Business
German car seat manufacturer Recaro sold to Italian investor
The booth of the aircraft seat manufacturer Recaro at the Aircraft Interiors Expo. Recaro, a long-established manufacturer of seats for…
Tag
German
Unsorted
German union announces strikes at fast-food chains
The German food and catering union NGG has announced strike action in the run-up to Christmas at what the industry calls system catering…
Business
German inflation rises again in November, to 2.2%
A woman holds money in her hand over of a full shopping basket of groceries. Germany's inflation rate rose for the second consecutive…
Business
Warm weather welcomes the opening of many German Christmas markets
Unseasonably warm weather greeted the opening of many of Germany's famed Christmas markets on Monday, with visitors unlikely to need to…
Unsorted
German car supplier Bosch to slash 5,500 jobs, two-thirds in Germany
German automotive supplier Bosch logo is pictured on a plant of the industrial group in Schwaebisch Gmuend. Bernd Weißbrod/dpa German…
News
German authorities report rise in crimes against women in 2023
Cases of domestic violence against women rose in Germany in 2023, according to a new analysis by the country's Federal Criminal Police…
News
German manufacturers warn of the sector's 'formidable crash'
German business owner Hans Beckhoff says the country's manufacturers are struggling In the 44 years since Beckhoff Automation opened for…
Business
German chemicals giant Bayer cuts key target amid weedkiller woes
GERMAN chemicals giant Bayer cut its forecast for 2024 operating earnings on Tuesday (Nov 12), after a poor performance in its…
Business
German parts maker Schaeffler to cut 4,700 jobs on auto woes
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other German carmakers ripples…
Business
German banks start to cut US office loan exposure that caused bond turmoil
German banks are cutting legacy US office loan exposure after concerns about commercial real estate (CRE) losses led to a plunge in bond…
Business
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper,…
Business
Volkswagen squares off with union over German plant closures
VOLKSWAGEN and unions start negotiations over wide-ranging cost cuts on Wednesday (Sep 25), with tensions between both sides higher than…