Latest in Tag: German Highlight
Latest in Tag: German
Opinion: This relegation is on Martin Kind
Following their latest defeat, Hannover 96 are all but certain to be relegated from the Bundesliga at the end of this season. It is all the club president’s fault, writes DW’s Tobias Oelmaier.
The end of VW in the US?
Volkwagen is struggling with US authorities for a solution to the emissions scandal, without one in sight. Could the days of the German carmaker be numbered in the cutthroat American market?
Celebrating German literature at the Leipzig Book Fair
This major German book fair also claims to be the largest reading festival in Europe. An important award ceremony kicks off the event on March 16, before it opens its doors to the public over four days.
Deutsche Bahn posts first loss in 12 years
The German rail operator booked a heavy loss for 2015 despite record turnover. Problems in its cargo unit, a protracted train drivers’ strike and restructuring efforts affected the bottom line.
German security experts complete inspection of Hurghada airport
The delegation also reviewed security in Sharm El-Sheikh and Marsa Alam airports
German exports hit new record high
Despite a slowdown in the global economy, German exporters have been able to ship more goods abroad than ever before. A brief December dent was not enough to spoil the party over record-breaking full-year trade figures.
German unemployment hits 24-year low
The number of jobless people in Germany has dropped to levels not seen since the early 1990s. While 2015 saw another decrease in unemployment overall, the rate was slightly up in December, the labor office reported.
German stocks index rises for fourth consecutive year
Germany’s blue-chip stocks index, the DAX-30, has completed a fourth year of a rising trend as 2015 comes to a close. An index of European blue chips also rose, albeit by only half as much.
Christmas in German families 1945-2015
No matter what Germans may think of the Christian origins of Christmas, they cannot imagine the event without their beloved Christmas tree. But over time, that tree has undergone quite a bit of change.
German emissions scandal threatens to engulf Mercedes, BMW
German auto giant Daimler has made legal threats against an environmental group after it tested diesel cars. The results appeared to show that Mercedes and BMW models are also cheating on emissions tests.
A scandal-filled year for FIFA and the DFB
Arrests, revelations, resignations: 2015 was a year that shook FIFA and the German FA to their very foundations. With scandals still in high gear, the fun promises to continue into 2016.
German cartel office rules on booking.com’s best-price clause
Germany’s Federal Cartel Office has lashed out against a best-price clause in use at the bookings.com online hotel booking platform. Regulators said the practice ran afoul of the country’s competition laws.
Fraport to manage 14 Greek airports
German airport operator Fraport and a Greek partner company owned by one of Greece’s biggest business magnates are to manage 14 airports in Greece under contract to the Greek government. Some details remain sketchy. A consortium majority-owned by Fraport, Germany’s biggest airport operating company, and minority-owned by Greek conglomerate Copelouzos Group, announced on Monday it …
German Word of the Year 2015 is ‘FlĂĽchtlinge’ – refugees
The Society for the German Language has revealed the word encompassing this year’s politics the best: Without a doubt, the dominant issue in Germany was refugees. Discover the Words of the Year of the last seven years. The Wiesbaden-based Society for the German Language (GfdS) has chosen the most important word of the year since …
Democracy for sale: German Bundestag offers souvenirs
From souvenirs such as shirts and hats to writing utensils and quizzes, the new Bundestag store sells a wide variety of products branded with the German parliament’s insignias. Sipping coffee from a mug with a Bundestag eagle on it? Staying dry under an umbrella resembling the Reichstag’s dome? All of this is possible now that …
German media report suggests a ‘winter upsurge in refugee numbers’
The German government’s forecast of falling migrant numbers during the winter might be flawed, according to a German media report. Various factors could cause an upsurge in the number of people seeking refuge. The Welt am Sonntag newspaper cited “intelligence services” saying that the worsening situation in Syria could only drive up the number of …
Brakes on for new DFB president
The German FA has put the brakes on the process of selecting a new president to replace Wolfsgang Niersbach, who stepped down earlier this month. This came amid a scandal linked to the awarding of the 2006 World Cup. The presidium of the DFB (German FA) failed in a meeting at its Frankfurt headquarters on …
Of refugees and returnees
Many are calling for stricter control of the refugee flow fearing that terrorists could be among the refugees. Others say German or French extremists who fought in Syria and are returning home pose a bigger danger. After it became known that police found the passport of a Syrian refugee at one of the crime scenes …
German auditors warn of risks to balanced budget
A German financial watchdog has warned the German government’s preoccupation with balanced annual federal budgets covers up a number of underlying risks. They point to grave structural discrepancies. According to a fresh analysis by Germany’s Supreme Audit Institution, huge financial risks hide behind the shining facade of the government’s 2016 draft budget, which once again …
German utility Eon books record loss
German power supplier Eon has reported a hefty loss for the first nine months of the year as major write-downs on power stations keep weighing on the firm. The company will be split up by the end of 2015. Germany’s largest energy producer, Eon, on Wednesday reported a record loss of almost 5.7 billion euros …
Volkswagen – a tumbling giant?
