English

More about this topic

Business

UniCredit seeks ECB approval for larger stake in Commerzbank

UniCredit seeks the European Central Bank's approval to own up to 30% of a stake in Commerzbank, potentially triggering a full buyout deal of Germany's second-largest lender by assets.

Europe News

Not-so-well-liked: Who are Europe's most unpopular leaders?

German Chancellor Olaf Scholz's approval rating has hit a new low of just 18%, according to a recent survey. In Europe, he is not alone.

Europe News

Germany reinstates land border checks in much-criticised move

Germany has reinstated border checks at all land crossings on its nine borders to curb migration and tackle crime, according to officials.

Business

BMW took two years to discover billion-euro car fault

The company's shares plummeted last week on its profit warning as it revealed the scale of the problem, with €5bn at one stage being wiped off its value.

ADVERTISEMENT

Germany

Could Brussels get Germany's new border controls revoked?

The German government ordered spot passport controls at all its land borders from Monday morning, going against the EU's free movement principle.

Europe News

Large explosion rocks venue in Cologne city centre

Police have announced a "major operation" and closed a road running between two central locations in the city.

Europe News

Scholz and Mirziyoyev ink worker entry deal in Uzbekistan

The bilateral deal is intended to ease the entry of skilled workers from Uzbekistan to Germany, particularly those working in the healthcare sector.

Business

Danish logistics giant DSV buys Schenker from Deutsche Bahn

DSV will become the world's largest logistics company thanks to the acquisition.

My Europe Series

State of the Union: Germany's border politics and US election campaign

This week, State of the Union focuses on the latest round of immigration politics in Germany and voting patterns in the US and elsewhere.

Business

Denmark's DSV secures Deutsche Bahn unit despite union resistance

DSV will become the world's largest logistics company thanks to the acquisition.

Europe News

Islamic extremist 'plotted to attack German soldiers during lunch'

The suspect allegedly planned to attack the soldiers with 40cm-long machetes.

Europe News

German cannabis clubs irked by cumbersome licence bureaucracy

Germany recently allowed the restricted consumption of cannabis, but clubs that grow and share the plant say they are experiencing challenging levels of bureaucracy.

Europe News

Dutch royals mark 80th anniversary of Netherlands' liberation

American troops from the 30th Infantry Division, known as Old Hickory, were among Allied forces that liberated parts of Belgium and the southern Netherlands from German Nazi occupation in September 1944.

Business

DSV in talks to buy Deutsche Bahn unit amid bidding war with CVC

The €14bn deal still has to be approved by the supervisory board of Germany's state railway.

Markets

Commerzbank shares surge after UniCredit's latest stake acquisition

The Italian banking group announces it has successfully acquired a 9% stake in Germany's second-largest bank, Commerzbank. The deal marks the first step of the German government towards reducing its holdings in the bank.

Markets

Why are these 6 top European carmaker stocks trading at record lows?

European car manufacturers, including BMW, Mercedes, and Volkswagen, face sharp stock declines due to weak demand in China, rising competition, and high electric vehicle costs, pushing investor pessimism to record levels.

Europe News

Major bridge partially collapses into river in Dresden

The partial collapse of the Carola Bridge disrupted major traffic artery in Dresden and left the city without hot water.

Europe News

'Serious politics': Scholz backs government's migration policies

The chancellor stressed that many people from other countries have helped the economy but added that the government must be able to choose who comes to Germany.

Business

Germany approves bailout for struggling Meyer Werft shipbuilder

The federal government and the state of Lower Saxony are collectively buying up 80% of the firm, as the shipbuilder struggles with a nearly €2.8 billion hole in its balance sheet.

Europe News

Neighbours slam Germany over 'unacceptable' border control measures

Poland has deemed Germany's decision to implement border controls "unacceptable," while Austria has announced that it will not accept any migrants who are turned back.