Germany
German exports to Russia slump 34% to 4.4b due to sanctions
MOSCOW: German exports to Russia slumped by 34 percent in the first five months of the year to 4.4 billion...
Cuba, Germany sign MoU to strengthen bilateral bonds
HAVANA: With the aim of strengthening links and establish a practical and effective mechanism for political consultations between foreign ministries,...
German carmaker Daimler planning to test self-driving trucks as early as in 2015
BERLIN: German carmaker Daimler is planning to test self-driving trucks as early as this year, Reuters reported, citing a German...
German Vice Chancellor economics minister rushes to exploit business opportunities in Iran
BERLIN: Rarely in recent years have the foreign travels of a leading German politician caused such a stir as the...
Switzerland, Germany agree deal on cross-border banking
BERLIN: Switzerland and Germany have reached an agreement on the provision of cross-border banking services. The agreement clarifies issues regarding...
European fund for strategic investment proposes to provide loans to cover around 20%
BRUSSELS: The European Fund for Strategic Investment proposes to provide loans to cover around 20% of the cost of infrastructural...
Germany plans €10b trade agreements with Iran
BERLIN: Eric Schweitzer, president of the German Chamber of Commerce (DIHK), says his country plans to double trade with Iran...
Vodafone reports sales recovery as cable business in Germany grows
GERMANY: Vodafone reported a slower decline in sales in the first quarter to 30 June, when revenue fell by 0.9%...
German music market increase sales by 4.4 percent in 2015’s first half compared to 2014
BERLIN: The German music market increased sales by 4.4 percent in 2015’s first half compared to 2014, according to a...
German-Chinese industry 4.0 cooperation entails risks
BERLIN: Germany's economy and energy minister, Vice Chancellor Sigmar Gabriel, was in Beijing on Tuesday to advance German-Chinese economic cooperation...
EU agriculture ministers pummel GMO opt-out plan
BERLIN: EU agriculture ministers were almost unanimous in expressing their scepticism about a European Commission proposal to give individual member...
Germany considers renewable energy and agriculture funding
BERLIN: Germany’s development bank is considering expanding its investments into the Kingdom’s renewable energy and agriculture sectors, a visiting German...
German Crowdfunding Network rejects taxes on capital gains
BERLIN: The German Crowdfunding Network joined a broad coalition of business advocates last month to plead with the German government...
Germany business confidence falls to 107.4 points in June from 108.5 points in May
BERLIN: German business confidence fell to its lowest level in four months in June as the outlook for Europe's biggest...
China slowdown, Greece crisis to damage German economic confidence
BERLIN: Analysts believe a key survey due this coming week will paint a gloomier outlook for the German economy, due...
German Vice-Chancellor takes swipe at Britain over asylum seekers
BERLIN: German Vice Chancellor Sigmar Gabriel criticized Britain for not taking part in a European plan to share the burden...
German Green power forces Neighbors to bolster blackout defenses
BERLIN: Germany’s drive to harness wind and solar power is producing so much electricity that it’s spilling over into neighbors’...
Germans forget postwar history lesson on debt relief in Greece Crisis
BERLIN: As negotiations between Greece and its creditors stumbled toward breakdown, culminating in a sound rejection on Sunday by Greek...
Germany’s Axel Springer, ProSiebenSAT1 likely to merger
BERLIN: Germany’s media group Axel Springer has announced to merge with the television group ProSiebenSAT1. According to Bloomberg News, discussions...
Germany’s factory orders decrease by 0.2% in May
FRANKFURT: The Germany’s industrial orders have decreased 0.2 per cent on month-on-month after witnessing 2.2 per cent increase in April....
