Germany
German industrial production held steady in May
BERLIN: German industrial production held steady in May, in a sign the economy is withstanding threats to confidence from the...
Mumbai Trans-harbor Sea Link gets investors from UK and Germany
BERLIN: As India is intensifying in terms of economy, infrastructure and IT, neighboring countries are looking forward to invest in...
Germany scraps plans to impose coal tax
BERLIN: The German government has decided not to impose tax on old coal-fired power generation plants. Economy Minister Sigmar Gabriel...
German customs discovers €1.2mn cash from backpack of 2 travelers
BERLIN: German customs officials last week discovered 1.2 million euros in cash hidden in a backpack by two train travellers...
German new car sales up in June
BERLIN: New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's...
Germany K+S rejects takeover offer from Canada Potash
BERLIN: German-based salt and potash producer K+S AG is rejecting a takeover offer from Potash Corp. of Canada, saying it...
Germany’s Getrag Says to draw interest from Magna, China peers
BERLIN: Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada’s Magna International...
German unemployment falls to 6.3% in May to 6.2%
BERLIN: The number of unemployed people in Germany fell for the ninth consecutive month in June, dropping to a level...
PPG Industries Inc. completes $5m expansion in Germany
BERLIN: PPG Industries Inc. has completed a $5 million expansion at its coatings manufacturing facility in Wuppertal, Germany, the Pittsburgh-based...
Germany to mothball 2700MW of pollution intensive power plants by 2020
BERLIN: The German coalition government has said they will mothball 2700 megawatts of pollution intensive brown coal power plants by...
FedEx requests EU approval for $4.9b TNT bid
BERLIN: FedEx has asked the European Union’s competition regulator to approve its 4.4-billion-euro ($4.9 billion) bid for Dutch rival TNT...
Germany potash producer K+S confirms takeover proposal
BERLIN: German potash producer K+S SDFGn.DE said it has received a takeover proposal from larger Canadian rival Potash Corp of...
Kirloskar brothers Ltd launches magnetic drive pump in Germany
BERLIN: Pune-based pumps maker Kirloskar Brothers Ltd (KBL) has launched the technologically advanced Romak (RMK) at an event for the...
Germany’s finance minister says Greece needs to unlock €7.2b to make debt repayments
BERLIN: Germany's finance minister says 'Greece has moved backwards' Greece's bailout negotiations are as confusing and tense as ever, but...
Adidas unveils new business plans for 3 key categories
BERLIN: Adidas, which had earlier this year announced its 2020 strategic business plan, has now unveiled an additional business plan...
German scam threatening to shut down small New Zealand businesses
BERLIN: A new scam threatening to shut down small New Zealand businesses if they don’t pay up is gaining momentum....
Economy Minister Sigmar Gabriel says Germany to decide on climate levy on July 1 BERLIN: Germany is w
BERLIN: Germany is weighing up two alternative proposals on how to cut CO2 emissions from the energy sector and plans...
German business morale weakens for 2nd straight month running in June
BERLIN: German business morale weakened for a second straight month in June, a leading survey showed, suggesting concerns about the...
German economic upturn to maintain moderate pace: Finance ministry
BERLIN: The German economy had a good start to the second quarter and indicators point to the upturn continuing, despite...
German business leaders warn Merkel to take tough line with Greece
BERLIN: German business leaders urged Chancellor Angela Merkel to take a tough line with Greece at an emergency summit of...
