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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