German economy

The Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany

The Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany

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Volkswagen-owned Skoda is defying a broader downturn for the German carmaker. Read More

German corporate distress racing towards pandemic-level highs this year

German corporate distress racing towards pandemic-level highs this year

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Rising uncertainty about the war in Ukraine and Trump’s tariffs is adding to German firms’ struggles. Read More

Manufacturing giant Bosch, blighted by German economy, turns to U.S. with multimillion-dollar bet on first-ever Super Bowl ad

Manufacturing giant Bosch, blighted by German economy, turns to U.S. with multimillion-dollar bet on first-ever Super Bowl ad

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The German industrial giant will run a Super Bowl ad, the first in its 138-year history, as struggles in Germany ...

Elon Musk accused of trying to weaken Europe with support for far-right AfD party

Elon Musk accused of trying to weaken Europe with support for far-right AfD party

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Germany’s vice chancellor said Musk’s comments calling the far-right AfD a “last spark of hope” weren’t made out of ignorance. ...

Germany is unraveling just when Europe needs it most

Germany is unraveling just when Europe needs it most

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“It is a very slow, very protracted decline. Not of a company, not of a city, but of the entire ...

As Volkswagen workers strike in Germany over pay cuts, carmaker offers Tennesse workers 14% wage hike

As Volkswagen workers strike in Germany over pay cuts, carmaker offers Tennesse workers 14% wage hike

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Volkswagen is struggling to satisfy workers on both sides of the Atalntic Ocean amid need for aggressive cost cuts. Read ...

A weather phenomenon dubbed ‘Dunkelflaute’ is causing havoc in Germany and pushing energy prices to 2-decade highs

A weather phenomenon dubbed ‘Dunkelflaute’ is causing havoc in Germany and pushing energy prices to 2-decade highs

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A Dunkelflaute, a period of low wind and sun, is causing pain in Germany’s renewables sector. Read More

German giant Bosch’s workers left in ‘absolutely unbearable’ environment amid plans for up to 10,000 layoffs

German giant Bosch’s workers left in ‘absolutely unbearable’ environment amid plans for up to 10,000 layoffs

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The car suppliers’ deputy chairman said he couldn’t rule out strikes this year as Bosch reels from low demand. Read ...