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      India's Anshu Jain appointed co-Chairman of Deutsche Bank
Deutsche Bank's supervisory board met on Monday, 25 July, and decided on a new leadership for the Bank. The current head of investment banking at Deutsche Bank, India-born Anshu Jain has been named co-Chairman with regional management chief Jürgen Fitschen. They are to succeed current CEO Josef Ackermann in 2012.  read full story more
 
         
 
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Germany Trade: The index of German business confidence rose unexpectedly in June 2011 / copyright dpa Smooth sailing for German business confidence in June
The closely-watched index of German business confidence rose unexpectedly in June 2011, contrary to experts' predications that it would fall. This indicates Germany is weathering the eurozone debt crisis well. more
Germany Trade: Germany posts robust foreign trade figures / copyright picture alliance/chromorange Germany posts robust foreign trade figures
German exports increased by almost 20 percent and imports by over 15 percent in May 2011, as against the same period last year. As reported by the Federal Statistical Office (Destatis) on the basis of provisional data, Germany exported commodities to the value of 92.1 billion euros and imported commodities to the value of 77.3 billion euros in May 2011. more
Germany Trade: Record-breaking German solar demand fuels green job growth / copyright dpa Record-breaking German solar demand fuels green job growth
Germany's solar photovoltaic (PV) industry now employs more workers than steel production in the USA. With over 100,000 'green jobs' in PV alone, around 75 percent of European solar cells and modules as well as countless components are made in Germany. Record-breaking domestic demand is a key industry driver, with 7.4 GWp of PV capacity installed in 2010. more
Germany Trade: EADS plans to expand into cyber protection / copyright Colourbox EADS plans to expand into cyber protection
Europe's largest aerospace and defence contractor, EADS (European Aeronautic Defence and Space), plans to enter the potentially lucrative, high-growth market for cyber security services, in a move to grow beyond its core aircraft and aerospace manufacturing business. The group is set to launch a new Internet security unit within its Cassidian security subsidiary. more
Germany Trade: Employment is likely to go on rising over the forecast horizon / Copyright picture alliance / Arco Images GmbH New Bundesbank projection: prolonged upturn ahead for Germany
The recovery of the German economy has evolved into a broad-based upturn. Overall production capacity utilisation has returned to normal levels. Enterprises are hiring new staff and buying new equipment in preparation for a further expansion of their activities. more
Germany Trade: German Economics minister Philipp Roesler / copyright dpa German economy doing extremely well, says Economics minister Roesler
Commenting on the assessment of Germany's GDP in the first quarter of 2011 by the Federal Statistical Office and the ifo Business Climate Index, Federal Minister of Economics and Technology Philipp Roesler said that they "confirmed the impressive start of the German economy in 2011." more
Germany Trade: Puma puts a price on its environmental footprint / copyright dpa Puma puts a price on its environmental footprint
German sportswear maker Puma has published details of the environmental cost of its business activities. It's part of a larger project to reduce the company's impact on the environment and manage future risk. more
Germany Trade: Printing machine rolls ready for export in an assembly hall in Bavaria / copyright dpa German imports and exports hit record levels
German exports soared to a record-high in March 2011, extending a second consecutive month of gains and boosting growth in Europe's largest economy. more
Germany Trade: A display stand for electric vehicles at the 2011 Hanover fair / copyright dpa German industry coalitions drives electromobility forward
The global race for electromobility has been underway for many years, and in Germany, research in the field has emerged as a priority in recent years. Many carmakers, parts suppliers and chemical companies are now pooling resources to develop electromobility solutions. Daimler and Bosch are setting up a joint venture to build electric motors an industry first. more
Germany Trade: In Germany the number of start-ups in business is increasing / copyright Colourbox Increasing number of start-ups in Germany
Germany's economic upswing has spurred a rising number of start-ups, according to economics minister Rainer Bruederle. He said this in response to the latest figures published by the Bonn-based Institute for SME Research on the number of new businesses being launched in Germany. more
 
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