The current crisis over the systematic cheating on US emissions tests is weighing down on the reputation of the German auto maker Volkswagen. Here are some facts and figures on the Wolfsburg-based company. Size With 600,000 employees and annual revenues of 200 billion euros ($224 billion), Volkswagen is one of the flagships of German industry. …
German farmers to profit most from EU financial aid
EU agriculture ministers have said German farmers are to get the biggest chunk of a special aid package. It’s designed to compensate them for rapidly dwindling milk and pork prices as a result of overcapacities. At their regular meeting in Luxembourg, EU agriculture ministers on Tuesday agreed Germany should get 69.2 million euros ($78.2 million) …
High level German businessmen delegation visit Egypt
Bilateral trade between Egypt and Germany amounted to €4.4bn in 2014
Season of change at the Beethovenfest
“Before one can portray something, one must embody it,” Beethoven once said. Beethovenfest director Nike Wagner seems to take the saying seriously. This year’s festival program is all about change. In musical terminology, the German word “Veränderungen” (changes) has a dual meaning: “variations,” a compositional technique strewn throughout Beethoven’s oeuvre. Works with musical variations are …
Wolfgang Niersbach: ‘A pilgrimage site for fans’
In October, the German football museum will open in Dortmund and for German FA President Wolfgang Niersbach, it’s a project close to his heart. In an interview with DW, he revealed just how excited he was. DW: Wolfgang Niersbach, what does this museum mean to you? Wolfgang Niersbach: This is the realization of a great …
German peace prize for Syrian poet Adonis sparks outrage
Syrian poet Adonis has not vocally criticized the Assad regime. Now the decision to award him a German peace prize named after the pacifist writer Erich Maria Remarque is under fire. Literarily, Ali Ahmad Said, who uses the pen name Adonis, never budged. For decades, he has shaped the avant-garde poetry scene not only in …
Lufthansa pilots threaten more strikes
Lufthansa pilots have said they could engage in more strike action soon, following failed collective bargaining negotiations with management. Union officials said the airline’s executives had turned down a savings plan. Members of the German pilots’ union Vereinigung Cockpit (VC) said Wednesday top-level talks with Lufthansa CEO Carsten Spohr had failed to make progress on …
German business confidence rises unexpectedly
A closely watched survey has revealed renewed confidence in the German economy despite market turbulence in China and concerns over the Greek debt crisis. Managers’ assessments of business were surprisingly upbeat. Business sentiment in Germany remained unexpectedly robust in August, the Munich-based Ifo think tank said Tuesday. The institute recorded an uptick of 0.3 points …
Allianz profits on track, but stock sags
Europe’s biggest insurer has confirmed its full-year earnings forecast as a result of low damage claims and gains from asset sales. But investors were unimpressed, pegging the stock lower. German insurer Allianz announced Friday it would post operating profit at the top of its target range this year, with earnings predicted to reach 10.8 billion …
BMW earnings hit by weak Chinese market
German luxury carmaker BMW has seen its profit drop in the second quarter as demand in the world’s largest auto market, China, slumped markedly. But the company said it relied on a speedy rebound there. Earnings before interest and tax dropped by 3 percent in the second quarter year-on-year, BMW Group reported Tuesday. The company’s …