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Germany News

February 19, 2019

Germany, France take aim at EU anti-trust rules in new industrial strategy

Germany and France on Tuesday vowed to seek reform of European competition rules that prevent blockbuster mergers of homegrown companies, with French Economy Minister Bruno Le Maire saying there is “sometimes nothing more stupid than European rules”. Smarting from the…

February 19, 2019

Germany, France push to create industrial ‘European champions’

Germany and France agreed Tuesday on a strategy to create European industrial “champions” and to seek changes in EU competition rules that now prevent blockbuster mergers of homegrown groups. The push for a common industrial initiative came after the EU’s…

February 19, 2019

Karl Lagerfeld: a life in dates

Here are some key dates in the life of German fashion designer Karl Lagerfeld, who has died at the age of 85: – September 10, 1933: Born in Hamburg, though he was later known to knock a few years off…

February 19, 2019

The wit and wisdom of Karl Lagerfeld: his best quotes

Designer Karl Lagerfeld was not just fashion’s great survivor, he was also one of its most wicked wits. Here are some of his most famous lines: – On himself – “I am very much down to earth. Just not this…

February 19, 2019

Karl Lagerfeld, fashion’s quick-witted king

They called him the “Kaiser”, and for decades Karl Lagerfeld, who has died aged 85, reigned imperially over the fashion world. From his perch at Chanel, the German-born designer presided over the most famous of all fashion houses like the…

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February 19, 2019

German investor confidence inches up in February

Confidence among German financial players picked up slightly in February, a regular survey showed Tuesday, but remained in negative territory as clouds hang over the global economy. The ZEW institute’s economic expectations index for the coming months added 1.6 points…

February 18, 2019

Porsche risks fine in new legal tussle over diesel cheating

German prosecutors on Monday said they have launched fresh legal proceedings over Porsche’s role in the diesel emissions cheating scandal that erupted in 2015, which could leave the luxury carmaker facing a hefty fine. “We have opened an administrative proceeding…

February 18, 2019

Germany bans speculative attacks on Wirecard stock

German and European financial market watchdogs on Monday ordered a ban on short-selling shares in payment processing firm Wirecard, sending the stock price soaring after a weeks-long rollercoaster ride over fraud allegations. In Bonn, market supervisor Bafin said in a…

February 18, 2019

Germany wants trial for Syria jihadists but warns of difficulties

Germany vowed Monday to prosecute German IS fighters but warned that it would be “extremely difficult” to organise the repatriation of European nationals from Syria, after US President Donald Trump called on allies to take back alleged jihadists. Syria’s US-backed…

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