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Inflation in Germany falls to 10.0 percent

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The inflation rate in Germany fell in November. As the Federal Statistical Office announced on Tuesday based on an initial...

Binance blows off FTX purchase

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The cancellation of the FTX.com acquisition, announced just a day earlier, pushed bitcoin near $16,000 on Wednesday. The...

Companies to receive location for gas price brake

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According to a media report, companies should only be relieved by the gas price brake if they maintain their sites,...

Tax-free inflation premium may start flowing from Oct. 27

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The date for the earliest possible transfer of the inflation bonus of 3000 euros without deductions by employers has been...

Operation could save 1.3 million tons of CO2

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Continued operation of all three still-active nuclear power plants through March could save about 1.3 million metric tons...

Business situation in the automotive sector deteriorates significantly

The mood in the executive suites of the German automotive industry deteriorated noticeably in August: For the first time...

Germans' corona savings cushions are melting away

According to the Ifo Institute, inflation is eroding the additional savings accumulated by Germans during the pandemic....

Construction industry records rising sales and income

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Construction is still booming in Berlin and Brandenburg, and at the same time it is more expensive than ever before -...

Producer prices rise at record pace

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German manufacturers surprisingly raised their prices at a record pace in July. Producer prices rose by an average of 37.2...

Inflation: Starting of school will be expensive

Not only gasoline, heating and food are becoming significantly more expensive in Germany, but also school attendance: In...

9-Euro ticket depresses German inflation

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Fuel discounts and nine-euro tickets caused German inflation to fall for the second month in a row in July. Goods and...

Federal states want to co-finance 9-euro follow-up ticket

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The German states are demanding that Federal Transport Minister Volker Wissing (FDP) quickly come up with a concept for a...

Threat of strikes continue to drive up gas prices

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Amid concerns about gas supplies to Europe, a strike by oil and gas workers in Norway could reduce its gas production by...

Supermarkets sell extra-thick "cheat" bags

German Environment Minister Steffi Lemke (Greens) has urged supermarket operators to comply with the current ban on...

Order shrinkage surprises even experts

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German industry received fewer orders in April for the third month in a row due to uncertainty caused by the war in...

Relief over interest rate outlook boosts US stock markets

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The U.S. stock markets on Thursday have strongly expanded the previous day's gains. According to stockbrokers, as on the...

Bitcoin has not been worth much for a long time

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The original cryptocurrency Bitcoin fell to its lowest level since the end of 2020 at 26,591 US dollars on the Bitfinex...

More than 70,000 passengers at BER for the first time

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A few days abroad, a visit to relatives - at Easter there are many reasons to travel, and the vacations make it easier....

Banks are tightening interest rates

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In a survey by the auditing and consulting firm EY, more than one in two banks said they planned to adjust lending...

New Corona rules for office work

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The end of the blanket home office requirement and mandatory masking only if the employer deems it necessary: With the...
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Government and opposition reach agreement worth billions of euros

In negotiations between the Venezuelan government and the opposition, both sides have agreed to invest frozen state funds...
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ATMs need better protection against explosions

The Conference of Interior Ministers (IMK) wants to oblige the operators of ATMs to secure cash holdings against...
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Traffic lights reach agreement on CO2 levy for tenants and landlords

The traffic light coalition has settled its dispute over the climate levy for residential buildings. The planned...

Whatsapp plans revolutionary change for group chats

Whatsapp has recently been working more and more on improving the Messenger app. Especially since major security...
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Airbus counters Boeing's billion-dollar loss

Guillaume Faury remains optimistic. The CEO of the European aerospace group Airbus is sticking to his targets of...
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German economy defies the crises

The German economy grew by a surprising 0.3 percent in the third quarter, adjusted for seasonal and calendar effects, the...

Coalition wants to facilitate immigration of job seekers

In the future, job seekers from abroad should be able to come to Germany more easily and legally. For this purpose, a...

Germany exports more to Great Britain

German exports to the UK are on the verge of a comeback after years of decline, partly due to Brexit: they could grow...
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Real estate as retirement provision: Owners have an early advantage

Many people start putting money away at an early age. Often their parents, grandparents or godparents do it first, before...
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Successor to the nine-euro ticket to arrive in early 2023

Federal Transport Minister Volker Wissing wants the successor to the nine-euro ticket to be clarified by the end of the...
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US economy: Inflationary pressure eases slightly

In the U.S., too, people are keeping their money together. They increased their spending in July by only 0.1 percent...
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Euro continues to weaken against the dollar

The euro has fallen to its lowest level in 20 years and is settling below parity against the dollar. At 0.9909, the common...

