Germany

Europe News

German government on edge as Scholz fires his finance minister

"He has broken my trust too many times", the chancellor said of his Finance Minister Christian Lindner.

06/11/2024

Business

Hugo Boss faces sales target delays amid weak demand in China

The German luxury brand, Hugo Boss, has warned of potential delays in reaching its ambitious 2025 sales target due to tepid consumer demand, especially in China.

06/11/2024

Europe News

Germany arrests eight over alleged neo-Nazi government takeover plot

The "Saxon Separatists" extremist group trained in combat with a view to seizing power in eastern Germany, according to prosecutors.

05/11/2024

Europe News

Germany and the UK sign a new defence pact, but will it help NATO?

Germany and the UK signed a significant defence treaty last week, but will it be enough to salvage NATO as Europe gears for a new change of US president this week?

04/11/2024

Germany

Germany shuts Iranian consulates over execution of Jamshid Sharmahd

Berlin says relations with Tehran are at 'a low point' after the German-Iranian prisoner was executed in Iran on terror charges

31/10/2024

Europe News

Manhunt in Berlin after bag with explosives abandoned at train station

Police in Germany say the search is ongoing but that the identity of the suspect and circumstances behind the incident are unknown.

31/10/2024

Business

Siemens buys US software group Altair in deal worth billions of euros

Siemens will buy American software firm, Altair Engineering, in a deal valued at more than $10bn (€9.2bn). The German technology conglomerate said that the deal would strengthen its leadership in industrial software and AI.

31/10/2024

Business

Volkswagen's earnings disappoint as shares plunge to 24-year low

Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China. Challenges in the EV market and regulatory pressures are straining profitability.

30/10/2024

Economy

Switching to EVs could cost German car industry 186,000 jobs by 2035

EV car production requires fewer employees overall than in the past, according to new report findings.

30/10/2024

Economy

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 on sentiment.

29/10/2024

Germany

Could Berlin have saved Jamshid Sharmahd from execution in Iran?

Following the execution of the German-Iranian Jamshid Sharmahd, the German government has been accused of failing to do all it could to save him.

29/10/2024

Business

Volkswagen set to close three German plants and cut thousands of jobs

Further talks are planned between Volkswagen and trade union leaders on Wednesday.

28/10/2024

Economy

End of economic crisis? DAX rises as German business sentiment surges

The DAX index rose during the end of the week as improved German business sentiment and positive private sector data rescued investor confidence. The Ifo Business Climate Index increased for the first time in six months, offering a light at the end of the tunnel.

25/10/2024

Europe News

German arms exports to Israel increase despite sales ban rumours

New figures show that Germany's export of arms to Israel have increased sharply from August onwards, with a much higher figure than was previously reported for the year thus far.

24/10/2024

Europe News

Does Germany need to reform its pension system?

With politicians focussing on poverty in old age, many are calling on the German government to reform the pension system. But how serious really is the situation?

23/10/2024

Business

Mercedes-Benz seeks to plug gap with own battery recycling factory

Mercedes is opening its own battery recycling plant in southern Germany, in an attempt to recover raw materials such as nickel, cobalt and lithium.

23/10/2024

Germany

Russian man charged over killing of two Ukrainian soldiers in Germany

The double murder in Bavaria allegedly saw the suspect lash out with a knife after an argument over the morality of Russia's ongoing full-scale invasion.

23/10/2024

Europe News

Elon Musk accuses German magazine of encouraging his assassination

In an article arguing the tech billionaire is a threat to democracy in the US, Der Spiegel drew a parallel between the X owner and Nazi-era media mogul Alfred Hugenberg.

22/10/2024

Germany

Order pizza, get cocaine: Düsseldorf pizzeria busted for drug scheme

The pizzeria manager and several other suspects were arrested, with police seizing drugs, weapons, and cash. The operation also uncovered two cannabis plantations.

22/10/2024

Europe News

Berlin WWII sexual abuse memorial leads to international row

A Korean NGO says it will sue the German capital's district, which ordered the removal of a statue memorialising sexual abuse victims during World War II after calls from Japan.

22/10/2024

Business

German tech giant SAP raises full-year outlook on cloud hopes

Europe's largest software company, SAP, has reported third-quarter earnings that exceeded analysts’ expectations and raised its full-year outlook for key metrics.

22/10/2024

Culture news

German Peace Prize winner appeals for arms for Ukraine

Pulitzer Prize-winning writer Anne Applebaum was awarded this year's Peace Prize of the German Book Trade. During her acceptance speech, she argued that "‘I want peace’ is not always a moral argument."

21/10/2024

Europe News

Man suspected of planning attack on Israel embassy arrested in Germany

German authorities have arrested a Libyan man with suspected ties to the extremist group Islamic State who was allegedly planning an attack on the Israeli Embassy in Berlin.

20/10/2024

Destinations

Dresden: I visited this bohemian German city by sleeper train

I tried out the new night train to this eclectic east German city.

20/10/2024

Germany

Biden says forging ceasefire in Lebanon could be easier than Gaza

British Prime Minister Keir Starmer said allies were working to de-escalate tensions in the Middle East and agreed that there was no 'military-only solution' as fighting between Israel and Hezbollah continues.

19/10/2024

Europe News

US President Biden meets with Scholz, Macron and Starmer in Berlin

US President Joe Biden made a flying visit to Berlin on Friday, spending less than 24 hours in the German capital to meet with German, French, and British leaders for discussions.

18/10/2024