Lufthansa CEO Carsten Spohr has said he held talks with the Abu Dhabi government about its stake in loss-making carrier Air Berlin. The debt of Germany’s second largest airline was an obstacle for a takeover, he noted.
Online retail giant Amazon launched its virtual supermarket, AmazonFresh, in Germany on Thursday, which could mean trouble ahead for its stiff competition.
The world’s leading container shipping company, Danish Maersk Line, said Friday it would pay 3.7 billion euros ($4 billion) for the acquisition of German competitor Hamburg Süd.
At Bayer’s annual general meeting, environmentalists and politicians voiced discontent over the proposed takeover. Both companies have come under fire for substandard ethical and environmental practices.
EU sanctions against Russia over eastern Ukraine are causing great damage to trade and should be gradually relaxed, Wintershall CEO Mario Mehren said.
For many foreigners new to Germany, it’s annoying enough to be charged for withdrawing cash at any ATM. But paying to take money out at your own bank seems a step too far.
The German government strongly protested a move by the United States to slap punitive “anti-dumping” duties on steel plate products from companies in Germany and six other nations.
Unemployment in Germany hit a new record low in March, official data showed Friday, as Europe’s largest economy continues to defy economic uncertainty with a strong performance.
An attempted merger between the German and British stock exchanges was struck down by European regulators, formally ending a deal that unraveled in the wake of Britain’s vote to leave the European Union.
A report on the most reputable “made-in-country” brands around the world shows that Germany comes out on top as most trusted.