The Latest: German minister says Airbus must find jobs

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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The Latest: German union seeking safeguard for workers

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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German Exports, Imports Rebound In December

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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German ZEW Investor Confidence At 4-month High

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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Germany considering ways to exclude Huawei from 5G auction: report

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 drop, underlining slowdown fears

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 down 1 percent in November

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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German IT security chief faces grilling over hacking case

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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German IT security agency defends response in hacking case

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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