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Michael Nienaber

German manufacturing downturn drags into final quarter

05 Dec 2019

BERLIN German industrial orders fell unexpectedly in October as demand at home and from outside the euro zone weakened, suggesting a manufacturing downturn will continue to hold back growth in Europe's largest economy in the final quarter.

German car industry expects more job cuts in 2020

04 Dec 2019

BERLIN Germany's main automobile industry body said on Wednesday it expects global car sales to fall by 5% this year, the steepest drop since the financial crisis, and warned of more job cuts in 2020 as a result.

Aussichten für deutsche Unternehmen trüben sich immer stärker ein

21 Nov 2019

Berlin Die Aussichten für die deutschen Unternehmen verschlechtern sich zusehends.

Exclusive: German exports to United States jump despite trade tensions

21 Nov 2019

BERLIN Strong German exports to the United States helped Europe's largest economy to avoid a recession in the third quarter, data showed on Thursday, as companies benefited from a weaker euro and trade diversion linked to the U.S.-China tariff dispute.

Merkel, Scholz push back against demands for higher public spending

18 Nov 2019

BERLIN Chancellor Angela Merkel and Finance Minister Olaf Scholz on Monday brushed aside a rare joint demand from German businesses and unions that they "wake up" the stagnant economy by ditching the balanced budget policy and funding infrastructure with debt.

'Suffering' German economy narrowly escapes recession in third quarter

14 Nov 2019

BERLIN The German economy narrowly avoided an expected slip into recession in the third quarter as consumers, state spending and construction drove a 0.1% quarterly expansion in Europe's largest economy. | Video

Germany's Chinese growth engine stalls

11 Nov 2019

BERLIN For three decades, China's burgeoning demand for German cars, machines and engineering tools has been a steady engine of growth for Europe's largest economy, gratefully championed by successive governments in Berlin.

Germany marks 30th anniversary of the Berlin Wall's fall

10 Nov 2019

BERLIN Germany celebrated on Saturday the 30th anniversary of the fall of the Berlin Wall that divided East and West Germany, with President Frank-Walter Steinmeier thanking Eastern European neighbours for spurring on the peaceful revolution. | Video

World News

U.S. House committee postpones votes on articles of impeachment

U.S. lawmakers will vote Friday on whether to move forward with impeaching Republican President Donald Trump, as the Democratic head of the Judiciary Committee shocked Republicans by declining to hold a late-night vote after a hearing that lasted more than 14 hours.