BERLIN The German government is eyeing incentives to boost corporate research and development after cutting its forecast for 2019 economic growth for the second time in three months, reflecting a worsening slowdown driven by a recession in manufacturing.
WASHINGTON The rules-based order of multilateralism is increasingly under threat and leaders must uphold international cooperation, German Finance Minister Olaf Scholz said in Washington on Friday, calling on the United States to overcome trade differences with Europe.
WASHINGTON The rules-based order of multilateralism is increasingly under threat and leaders must uphold international cooperation, German Finance Minister Olaf Scholz said in Washington on Friday, calling on the United States to overcome trade differences with Europe.
BERLIN/WASHINGTON The German government is set to halve its 2019 growth forecast for Europe's biggest economy, a government source told Reuters on Friday, reflecting a worsening slowdown led by a recession in the manufacturing sector. | Video
Berlin/Washington Die deutsche Wirtschaft wird von den Unsicherheiten rund um den Brexit und den Handelsstreit immer stärker getroffen.
BERLIN German Finance Minister Olaf Scholz has said financial leaders must use talks in Washington this week to avoid any escalation in trade disputes as political risks pose the biggest threat to a slowing world economy.
BERLIN German Finance Minister Olaf Scholz will urge financial leaders next week to strive for a minimum level of corporate taxation globally and increase debt transparency in developing countries, a senior German government official said on Friday.
BERLIN German Economy Minister Peter Altmaier has rebuffed increasing criticism of his shift towards a more interventionist industrial policy, saying it will lead to improved global competition "by adapting rules to reality".
BERLIN German business morale improved unexpectedly in March after six consecutive drops, a survey showed on Monday, suggesting that Europe's largest economy is likely to pick up in the coming months after it narrowly avoided a recession last year. | Video
Sri Lankans woke to emergency law on Tuesday as authorities searched for those behind suicide bomb attacks on churches and luxury hotels that killed 290 people at the weekend, with the focus turning to militants with links to foreign groups.