Posts Tagged ‘Germany’

Germany’s Merkel vows to fight to the very end for an orderly Brexit

By BLOOMBERG
BERLIN • German Chancellor Angela Merkel said she’ll fight to the very end for an orderly Brexit as Theresa May’s strategy hit a major ...

Germany’s bid to catch up on digital age hinges on 5G auction

Europe’s biggest economy seeks to transition away from its reliance on old-school engineering to a data-based economy
BERLIN • Germany’s effort to ...

Deutsche Bank, Commerzbank confirm talks on possible merger

BERLIN • Germany’s two biggest lenders, the ailing Deutsche Bank AG and Commerzbank AG, confirmed yesterday they would launch formal talks toward a ...

Germany barely skirts recession in muted 4Q

By BLOOMBERG
FRANKFURT • Germany’s economy stagnated at the end of 2018, trailing most of its peers in the euroarea, and continued trade tensions mean ...

No-deal Brexit ‘could cost 600,000 jobs worldwide’

By AFP / Pic By BLOOMBERG
FRANKFURT • A British departure from the European Union (EU) without a deal could put 600,000 jobs around the world at risk, ...

Italy, Germany drag on euro-area economy as EU cuts outlook

European Commission sees euro-area expanding 1.3% this year, down from 1.9% projected in November. It sees 2020 growth of 1.6%
By ...

Germany’s power grid overhaul will cost billions more

BERLIN • Germany’s plan for new power cable “autobahns” to take wind and solar energy from the north to the south of the country is set to cost billions ...

Slump in German factory orders fan recession fears

FRANKFURT • German factory orders unexpectedly dropped for a second month in December, adding to signs that Europe’s largest economy is facing a more ...

Europe’s retail rout deepens amid job cuts

By BLOOMBERG
BERLIN • Europe’s retail crisis deepened as companies in the UK and Germany are poised to cut thousands of jobs as online shopping ...

Billionaire Quandt’s legacy lures rich investors to spa town

FRANKFURT • Hidden on the edge of a spa town, less than half an hour’s drive from Frankfurt, is a company that lets you invest alongside one of Germany’s ...

Germany nearly catches S. Korea as innovation champ

SINGAPORE • South Korea retained the global crown in the 2019 Bloomberg Innovation Index, though improvements by Germany in research and education brought ...

Alstom warns Europe could block Siemens deal

By BLOOMBERG
PARIS • Alstom SA and Siemens AG’s planned rail merger appeared to be increasingly in danger of collapse, with the French company warning ...