German Exports Register Unexpected Plunge in September
On Wednesday, Federal Statistical Office data showed that German exports registered an unexpected plunge in September, decreasing by 0.5 per cent in the month. The...
Tag : Germany
Germany Establishes 200 Billion Euro Fund to Ease Gas Crisis in ‘Energy War’ with Russia
On Thursday, the German government said it would throw up to 200 billion euros for controlling sky-high gas and electricity prices. The federal government has...
Europe’s STOXX 600 Falls 1% Ahead of German Inflation Data
On Thursday, Europe’s STOXX 600 index plunged, led by a fall in shares of Swedish group H&M after dismal earnings, with investors awaiting German inflation...
Lilium to Build 400 Air Taxis a Year, Seek Grants
The German air taxi developer Lilium Air Mobility is planning to build industrial capacity to make around 400 of its electrically powered Lilium Jet flying...
German Producer Prices Register Record Jump in August
In August, German producer prices surged at their strongest rate since the same month last year. This was primarily driven by surging energy prices, raising...
Mercedes-Benz to Develop Wind Farm in Northwestern Germany
Mercedes-Benz plans to develop a wind farm in Lower Saxony, the northwestern state of Germany, by 2025. It is expected to produce a hundred megawatts...
To Resolve Refinery Crisis, Germany Seizes Rosneft’s Oil Assets from Russia
The Russian oil company Rosneft’s local activities will be taken over by the German government, further dividing the two nations due to Russia’s invasion of...
Germany to Seize Oil Assets of Russia’s Rosneft to End Refinery Crisis
The German government is likely to take over the local operations of the Russian oil company Rosneft. With this, the rupture between the two countries...
European Stocks Fall Sharply
On increased concerns worldwide recession may be caused by aggressive monetary tightening, European stock markets fell substantially down on Friday.By 03:55 ET (07:55 GMT), the...
Infosys to Acquire Denmark-based BASE Life Science for 110 Mn Euros
Infosys is the IT Software company planning to acquire Denmark-based digital services, and BASE life science is the consulting firm for 110 million euros in...