China overtakes US as Germany’s top trading partner
In the first nine months of the year, China was once again slightly ahead of the USA. This is primarily due to strong growth in imports from the Far East. [..]
Germany’s Volkswagen hit by US tariffs, EU rules in first quarter
By Frank Johannsen, dpa and Stefan Heider, dpa-AFX. Volkswagen reported a drop in preliminary first-quarter profit on Wednesday, with operating earnings falling to €2.8 billion ($3.1 billion) from €4.6 billion [..]
Consumers in Germany remain cautious with spending, study shows
Private consumption in Germany had a bumpy start to the new year, according to the latest consumer survey by the German market research groups GfK and NIM. Economic and income [..]
Dour mood for German consumers unlikely to improve soon, survey finds
Private consumption in Germany will not be a major driving force for the country’s sputtering economy next year after a rather mixed Christmas season so far, according to a consumer [..]
DAX breaks 20,000 points as German stocks soar despite economic slump
Germany’s benchmark DAX stock index briefly broke through the 20,000-point barrier for the first time on Tuesday after rising in morning trading. The rally means the DAX has now risen [..]
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