Siemens Energy shares slide 35% after company seeks support from German government

[ad_1] Siemens Energy site in Muelheim an der Ruhr, Germany, August 3, 2022. Wolfgang Rattay | Reuters Shares of Siemens Energy tumbled 35% on Thursday after the company sought guarantees…

Debt, guilt and Swabian housewives: debate on German borrowing rule heats up

[ad_1] It is Germany’s version of Brexit — an act of national self-harm that has placed it at a massive disadvantage to its peers and “strangled its own investments in…

Chinese and German manufacturing sectors boosted by new orders, UK lag

[ad_1] China and Germany’s manufacturing PMIs came in above expectations, however, UK’s struggled with falling foreign demand ADVERTISEMENT China’s manufacturing sector is showing signs it may finally be on the…

German city halts company’s plan to boost weapons production for Ukraine

[ad_1] The city council of Troisdorf in Germany has disrupted the expansion plans of Diehl Defence, one of the largest arms companies in the country, to produce weapons for Ukraine,…

Wolfgang Schaeuble, veteran of German politics, dies at 81

[ad_1] FILE PHOTO: Then-German Finance Minister Wolfgang Schaeuble gestures as he attends a meeting in Berlin, December 2, 2014. The former finance minister has died at age 81. REUTERS/Hannibal Hanschke/File…

German unemployment at highest rate in more than two years

[ad_1] Europe’s biggest economy is losing momentum and it’s dragging down the labour market too, latest data shows. ADVERTISEMENT Germany’s unemployment reached 5.9% in November, up from October’s 5.8%, according to…

German political heavyweight Wolfgang Schäuble dies aged 81

[ad_1] Wolfgang Schäuble, who helped negotiate German reunification in 1990 and as finance minister was a central figure in the austerity-heavy effort to drag Europe out of its debt crisis…

Legendary German politician Wolfgang Schaeuble dies at 81

[ad_1] The former statesman and finance minister during the euro debt crisis was also known for his role in the reunification of Germany. ADVERTISEMENT Wolfgang Schaeuble, who helped negotiate German…

Wolfgang Schaeuble, German elder statesman and finance minister during euro debt crisis, dies at 81

[ad_1] BERLIN (AP) — Wolfgang Schaeuble, who helped negotiate German reunification in 1990 and as finance minister was a central figure in the austerity-heavy effort to drag Europe out of…

Top German firms’ business slowed down in 2023, survey shows

[ad_1] Germany’s top 100 listed companies have felt the impacts of the challenging business environment this year, according to a recent study by the auditing firm EY. According to the…