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FILE – In this Dec. 18, 2014, file photo, an Emirati man takes a selfie in front of a new Etihad Airways A380 in Abu Dhabi, United Arab Emirates. Abu Dhabi-based Etihad Airways said Thursday, Feb. 14, 2019, that it has restructured planned airplane purchases from Airbus and Boeing as the government-owned carrier faces financial turbulence. (AP Photo/Kamran Jebreili, File) […]
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FILE – In this Dec. 18, 2014, file photo, an Emirati man takes a selfie in front of a new Etihad Airways A380 in Abu Dhabi, United Arab Emirates. Abu Dhabi-based Etihad Airways said Thursday, Feb. 14, 2019, that it has restructured planned airplane purchases from Airbus and Boeing as the government-owned carrier faces financial turbulence. (AP Photo/Kamran Jebreili, File) […]
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Germany’s exports rebounded at a faster-than-expected pace in December, exceeding expectations, and imports followed suit, extending some positive data for the biggest euro area economy after the recent run of weak figures that suggested a slowdown. Exports rose a calendar and seasonally-adjusted 1.5 percent from November, when they declined 0.3 percent, figures from the Federal Statistical Office showed on Friday. […]
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Germany’s investor confidence improved further at the start of the year to its highest level in four months, defying expectations for a weakening, survey data from the ZEW – Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to -15.0 points from -17.5 in December, the Mannheim-based think tank said. Economists […]
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–A commission appointed by the German government has presented a plan to phase out lignite and hard-coal-fired power plants by 2022 and exit coal by 2038 –The plan would have significant consequences for the country’s energy sector and in particular for RWE, the company said –RWE says the 2038 end date is far too early for the company A plan […]
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BERLIN (Reuters) – The German government is actively considering stricter security requirements and other ways to exclude China’s Huawei Technologies [HWT.UL] from a buildout of fifth-generation (5G) mobile networks, the Handelsblatt newspaper reported. Handelsblatt, citing government sources, said government officials were discussing setting security standards that Huawei could not achieve, effectively blocking its participation. Changes to the German telecommunications law […]
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German exports declined in November, underscoring fears that trade tensions are hampering Germany’s economic upswing. Exports from the eurozone’s largest economy fell 0.4% on month to 110.6 billion euros ($126.6 billion) in November in calendar and seasonally adjusted terms, while imports dropped 1.6% to EUR91.6 billion from October, the Federal Statistical Office said Wednesday. Germany’s adjusted trade surplus amounted to […]
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German factory orders dropped in November, dragged down by a fall in demand from other eurozone countries. The Economy Ministry said Monday that overall orders were 1 percent lower than in the previous month following a slight 0.2 percent gain in October. Continue Reading Below The figure includes an 11.6-percent drop in orders from elsewhere in the 19-nation eurozone, which […]
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Germany's top IT security official faces a grilling Monday over his agency's handling of an alleged hacking case that saw hundreds of politicians' and celebrities' private information posted online . Daily Sueddeutsche Zeitung on Sunday quoted Germany's interior minister saying he's summoned Arne Schoenbohm, head of the Federal Office for Information Security, for talks in Berlin. Continue Reading Below Horst […]
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FILE—In this picture taken Nov.21, 2018 German Chancellor Angela Merkel (CDU) speaks in the Bundestag. (Ralf Hirschberger/dpa via AP) Germany's IT security agency on Saturday defended its response to the leaking of hundreds of politicians' private information, after lawmakers accused it of failing to inform them quickly enough. Continue Reading Below Politicians from several parties questioned why the Federal Office […]
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