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"German" tag

Cevian buys ThyssenKrupp stake, fuels spin-off speculation

Activist investor Cevian has raised its stake in struggling ThyssenKrupp, claiming the German steelmaker is undervalued. However, it’s unclear if the Anglo-Swedish firm will not eventually seek to split up ThyssenKrupp. Cevian has raised its...

Scientists get all aboard for a trip down the Danube to test water quality

How do you conduct a comprehensive scientific survey of one of the world’s great rivers? Answer: gather up the scientists, load them on to ships, complete with labs and white coats. Two ships – the...

Lufthansa orders big from Boeing and Airbus

German flagship carrier Lufthansa has placed multi-billion euro orders with the EU planemaker Airbus and its US rival Boeing. Lufthansa’s biggest order ever aims to cut fuel costs on the airline’s long-distance flights. Lufthansa had...

German stocks index DAX hits all-time high

German stocks have hit record highs amid a global equities’ rally. Investors appetite for risk has increased after a controversial frontrunner for the chairmanship of the US central bank pulled out of the race. In...

German researchers are working on a tissue that will tell you whether you’ve got the flu

You blow your nose in a tissue and the tissue indicates you’ve got the flu. Sounds like science fiction? Stuff like this always does. But German researchers are designing a “lab in a hankie.” It’s...

French court starts hearing on Mercedes sales ban

A Paris court has begun hearing evidence in a dispute between German carmaker Daimler and France over the use of an EU-banned car refrigerant. Daimler wants an injunction against a French sales ban of its...

Deutsche Wohnen bids for GSW in major housing merger

A new residential real estate giant is in the making in Germany’s housing market. Deutsche Wohnen has made a bid for its rival GSW to form the second largest housing company in the country. Deutsche...

Digital cinema hits German movie theaters

Modern, digital technology is making ever bigger inroads in today’s entertainment world. For German movie theaters, upgrading their equipment means make-or-break, but also better chances. The buzz of the cinematograph has marked movie theater entertainment...

Lufthansa earnings nosedive on restructuring costs

German airline Lufthansa posted a net loss in the first half of 2013 as it seeks to become fitter for fiercely competitive aviation markets. Surprisingly, it still expects full-year profit to be higher than last...

BMW posts mixed quarterly results as costs rise

German luxury carmaker BMW has said its net profit has climbed in the second quarter. However, that was mainly a result of the company’s strong financial arm, while core car-making operations didn’t meet expectations. Net...

Siemens strengthens business ties with US government

The United States is the largest market for German engineering and electronics giant Siemens. The company is now taking a strategic approach to further expand its scope of activities in the country. Do something good...

Sport on the rise as significant economic factor in Germany

A fresh study has shown that both active and passive sporting activities have been a blessing for the German economy at large. The survey showed people spend tens of billions of euros in the sector...