German economy
- Europe
Germany’s consumer climate still low, DAX eyes fifth straight drop
Germany’s GfK Consumer Confidence Index rose slightly, but despite beating expectations, sentiment remains fragile amid high inflation and job insecurity.…
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Can Germany’s improving financial sentiment beat business pessimism?
Financial experts are more optimistic about Germany’s economy as the ZEW index rebounded more than expected in December, its highest…
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Bosch: Up to 10,000 German jobs at risk as car market stutters
The world’s largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to…
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Volkswagen workers worry about future as they stage warning strikes
Thousands of workers at Volkswagen’s headquarters in Wolfsburg launched warning strikes on Monday, with the works council accusing shareholders of…
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Big drop in German consumer confidence beats hopes of economic growth
A key survey shows Germans preparing to tighten their belts rather than boost private consumption, the sector which provides half…
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German: Business morale worsens – what is at risk for industry?
German business confidence fell sharply in November, with the Ifo Index hitting its second-worst level since January. Rising costs, energy…
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German producer prices stay subdued as energy prices heat up
The producer price index, which looks at the average change in selling prices that domestic producers get for their services…
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Thyssenkrupp’s steel division sees valuation slump
The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise. ADVERTISEMENT Thyssenkrupp…
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Germany`s IG Metall and employees reach agreement over wage dispute
The deal, watched by the European Central Bank for its effect on inflation, comes at a tough time for Europe’s…
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Thousands of jobs to go at German car parts maker Schaeffler
The company is downsizing at 10 locations in Germany and five other sites in Europe, further illustrating the challenges facing…
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