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Economy / Finance
4158 posts
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…
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…