German state premier opposes breakup of Thyssenkrupp

Germany's ruling coalition is divided over whether the state should have a role in running airline Lufthansa in return for a rescue package the company aims to finalise next week, politicians said on Sunday......»»

German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to help it get through the coronavirus crisis, Manager Magazine reported on Thursday......»»

The state-funded German safety net known as Kurzarbeit, which keeps salaries flowing to workers even when their work has dried up, is getting renewed attention as governmen.....»»

Lufthansa will seek state aid in Germany, Switzerland, Belgium and Austria as the coronavirus crisis that forced it to ground almost all of its planes will persist longer than feared, the German airline's chief executive said......»»

As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG and Commerzbank AG, will be able to weather the economic fallout of coronavirus without state help......»»

The state-funded German safety net known as Kurzarbeit, which keeps salaries flowing to workers even when their work has dried up, is getting renewed attention as governments around the world grapple with the economic fallout of the coronavirus p.....»»

German State Finance Minister Found Dead The body of Thomas Schäfer - finance minister of the German state of Hesse, was found lying across high-speed train tracks in the town of Hoc.....»»

The German airline Condor has applied for an additional 200 million euros in state aid in the wake of the coronavirus outbreak, two people with knowledge of the matter said on Thursday......»»

German conglomerate Thyssenkrupp will cut 3,000 jobs and invest 4.2 billion euros ($4.6 billion) at its struggling steel division by 2026 as part of a wage deal struck with powerful labor union IG Metall, it said on Wednesday......»»

The German elevator-to-car parts conglomerate Thyssenkrupp will cut 3,000 jobs at its steel unit by 2026 as part of a wage deal it struck with powerful labor union IG Metall, it said on Wednesday......»»

Germany's HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to stop businesses going bust as stores closed to stem the spread of the coronavirus, losing 7 billion euros ($7.70 billion) per week......»»

German State TV 'Celebrates' .....»»

German flagship carrier Lufthansa on Friday said it would scrap its annual dividend, slash its flight schedule further and is also considering a request for state aid to help it deal with the impact of the coronavirus outbreak......»»

German flagship carrier Lufthansa said on Friday it is planning to request state aid from several European governments to weather the fallout from the coronavirus outbreak......»»

Xinhua/Chen Yehua via Getty Images One of China's most powerful officials was heckled in Wuhan, showing how the coronavirus is testing state control. "Fake, fake, everything is fake," residents chanted at Vice Premier .....»»

"You're Trampling On The Constitution": Merkel-Allied Lawmaker Opposes "Debt-Brake" Suspension Update (0930ET): A German lawmaker allied with.....»»

Chemicals giant BASF on Wednesday picked a site in the eastern German state of Brandenburg for its second European battery materials factory, part of a one million euro investment plan to benefit from a growing electric vehicle market......»»

Tesla could get state subsidies in its plan to set up a gigafactory in Germany, the country's economy minister told a weekly newspaper......»»

Thuringia - Patient Zero For Germany's Revolution? Authored by Tom Luongo via Gold, Goats, 'n Guns blog, German politics is in turmoil. State elections last fall left Chancellor Angela Merkel weakened, forcing her Christian D.....»»

For the first time, the populists on Germany’s far right have helped to elect a state premier. But that may only mobilize mainstream Germans in resistance......»»