Latest in German Firms
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Volkswagen reaches deal with union on German plants
Agreement to save €4bn includes factory capacity cuts and 35,000 job losses by 2030 ‘in socially responsible’ wayFinancial Times - 9h -
Volkswagen agrees deal to avoid German plant closures
VW and a union have, however, agreed to cut more than 35,000 jobs across the country by 2030.BBC News - 8h -
Car drives into crowd at German Christmas market
A person is in custody after driving a vehicle into a crowded Christmas market in the German town of Magdeburg, injuring several people.NBC News - 9h -
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Shipbuilder Harland & Wolff saved by deal with Spanish firm
Spain's state-owned shipbuilder confirms it is buying Harland & Wolff, best known for the Titanic.BBC News - 1d -
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German election 2025: Who’s ahead in the polls?
After the collapse of Olaf Scholz’s three-party coalition, follow our live-updating polling data and discover other possible coalitions ahead of February voteFinancial Times - 4d -
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Software Firm ServiceTitan Hits $9 Billion Valuation
ServiceTitan’s shares opened at $40 more apiece than the IPO price.Inc. - Dec. 12 -
German election opinion polls – who’s leading for 2025
The German chancellor, Olaf Scholz, has announced fresh elections to the Bundestag for February 2025, after the collapse of his SPD-led coalition. Find out which parties are polling best today. ...The Guardian - Dec. 12 -
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Norway oil firm sued over alleged links to Israeli firm operating in illegal settlements
Exclusive: Complaint says Equinor is unlawfully connected to Israel’s Delek Group, which has been flagged by UN human rights commissioner. The Norwegian oil company Equinor is being sued over ...The Guardian - Dec. 11 -
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Adidas' German headquarters raided in connection with tax investigation
Adidas' German headquarters was raided as authorities investigate a yearslong tax concern.CNBC - Dec. 10 -
Law firms lean into the business of prediction
Expect more lawyers to use data and generative AI to work ever closer with clientsFinancial Times - Dec. 10 -
German Greens leader cosies up to conservatives
Franziska Brantner open to post-election coalition despite CDU blaming ecological party for country’s stagnationFinancial Times - Dec. 8 -
Director claimed £50k Covid loan then closed firm
The Insolvency Service says there is no evidence the company had ever traded.Yahoo Sports - Dec. 7 -
German stock rally counters European gloom
Dax has enjoyed an unexpectedly strong market performance since the US electionsFinancial Times - Dec. 6 -
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China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - Dec. 5 -
Lobbying firm with ties to Trump appears poised to profit from new administration
Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.ABC News - Dec. 4 -
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Tiger Woods has no firm answers on a deal with Saudis or his future as a player
Tiger Woods doesn't have a clear view of the future, whether that's his playing schedule for the PGA Tour's negotiations with the Saudi funders of LIV GolfABC News - Dec. 3 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
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German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
Audit firms sharpen knives for oversight panel under Trump
Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans sayFinancial Times - Dec. 3 -
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Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
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Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
