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German business confidence rose for a third straight month in August to the highest level in more than three years, a key survey released on Wednesday, 25th August, showed. read full story
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Berlin agrees to new bank tax to fight financial crises German Chancellor Angela Merkel's cabinet agreed on Wednesday, 25th August, to a new tax on German banks. Berlin continues to press other governments to implement a similar levy to help meet the costs of future financial crises.
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German central bank boosts 2010 growth outlook to 3 percent With just four months of the year left to go, Germany's central bank, the Bundesbank, upgraded its German economic growth forecast on Thursday, 19th August, to three percent for 2010.
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Strong demand for goods 'Made in Germany' German exports surged by a more-than-forecast 3.8 percent in June 2010, the federal statistics office said on Monday, 9th August.
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Adidas raises earnings forecast after football World Cup business win Germany's leading sports goods maker Adidas AG has emerged as a winner from the football championships. Based in the Bavarian town of Herzogenaurach, the sports group equipped 12 of the 32 teams competing in the football championships.
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BMW leads the pack of booming German auto exporters German car exporters have seen a significant rise in overseas sales with Munich's luxury automaker BMW leading the pack, according to figures released Tuesday. BMW has seen a sevenfold increase in second quarter profits due to strong sales in Asia and the US.
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Aldi co-founder Theo Albrecht dies aged 88 Theo Albrecht, co-founder of the Aldi supermarket chain, has died. Together with his brother Karl, he built up the discounting chain that made the two brothers the richest men in Germany.
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With one exception, German banks pass financial stress test Germany's Hypo Real Estate bank has failed the so-called stress test to see if it could survive a future financial crisis. The picture for the rest of Germany's banking sector is more positive.
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German business confidence surges to 20-year high The German economy has left its European counterparts behind in its leap out of recession, a closely watched business climate survey said Friday. The Ifo index showed the largest gain in business confidence in 20 years.
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Lufthansa passenger numbers up despite ash cloud German flag carrier Lufthansa has seen a rise in passenger numbers so far in 2010. And this despite a turbulent six months, with disruptions caused by industrial action - and a volcano.
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German children's publishers take traditional route to success In Germany, books for young people have resisted the economic crisis. The youth segment in publishing shows stable growth – even though the majority of children's and youth publishers are refusing to go digital.
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