German economy
- Europe
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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German consumer climate reaches 18-month high as income optimism rises
Germany’s consumer confidence inched upwards in October, marking its most optimistic point since April 2022, though challenges continue to weigh…
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Tesla gets go-ahead for controversial factory expansion in Germany
The US electric car maker has plans to build the biggest car plant in the country, manufacturing one million cars…
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Germany’s economic sentiment improves, DAX index hits record highs
October’s rise was driven by interest rate cut expectations and export optimism, despite a worsening current outlook. The DAX hit…
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Eurozone: August retail sales rise, but Germany’s factory orders sink
Eurozone retail sales grew 0.2% in August, rebounding from July’s flat reading, while Germany’s factory orders plunged 5.8%, marking their…
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German unemployment unchanged but signals weak performance
The German labour market usually picks up in September after the summer, but unemployment decreased much less than usual this…
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Commerzbank takeover: Germany questions UniCredit’s ‘hostile’ strategy
UniCredit’s bid to raise its stake in Commerzbank to 29.9% faces German resistance. The European Commission sees potential benefits in…
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