Latest in Tag: German Highlight
Latest in Tag: German
Greenpeace: German shift to green energy in ‘mortal danger’ from TTIP
As EU and US negotiators have begun a new round of talks on the TTIP free trade pact, Greenpeace has published leaked documents, saying they would show Germany’s drive toward renewable energy is in ‘mortal danger.’
Matthias Sammer leaves Bundesliga champions Bayern Munich
Sammer has been at the head of Bayern Munich’s sporting operations since 2012, in which the club has won every league championship since. He has suffered health issues in recent months.
Lewis Hamilton wins British Grand Prix for third time in a row
Lewis Hamilton led from the front to win his home Grand Prix for the third successive year. The victory means reigning champion Hamilton cuts his German teammate Nico Rosberg’s championship lead to four points.
OECD: German employment boost to end this year
OECD researchers have said employment growth in Europe’s powerhouse will peter out in the second half of 2016. The organization warned the huge influx of migrants would take its toll on the labor market.
German firms to reduce investments in UK
Quite a lot of German companies look set to lower their investments in the UK after the British vote to leave the European Union. But much will depend on Brexit negotiations between the EU and Britain.
‘As a Black person in a white society, I can have an impact,’ says author Sharon Dodua Otoo
British writer Sharon Dodua Otoo just won the prestigious Bachmann Prize for a story she’d “accidentally” written in German. DW spoke with her about Brexit, xenophobia and life as a Black person in Berlin.
German government endorses balanced budget policy
The German cabinet has thrown its weight behind Finance Minister Wolfgang Schäuble’s draft budget for next year and his financing plans up to 2020. The main message is no fresh borrowing will be needed.
German arms exports keep rising in 2016
The German government has approved over 4 billion euros worth of arms exports in 2016 so far, a newspaper report has claimed. The figure marks a renewed increase in controversial weapons deliveries.
German unemployment falling further
Joblessness in Europe’s biggest economy has never been lower in more than a quarter century, dropping below 6 percent for the first time since June 1991 as healthy economic growth causes companies to continue hiring.
VW: Compensation claims and a lot more
German carmaker Volkswagen and US authorities are expected to reach a settlement agreement, which might make it clear for the first time how much the “Dieselgate” emissions-cheating scandal would cost the company there.
German business leaders not amused by Brexit
German business leaders have said the news about Britain resolved to leave the European Union has come as a shock to them. There’s agreement that the decision will deteriorate bilateral trade relations.
Voith denies reports to sell Kuka stake to Midea
Chinese company Midea has moved closer to a controversial takeover of the German robotics firm Kuka. Some German politicians hoped that Voith would hold onto its shares to prevent the politically sensitive purchase.
German soccer association extends contract with Adidas
Spurning Nike yet again, Germany’s national soccer association has chosen to stay teamed-up with Adidas as its supplier. However, keeping up with the reigning World Cup winners comes at a price for Adidas.
German Bund yield drops to historic low
For the first time in modern German history, the yield of the country’s benchmark 10-year debt – also known as Bund – has fallen below zero percent as investors rush to safety ahead of Britain’s Brexit referendum
German cabinet puts brakes on clean energy transition
The German government has agreed on a new reform of electricity markets. It’s likely to slow down the transition to a clean energy future, removing wind from the sails of the German Energiewende. Critics are appalled.
Social media trolls in Turkey attack German parliamentarians over Armenia resolution
Death threats against German parliamentarians on social media in Turkey are raising concerns. Experts looking at threats and hate speech in Turkey, say this mob mentality is part of the dominant political culture.
Chinese company buys ailing Frankfurt Hahn Airport
A Shanghai construction company has bought a majority share in the long-stagnant airport, hoping to see its business take off again. It’s betting that tourists and trade with Asia will be the salvation.
Mercedes sales jump 13 percent
The popular German automaker said it sold 170,625 vehicles in May, more than it moved one month ago. With the rise, Mercedes has kept up a momentum that has been building since the beginning of the year.
German government may head off Chinese takeover of robotics firm Kuka
A German newspaper says the government is trying to put together a consortium of European investors to buy Kuka, a leading German robotics maker. The aim is to prevent a takeover of Kuka proposed by a Chinese firm.
Volkswagen profit tumbles on dieselgate costs
The troubled German auto maker has reported a steep drop in net profit for the first quarter of 2016, but described its result as “solid” in view of “challenges” arising from its diesel emission-cheating scandal.
VW mulls e-battery factory of its own
Media reports have suggested German carmaker Volkswagen is considering building its own battery production facility to foster e-mobility. It could be a crucial move to lessen dependence on Asian producers.
Monsanto rejects Bayer’s takeover bid
US agribusiness giant Monsanto has rejected a multi-billion takeover bid by German pharma and crop science firm Bayer, saying the offer was too low. However, they were open to further talks on a merger, they said.
5 things Alexander Gerst will have to do as International Space Station commander
German astronaut Alexander Gerst says he has a lot to learn before his next mission to the International Space Station in 2018. It will be his first as ISS Commander. What exactly will he have to do?
Why the German entry is a top contender for the Cannes Golden Palm
The German drama “Toni Erdmann” is a hot contender for the Golden Palm award at the 2016 Cannes film festival. Critics favor director Ade’s film, but in the end, it’s up to the jury to decide on Sunday.
Operating profit rises at RWE, so does net borrowing
German energy giant RWE has posted better-than-expected earnings for the first quarter of the year. But the utility continues to grapple with slumping electricity prices and the nation’s gradual exit from nuclear power.
Siemens drop in net profit belies strong quarterly performance
German industrial giant saw its net profit fall between January and March – but only because of large one-time gains in the previous year. Its underlying profit jumped by nearly a third, and its order books are full.
‘Do you really need a new smart phone – or do you just want one?’
When consumers constantly upgrade to the latest smart phone, this carries a heavy environmental cost. Although recycling helps, the underlying problem is economic growth versus the environment. How can this be solved?
German companies to visit Egypt to finalise agreement on automotive imports: EEC head
German companies will assess Egypt’s potential to export automotive components, says Abu Frekhha
German companies seek Egyptian partners in renewable energy: GACIC CEO
The German-Arab Chamber of Industry and Commerce is in talks with Engineering Export Council to import Egyptian automotive components, says CEO
€6bn expected increase in Egyptian-German trade exchange: Egyptian Industry Minister
There is potential for investment in the fields of mining, gas and solar power, says GACIC CEO