Chancellor Olaf Scholz’s main challenger in Germany’s upcoming election plans to put proposals for a tougher migration policy to parliament
Chancellor Olaf Scholz on Friday laid out his vision to revitalise Germany's ailing economy at a campaign event in the historic home base of crisis-hit auto titan Volkswagen. In front of a crowd of supporters, Scholz defended his government's record on ...
German companies, particularly the carmakers, face huge market pressure in China. For years derided as producing cheap, clunky cars, Chinese manufacturers — admittedly heavily supported by the state — have shot past their German counterparts in developing electric vehicles.
Germany is under “attack” from China, a senior opposition MP has warned, as Berlin grapples with a fresh wave of cyber attacks and espionage plots...
A leading consumer-climate index conducted by research groups GfK and the Nuremberg Institute for Market Decisions slipped to minus 22.4 in February's forecast, from minus 21.4 in January. It was a little weaker than the minus 21.8 reading expected by economists polled by The Wall Street Journal.
Monday, shares of Volkswagen AG (VOW:GR) (OTC: OTC:VWAGY), currently valued at $53.42 billion, remained in focus as Citi analysts reiterated their Buy rating and EUR125.00 price target. Trading at an attractive P/E ratio of 4.
The Ifo Institute's business-climate index rose to 85.1 in January from 84.7 in December, a little better than expected by economists polled by The Wall Street Journal. December's result was the lowest point since May 2020, when pandemic restrictions severely curtailed economic activity.
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.
Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial museum".
Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial museum".
The frontrunner to become Germany’s chancellor has warned companies about the “great risk” of investing in China, saying the state under his leadership would not help them if such bets failed.
The European Union’s largest economy, Germany, is experiencing a deindustrialisation trend due to factors such as high energy costs, unhelpful government policies and investment shortfalls. The country’s fading industrial competitiveness isn’t likely to improve soon,