Turkey now imports twice as much oil from Russia

Turkey has more than doubled its imports of Russian oil this year. Imports have so far totaled an average of more than...
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Liquid gas from Canada will only be available on a large scale in a few years

Due to the possible drying up of gas imports from Russia, Germany is looking for alternatives. One of them: Canada. The...
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Bundesbank chief believes inflation could rise to ten percent

Bundesbank President Joachim Nagel believes the end of the fuel discount and the nine-euro ticket could push the inflation...
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Even fish are now tested for the coronavirus in China

Even fish caught in the sea have to undergo a corona test in China. Videos of fish being swabbed in the mouth with a...
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Israel and Turkey resume full diplomatic relations

After years of tensions, Israel and Turkey plan to fully resume diplomatic relations. Both countries have decided to...
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Companies prepare for the worst because of the Rhine crisis

Shutdowns, short-time work, supply bottlenecks: German industry warns of devastating consequences for the economy in view...
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Gas surcharge will be 2.4 cents

The exact amount of the gas levy to rescue systemically important gas importers is now known: It will be 2.419 cents per...
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Gas storage facilities are three-quarters full - experts warn against euphoria

For weeks now, Russia has been supplying significantly less gas to Germany, and concerns are growing about an energy...
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Berlin universities examine measures to save energy

Some students at Berlin's universities may have to adjust to colder seminar rooms in the coming winter semester. In view...

China's exports rise by a surprising 18 percent

China's exports continued to perform unexpectedly strongly in July. Exports rose 18 percent in U.S. dollar terms compared...
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Oil production now suffers from long Covid

If we look at the development of the oil price over the past three months, we see parallels with the stock market in...

Scholz rules out tax increases to relieve inflation

Chancellor Olaf Scholz currently sees no possibility for tax increases to distribute the burden of inflation more fairly....
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Online contracts easier to cancel from July 1

Consumers in Germany will find it easier to cancel contracts they have concluded online from July 1. This is the result of...
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Producer prices rise 33.6 percent in May

German manufacturers once again increased their prices at a record pace in May as a result of the war in Ukraine. Producer...
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Fewer students switch to teaching profession

The number of students interested in a lateral entry into teacher training is falling, as can be seen from the number of...
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Bundesbank expects inflation above 7 percent and weaker growth

According to the Bundesbank, the consequences of the war in Ukraine are slowing economic growth in Germany and driving up...
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Deutsche Bank brings hundreds of programmers from Russia to Berlin

Deutsche Bank is bringing hundreds of programmers from its technology center in Russia to Berlin. Germany's largest...
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What follows from iOS 16 for the iPhone 14

When Apple introduces the iPhone 14 in the fall, the also new operating system iOS 16 will also reach older devices. As...

Payment in many supermarkets and gas stations only possible with cash

Anyone who wants to pay by card at the supermarket checkout or gas station often has to resort to cash. Payments with EC,...
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Deutsche Bahn updates ICE

Deutsche Bahn wants to attract more passengers to its trains with new seats and a changed interior design in the ICE....
Photo by Dominik Lückmann

Lockdown in Shanghai - higher prices loom in Germany

The congestion of cargo ships due to the ongoing corona lockdown in Shanghai is disrupting global supply chains and will...

Uber brings subscription service "One" to Berlin

Uber is expanding its business model outside North America for the first time with a kind of monthly subscription and is...
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More conversions from rental to owner-occupied apartments

The number of conversions from rental to owner-occupied apartments rose to a record high in Berlin in 2021. Owners had a...
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Sri Lanka no longer services its debts

After months of crisis, Sri Lanka declared its economic collapse on Tuesday. Debt service on the entire $51 billion debt...
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Fuel prices drop significantly

For the first time since the highs of the past few days, fuel prices have dropped significantly. The price of diesel fell...

German airport strike causes flight cancellations

At Munich Airport itself, there were initially no protests by staff, a spokesman said in response to a query. "Munich has...
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Freight forwarders warn of empty supermarket shelves due to fuel costs

The extreme rise in fuel prices is taking a break. Both for diesel and for super gasoline of the E10 variety, the prices...
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Youtube blocks Russian state media worldwide

YouTube is declaring war on videos and channel owners who deny the Russian invasion of Ukraine. The video platform has...