Ratings firm Moody’s said on Tuesday that potential auto tariffs by the United States would be a risk to global growth, hindering economic momentum in Germany, Japan and Korea.
Taking into consideration the importance of the GCC market to Germany, the German National Tourist Board, GNTB, has announced that it will be showcasing a range of key destinations at Arabian Travel Market, ATM, 2019, which takes place at the Dubai World Trade Centre from 28th April to 1st May.
When Afghan asylum seeker Yar Mohammad Haiqar found a job as a painter in a small Bavarian city, he couldn't stop smiling at what he hoped would be an opportunity to build a good life and a secure future in Germany.
Berlin is set to further lower its economic growth forecast on Wednesday as Europe’s largest economy cools off, but ministers are unlikely to bend to foreign demands to boost activity with extra government spending.
In a meeting at the economic affairs ministry in The Hague late last year, Tata Steel’s Dutch chief Theo Henrar pledged he would spend hundreds of millions of euros to cut factory emissions - on condition the government invested a similar amount. The proposal from the industrial giant,
Germany’s spluttering economy returned to growth in the first quarter as consumers spent more freely and construction activity picked up, but the government said the outlook remained clouded by trade disputes. Gross domestic product (GDP) rose 0.4% quarter-on-quarter,
When Thyssenkrupp CEO Guido Kerkhoff announced plans to list its prized elevators unit last week, he set off a battle for the conglomerate’s future that could test Germany’s brand of “social market” capitalism. Kerkhoff had little choice but to think the unthinkable when the company’s share price sank to a 15-year low on May 8.
Germany’s Thyssenkrupp will embark on a fresh restructuring and list elevators, its most successful business, after regulatory opposition sunk plans to hive off its steel division, unravelling its previous break-up proposal. Under pressure from activist investors, Thyssenkrupp had tried to merge its steel unit
In a rare change of protocol apparently to prevent a repeat of uncontrollable shaking German Chancellor Angela Merkel on Thursday remained seated during national anthems at an official ceremony.