A.P. Moller-Maersk has agreed to buy German rival container shipping line Hamburg Süd, sending shares in the Danish shipping company up nearly 5 percent.
The Alternative for Germany (AfD) in Saxony called out state economy minister Martin Dulig from the SPD, whose ministry oversees an innovation startup contest for promoting sex toys.
The German government projects a larger, yet balanced budget for 2017. There will be modest increases for many departments – especially security.
Lufthansa has called on pilots’ union Cockpit to show a readiness to compromise after strikes hit 350,000 passengers. Although no strike was called on Sunday, 35 flights were still canceled.
German flagship carrier Lufthansa said on Thursday that it would scrap 830 scheduled flights for Friday as a pilot strike extends into a third day.
The Transport Ministry hid CO2 emissions test results and encouraged carmakers to exploit loopholes regulations, according to a magazine report.
Chancellor Angela Merkel has pledged to increase investments without sending the budget into the red. The start of a shift in monetary and budget policy?
Swiss banks said another 300 names had been added to a list seeking heirs to accounts holding tens of millions of Swiss francs dormant for at least 60 years.
Volkswagen agreed Friday to cut 30,000 jobs at the core VW brand in exchange for avoiding forced redundancies in Germany until 2025.
Tesla has a lot of outstanding vehicle orders — perhaps as many as 400,000 for its yet-to-be released Model 3. For a company facing a giant increase in demand, it needs manufacturing help.