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German Poll of Business Executives Craters

A survey of German executives suggests that the German economy is speeding into recession. If its business climate is deteriorating, so is that of every nation in the European Union......»»

Category: blogSource: 247wallstMar 19th, 2020

German carmakers eye Brandenburg after Tesla expansion push

The German state of Brandenburg has received a flurry of inquiries from German carmakers after electric car start-up Tesla opted to build its European factory there, Brandenburg's Economy Minister Joerg Steinbach told Reuters......»»

Category: topSource: reutersJan 7th, 2020

Europe Markets: European stocks edge lower on China trade concerns and ‘worst of all worlds’ German economic data

European stocks slipped on Thursday on concern over the state of U.S.-China trade talks as data showed a stagnating economy in Germany......»»

Category: topSource: marketwatchNov 14th, 2019

Tesla"s Berlin move reflects Germany"s carmaking prowess: minister

German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla's announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub......»»

Category: topSource: reutersNov 13th, 2019

German ministers: No talk of subsidies for Tesla"s Berlin plans

Economy Minister Peter Altmaier said on Wednesday that there had been no discussion yet of German government subsidies for U.S. electric vehicle pioneer Tesla , which has said it will build its first European factory near Berlin......»»

Category: topSource: reutersNov 13th, 2019

Stocks jump on report Brexit deal may be close, oil slips

Stocks in Europe and on Wall Street jumped more than 1% on Tuesday on strong U.S. corporate results and a possible deal to avoid a disorderly British exit from the European Union, while oil prices fell as weak China data kindled global economy fears......»»

Category: topSource: reutersOct 15th, 2019

Dollar firms, global stocks soar on ECB rate cut expectations

U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy......»»

Category: topSource: reutersAug 16th, 2019

"We Are Struggling:" Air Cargo Performance Slumps Across Major European Air Ports 

The German ZEW headline number on Tuesday crashed to -44.1 versus -28.5 expectations and -24.5 last. The indicator measures economic sentiment shows the Germany economy could be teetering on the edge of a manufacturing recessi.....»»

Category: blogSource: zerohedgeAug 14th, 2019

BMW says it can shift production to Europe from Oxford if Brexit results in no deal

BMW's Chief Executive on Thursday said the German carmaker can move more production of its Mini to a plant in the Netherlands if Britain fails to strike a trade deal with the European Union after its exit from the common market......»»

Category: topSource: reutersAug 1st, 2019

Lookahead: trade war, data, election aftermath make for unpredictable week

Investors open next week to the results of European elections where populists are polled to perform strongly. As Francis Maguire reports, markets will also have an eye on key U.S. growth numbers, and German and French consumer data......»»

Category: videoSource: reutersMay 24th, 2019

Germany liaising with EU on U.S. car tariffs, won"t speculate on U.S. timing: ministry

Germany is liaising closely with the European Union on a U.S. threat to impose higher car tariffs, the Economy Ministry said on Monday, adding that the German government would not speculate about the timing of the U.S. decision......»»

Category: topSource: reutersMay 13th, 2019

Europe wants to deal with China as a group: German minister

Major European Union countries want to deal with China as a group rather than sign bilateral agreements as individual states, German Economy Minister Peter Altmaier said on Friday, attending a summit in Beijing on China's Belt and Road plan......»»

Category: topSource: reutersApr 26th, 2019

Europe wants to sign Belt and Road MOU as a group: German minister

Major European Union countries want to sign a memorandum of understanding on China's Belt and Road initiative as a group and not as individual states, German Economy Minister Peter Altmaier said on Friday......»»

Category: topSource: reutersApr 26th, 2019

German economy minister says EEA seeks Belt and Road MOU as a group

The European Economic Area wants to sign a memorandum of understanding on China's Belt and Road initiative as a whole and not as individual states, German Economy Minister Peter Altmaier said on Friday......»»

Category: topSource: reutersApr 26th, 2019

Germany: trade talks with U.S. will not be easy, but beneficial

Trade negotiations between the European Union and the United States will not be easy, but both sides should benefit in the end, German Economy Minister Peter Altmaier said on Monday......»»

Category: topSource: reutersApr 15th, 2019

Stocks stall on trade jitters, German economy angst

European and Asian shares stepped back from eight-month highs on Thursday, as investors took money off the table amid fresh concerns about U.S.-China trade talks and as dire data from Germany signaled trouble for Europe......»»

Category: topSource: reutersApr 4th, 2019

World stocks stall on trade jitters, German economy angst

European and Asian shares stepped back from eight-month highs on Thursday, as investors took money off the table amid fresh concerns about U.S.-China trade talks and as dire data from Germany signaled trouble for Europe......»»

Category: topSource: reutersApr 4th, 2019

German Institute Cuts GDP Growth Forecast In Half To 0.8%

With European stocks surging to levels not seen since last August, the European economy continues to slump ever closer to recession. On.....»»

Category: blogSource: zerohedgeApr 3rd, 2019

Auto woes drive dip in German industrial output as Brexit nears

Plunging car output drove an unexpected drop in production of German goods in January and an industry body cut its 2019 growth forecast, adding to signs that trade tensions and unease about Brexit are weighing on Europe's largest economy......»»

Category: topSource: reutersMar 11th, 2019

Auto woes drive dip in German industrial output

A plunge in car production drove an unexpected drop in German industrial output in January as Europe's largest economy stuttered amid trade friction and unease about Brexit. David Pollard reports......»»

Category: videoSource: reutersMar 11th, 2019