The Economy Ministry said industrial production rose 2.5% in March over February when adjusted for […] Germany + Business . A criminal gang is believed to be behind what is the worst cyberattack on US infrastructure. When it comes to carbon emissions, the car industry often finds itself in the spotlight. The Dorint Hotel Group has filed a constitutional complaint over what it deems unfair treatment. What's behind the megadeals? National news magazines. French President Emmanuel Macron is pushing to water down the eurozone's budget criteria. An entertaining blend of Germany's latest news headlines, politics, sport, business, and features. By Reuters Staff. All rights reserved. Here you can also read everything important about the Corona pandemic. German Business Outlook Worsens Due to Virus, Supply Squeeze By . Deutsche Welle. Legal notice | | Mobile version. To keep it in check, more coordinated efforts are needed and come September the tone from Germany may be decisive. Alexander Weber. The EU's economy commissioner says diplomatic tensions have made conditions for the deal "unfavorable.". 09/02/2017 Business Bill and Melinda Gates have pledged to continue their philanthropic work together despite their divorce. On April 26, 1956, a freight shipping container was sent out into the world for the first time. FRANKFURT, Germany (AP) — Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home market Germany trailed the ongoing recovery in global car markets from the worst of the pandemic shutdowns. Extensive use of … But now Tesla's days as the leader of the EV pack might be numbered. Daily news from Germany written in English by native English-speaking journalists. DW's Business News offers a global perspective of the most important economic events of the day in 13 minutes. Latest breaking news and economic reports on Germany, including politics and cultural events. India is among the countries hardest hit by in the second wave of the COVID-19 pandemic — not only in terms of human life, but also economically. Experts say a free trade agreement would boost post-pandemic recovery in both regions. Germany's largest airline has suffered another massive loss in the first quarter as the pandemic continues to cripple the travel branch. German business optimistic, but supply chain troubles weigh. German economic expectations improved significantly in May, reaching its highest value in more than 20 years, the ZEW economic research institute said Tuesday. Facebook Messenger Web Select the subjects you want to know more about on euronews.com reddit Carnival Corporation & plc (CCL,CCL.L,CUK) announced Friday that its German cruise line AIDA Cruises will offer new cruises in Greece from May 23 through October The 7-day cruises will depart from Corfu and travel through the … The German government said while they support global vaccine supplies, "the protection of intellectual property is a source of innovation and must remain so in the future.". Privacy Policy | But other industries also want to take advantage of this green energy. t-online. German vaccine maker BioNTech reports booming Q1 profits 10.05.2021 The pharma company raked in €1.13 billion between January and March. A German property group has gone bust, with indications it was a seriously fraudulent enterprise. Wirtschaftswoche is a German weekly business news magazine published in Germany. Dorint says smaller firms have benefited more from government financial assistance during the pandemic. Protests against the bill have left at least 19 dead. Expectations were high for Angela Merkel as she spoke one last time at the Petersberg Climate Dialogue. A new climate-friendly filter system hopes to change that. It's a rare example of a female executive making it to the summit in the German business world. Its target audience is managers and business people. Can it succeed? in David AL Levy and Rasmus Kleis Nielsen, eds. From Bob Dylan to Shakira and now the Red Hot Chili Peppers, many music superstars are selling their song catalogs for hundred-odd-million sums. Or are they another form of greenwashing? The deal marks the first time the powerful coal mining sector has agreed to reduce its presence in Poland. Its future looks uncertain, with calls for Irish unity growing. German Business Optimistic, but Supply Chain Troubles Weigh. With clean water scarce in the country, locals use wood and coal to boil and sterilize it. (Bloomberg) -- German businesses unexpectedly became more pessimistic about the economic outlook as the country continues to battle a stubbornly high … Business Locals' views on German Tesla plant irreconcilable as production start faces delay. Environmental concerns cast a shadow over the crop in other parts of the world. German Business Optimistic, but Supply Chain Troubles Weigh. Some experts, however, say that might prove to be easier said than done. Or do we need to stop flying altogether? What will African farmers do differently? Selection of newspapers and online news in Germany - newspapers, business news, entertainment, TV stations and portals Top 30 German Newspapers Online - Berlin News - AllYouCanRead.com Top 30 German Newspapers Online More . Tesla has revolutionized the auto industry, building cars for the future even as legacy carmakers could barely take their eyes off the rearview mirror. A study by the UNCTAD said online sales accounted for almost a fifth of turnover last year. A German state eases restrictions for immunized people. But do such schemes work? Phubbing, or snubbing someone in front of you in favor of your phone, has become a big problem. The measure of economic expectations rose to 84.4 in May from 70.7 in April, the institute said. The amount of fairly traded goods has gone down globally during the coronavirus crisis But Nyagoy Nyong'o, the chief executive of Fairtrade International, says she's optimistic the trend can be reversed before long. It's useful to bear the German experience in mind as the US again tackles its 'immigration crisis'. … Dozens of companies are threatening to stop using Brazilian produce amid concerns that the proposed law could accelerate deforestation. The European Union has cemented its support for the German-US vaccine technology by placing a massive order. Tesla's recent decision to make the plant even bigger has widened the rift among locals. Vaccine makers are ramping up production. Our phones keep us connected and help maintain relationships, but in some ways they drive a wedge between us, too. Arlene Foster's resignation as first minister points to political chaos in Northern Ireland. But it still depends on dirty fossil fuels, and is building more coal power plants. © 2021 Guardian News & Media Limited or its affiliated companies. The tourism sector is hoping for a boost amid the easing of coronavirus restrictions. Your support powers our independent journalism, Available for everyone, funded by readers, Across Europe, worker-led delivery collectives are springing up to reclaim control from corporate platforms, Bank acts to recoup funds through courts against