Face Higher Social Security Taxes>
Proposed adjustments to social security contribution calculation thresholds are set to impact German earners, with some high-income individuals…
Dax Rises But Caution Remains
The German DAX index experienced a positive start to the trading week, closing at 23,807 points, representing a…
Gas Shift Hurts German Wallet
A recent study by the management consultancy Boston Consulting Group (BCG), reported by the German business daily “Handelsblatt”,…
Stocks Rise Investors Eye Stability
The German DAX index continued its positive trajectory on Monday, maintaining gains throughout the morning following a promising…
Germany Extends Rosneft Trusteeship
The German government has extended the trusteeship over Rosneft Deutschland GmbH (RDG) and RN Refining & Marketing GmbH…
Bonus Payments Return to DAX Companies
A resurgence in the prominence of performance-based bonuses is being observed among Germany’s leading companies listed on the…
Dax Rises Eyes on France
The German DAX began the trading day on Monday with a positive trend. By 9:30 AM, the index…
EV Job Market Slows Down
A significant decline in the number of sought-after jobs within Germany’s automotive industry, particularly those focused on electric…
German Exports Dip in July
German export and import figures for July 2025 indicate a mixed performance compared to both the previous month…
Renewable Energy Input Drops in Germany
Germany’s electricity generation in the first half of 2025 totaled 221 billion kilowatt-hours, a slight increase of 0.3%…
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…