Germany
Telefonica revenue decreases 5.9% in 2Q in Germany
BERLIN: Telefonica reported 12.7 billion euro ($14.07 billion) in revenue for the second quarter of 2016, down 7.7% compared to...
German weapons dealer sentences to prison for 5 years
BERLIN: One of Germany's most prolific covert weapons traders was sentenced to five and a half years in jail on...
Sky launches MasterChef formatted Sky 1 in Germany
MUNICH: Sky in Germany is launching Sky 1 as its flagship entertainment brand this November with a slate that includes...
Volkswagen revenue ups 1.7% in 2Q
BERLIN: Volkswagen AG reported a 56% drop in second-quarter profit, hit by costs stemming from its emissions-cheating scandal and weaker...
Bayer boosts forecasts
BERLIN: German chemicals and pharmaceuticals powerhouse Bayer AG upped its growth forecasts for the year after a strong second quarter...
Brexit disturbs German export manufactures
BERLIN: The export expectations of German manufacturing firms weakened in July, partly due to concerns relating to Britain's vote to...
Deutsche Bank’s net income plunges in 2Q
BERLIN: Deutsche Bank, the German bank which is an important part of the global financial system, announced revenue and income...
Brothers arrested with heroin and cannabis
BERLIN: Sean Kenny, 23, and his brother James, 21, were arrested as police waited for them at a railway train...
German inflation picks up
FRANKFURT: Inflation in Germany accelerated fractionally in June, buoyed by rising food prices and shallower declines in energy prices, final...
Brexit to cause setback in German-UK trade, economic ties – German official
BERLIN: The decision of the United Kingdom to leave the European Union will lead to setback in German-UK trade and...
Armenia, Germany sign tax treaty, eye further cooperation
BERLIN: Armenia and Germany signed an intergovernmental agreement to avoid double taxation of income and property here the other day....
RWE, Qatargas sign 7.5 year deal for LNG deliveries to Europe
BERLIN: RWE has signed a seven and a half year deal with Qatargas for liquefied natural gas (LNG) deliveries into...
Brexit vote brings Germany-U.K. trade relationship into question
FRANKFURT: Looming negotiations of the U.K.’s exit from the European Union promise to be a heated political debate influenced by...
Siemens halts plan to export wind turbines from U.K.
BERLIN: Siemens AG will freeze new wind power investment plans in the U.K. until it has further clarity on the...
German inflation picks up in June
BERLIN: Germany's annual inflation rate picked up for the second consecutive month in June, as the drag from energy prices...
German manufacturers’ export expectations rise significantly in June: Ifo
MUNICH: German manufacturers' expectations in export growth rose notably in June compared to last month, research group Ifo institute reported...
Sanofi, Boehringer ink deal
BERLIN: Sanofi has agreed to a 22.8 billion euros (US$25.1 billion) asset swap with Germany’s Boehringer Ingelheim GmbH to bolster...
German business climate index continues to rise in June: Ifo
MUNICH: The Ifo Business Climate Index for industry and trade in Germany rose to 108.7 points in June from 107.8...
Henkel buys Sun Products
DUSSELDORF: Henkel AG agreed to buy US laundry and home-care company Sun Products Corp from Vestar Capital Partners in a...
German football sees TV revenue jump 85% to €1.16 billion a season
BERLIN: The German football governing body has announced that TV revenues in Germany will jump by 85% from 2017-18 to...