metals trading firm as Gupta tries for “standstill” deal with Greensill administrators, Travel company says vaccination programmes and government initiatives are helping bookings, Law firm representing UK owners claims German marque installed ‘defeat devices’ in diesel cars, Family investment firm of French billionaire Bernard Arnault, and L Catterton agree €4bn deal. Since Der Spiegel is an actual German news site, it’s best tackled by intermediate B1/B2 learners. German companies defied the coronavirus crisis to increase their exports for the eleventh month in a row in March, data from the Statistics Office showed today. Germany Business News Monitoring. New Merck CEO Belen Garijo is the second women to reach the top of a DAX company, and the only one to hold the reins alone. Jerome Kim, director of the International Vaccine Institute in South Korea, told DW that successfully producing and distributing complex vaccines in developing countries will take more than access to biotech secrets. Twitter Read and watch to learn about international markets, companies and the powers who drive them. EMail Some believe Ether will eventually unseat Bitcoin as the world's top cryptocurrency. Carmaker Audi will not need to pay compensation to car owners for the time being. Turkey, Germany agree to develop energy projects. Turkey’s top business group sees opportunity to boost ties with Germany. Telegram Mass Communications, Society, and Politics from the Empire to the Third Reich (Oxford University press 2010) 448pp; Esser, Frank, and Michael Brüggemann. Budget commissioner Johannes Hahn says the bloc's one-size-fits-all rule for total public debt is no longer appropriate. Send The following is a list of daily business newspapers, divided by country and region. The earnings underscored the German auto industry’s strong connections with China; competitor Volkswagen said Wednesday that it recorded a 61% increase in first-quarter unit sales there, helping it … German Health Minister Jens Spahn briefs the media during a news conference on the progress of Germany's vaccinations campaign against the coronavirus in Berlin, Monday, May 10, 2021. The coin, valued at $70 billion, began as a joke but ironically, it is itself rather sensitive to jokes, as an Elon Musk gag revealed. An exception was the company’s home market in Germany, where sales dropped 5%. But some economists don't think that's a good idea. Germany's central bank is moving faster than planned to bring much of its gold reserves to Frankfurt from storage in places like New York and Paris. Senegal's female fish processors are particularly vulnerable to the impact of the coronavirus pandemic. © 2021 Deutsche Welle | DW takes a closer look. Since Tesla announced the building of a Gigafactory near Berlin, construction has been accompanied by support and protests. We use cookies to improve our service for you. After a ransomware attack on an oil pipeline in the US, its owner is struggling to bring its delivery system back. Posted by Reuters 6 days ago. Since the start of the outbreak, Germany has … April 2021. German business outlook plunges due to virus lockdown. Germany’s business sentiment figures for March … But why has Big Tech come under so much fire? As the harsh realities of China's growing power sink in, the country's appeal is diminishing in the West. Although nowhere near as known as the Wirecard scandal, the case is arguably far more consequential for ordinary people. The US will start talks with the WTO to get the COVID jab more "widely shared" amid pressure to waive patent rules. How did the pumps reach the annexed Ukrainian peninsula under the EU current sanctions? Russia is supplying parts of Crimea with water using Danish water pumps equipped with Siemens motors. The euro area will see a sharp rise in prices as a vaccine-led recovery gathers steam, but there are several reasons why the inflationary trends will be short-lived and are unlikely to spiral out of control. Using hydrogen as a source of energy is gaining traction globally. Breaking news headlines about German Economy linking to 1,000s of websites from around the world By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set cookies to improve your experience and customise advertising. BERLIN (Reuters) - German companies are increasingly optimistic about their operations in China and North America, a survey issued on Tuesday by the German Chambers of Commerce found, but they took a dimmer view of their prospects in eastern Europe and South America. linkedin. Australia has canceled infrastructure projects that were meant to boost trade with Beijing. An entertaining blend of Germany's latest news headlines, politics, sport, business, and features. Europe's Nordic countries are popular for sustainable cryptomining because electricity there is cheap and mainly comes from renewable sources. However, the German system was always about short-time working - allowing employers to reduce employees' hours while keeping them in a job. The iPhone maker unfairly puts music-streaming rivals at a disadvantage due to its App Store rules, the EU's competition commissioner has said. Contact The carmaker presented an all new electric S-Class Thursday, its first ground-up electric vehicle. In East Africa and Nigeria, avocado farmers want to enter the insatiable export market. german business News. The bankruptcy at Greensill Bank in Bremen has dealt a blow to many German cities and municipalities. German export growth came in at … The cryptocoin has been the best performing cryptocurrency over the past year. German business sentiment and 4 th quarter GDP numbers from Spain are due out later today. And the first travel easements are in sight. BERLIN (AP) — German investors are increasingly optimistic about the country's economy as the latest surge of new coronavirus infections seems to be slowing, a closely-watched survey showed Tuesday. Germany’s disease control agency reported 18,485 newly confirmed cases Thursday, and 284 deaths. The second-largest cryptocurrency has quadrupled in value this year. But environmentalists, farmers and agrochemical companies are at odds over a potential switch to organic agriculture. Berliners have an idea. The plaintiff took multinational companies to court over the supply of the defoliant to the US army. Marks the first quarter as the leader of the coronavirus pandemic data Analysis... Holding a referendum that could result in a job time being water scarce the! Catalogs for hundred-odd-million sums as a source of energy is gaining traction globally the coal... Resigned a day after Colombia 's President withdrew a controversial tax reform proposal Hot... Points to political chaos in Northern Ireland weight of the EU secures trade deals with Southeast Asian nations, industry! Total public debt is no longer appropriate coronavirus lockdown making it to the summit the. Media Limited or its affiliated companies Nordic countries are popular for sustainable cryptomining because electricity there cheap... 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