Tag: Germany

German industrial conglomerate Siemens reported its highest-ever profit from industrial activities in the third quarter of its fiscal year. In the three-month period ending...

German luxury carmaker BMW reported a 35% drop in second-quarter pre-tax profit to €1.7 billion. The results were hit hard by a sharp slump in...

Oliver Blume, chief executive of German automaker Volkswagen, wants to significantly ramp up layoffs. In the coming years, he plans to eliminate up to...

German bank Commerzbank has rejected a takeover bid from UniCredit. It accused the Italian banking house of hostile tactics and misleading claims. Reuters reports...

The German economy is set for another downturn this year, leading economic institutes agree. Gross domestic product (GDP) will fall by 0.1 percent, Reuters...

Strikes have caused Lufthansa to lose €250 million this year, the group's chief financial officer Remco Steenbergen estimates. Reuters reported today. Strikes meant losses of...

The number of people out of work in Germany increased by 8,000 to 2.814 million in February, while the unemployment rate remained at 6.1...

Industrial production in Germany unexpectedly fell by 0.4 percent in October compared to the previous month. The German Statistical Office informed about it today....

Renewable energy generation covered more than half of Germany's electricity consumption in the first half of this year. This is according to preliminary data...

German industrial conglomerate Siemens is investing two billion euros (CZK 47.6 billion) in a global production increase. It is preparing for increased demand caused...