William Wilkes

Some of Germany’s biggest industrial firms have started to make deep and lasting cuts, an acknowledgment that persistent headwinds like higher energy costs and muted economic growth now require structural changes.

(Bloomberg) -- Deutsche Lufthansa AG said it's on track to meet its financial targets this year and in 2024 as robust travel demand during the summer

Die Deutsche Lufthansa AG ist nach eigenen Angaben auf dem besten Weg, ihre Finanzziele in diesem Jahr und im Jahr 2024 zu erreichen, da die robuste Reisenachfrage während der Sommersaison auch in den langsameren letzten Monaten anhält und Freizeitreisende auf teurere Sitze umsteigen.

(Bloomberg) -- On German unity day, police in Dresden secured a far-right rally from being disrupted by a crowd of black-clad protestors blasting techno music and chanting slogans decrying fascism.

On German unity day, police in Dresden secured a far-right rally from being disrupted by a crowd of black-clad protestors blasting techno music and chanting slogans decrying fascism.

Lanxess AG is slashing its dividend and earnings outlook as high energy prices and a slump in global demand hit the German chemical giant.

(Bloomberg) -- Thyssenkrupp AG's planned sale of half its steel business to a Czech billionaire is likely to drag on due to tough talks with key

Mercedes-Benz Truck’s intake of fresh orders and its existing backlog remain at very strong levels even as Europe’s economy sputters and production recovers from protracted supply-chain problems.

(Bloomberg) -- Thyssenkrupp AG wrote down the value of its steel business by a further €1.8 billion ($1.96 billion), the latest sign of German industry suffering due to high energy costs and a worsening economic outlook.

Thyssenkrupp hat wegen der den Wert seines Stahlgeschäfts um weitere 1,8 Milliarden Euro abgeschrieben. Als Grund nannte der Essener Konzern die konjunkturelle Lage und den Strukturwandel der Stahlindustrie.