Page 10 - Germany

Death toll in Germany Christmas market attack rises to 5, over 200 injured

Germans on Saturday mourned both the victims and their shaken sense of security after a Saudi doctor intentionally drove into a Christmas market teeming with holiday shoppers, killing at least five people, including a small child, and injuring at least 200 others. Authorities arrested a 50-year-old man at the site of the attack in Magdeburg on Friday evening and took him into custody for questioning. He has lived in Germany for nearly two decades, practising medicine in Bernburg, about 40 kilometers (25 miles) south of Magdeburg. officials said. The governor of the surrounding state of Saxony-Anhalt, Reiner Haseloff, told reporters that the death toll rose from two to five and that more than 200 people in total were injured. Chancellor Olaf Scholz said that nearly 40 of them "are so seriously injured that we must be very worried about them. Several German media outlets identified the suspect as Taleb A., withholding his last name in line with privacy laws, and reported that he was

World leaders condemn Magdeburg Christmas market car attack in Germany

At least two people were killed and dozens injured in the attack at a Christmas market

Suspected attack at Germany's Magdeburg market kills 2, injures 68

The attack occurred when a car deliberately rammed into a crowd of people at the market, resulting in multiple fatalities and injuries

European car sales decline in November, led by France and Italy: ACEA

The slowdown in electric vehicle (EV) sales was only partly offset by the growth of hybrid-electric car registrations

Germany's Scholz loses confidence vote, setting up early election in Feb

Chancellor Olaf Scholz lost a confidence vote in the German parliament on Monday, putting the European Union's most populous member and biggest economy on course to hold an early election in February. Scholz won the support of 207 lawmakers in the 733-seat lower house, or Bundestag, while 394 voted against him and 116 abstained. That left him far short of the majority of 367 needed to win. Scholz leads a minority government after his unpopular and notoriously rancorous three-party coalition collapsed on Nov 6 when he fired his finance minister in a dispute over how to revitalize Germany's stagnant economy. Leaders of several major parties then agreed that a parliamentary election should be held on Feb 23, seven months earlier than originally planned. The confidence vote was needed because post-World War II Germany's constitution doesn't allow the Bundestag to dissolve itself. Now President Frank-Walter Steinmeier has to decide whether to dissolve parliament and call an ...

We must win back market share, rethink strategy: Mercedes-Benz labour chief

Mercedes-Benz Cars sold 1.46 million cars in the first nine months of this year, down 4.3% from the same period of 2023

German Chancellor Scholz to ask parliament to clear way for new elections

The departure last month of the neoliberal Free Democrats from the three-way coalition left Scholz's Social Democrats and the Greens governing without a parliamentary majority

Syrians in Germany show no rush to leave as their labour is in demands

Syrian employers, trade unions and business associations are now speaking up to stress how much they are needed in a German economy facing deep labour shortages

JK Tyre to get 30 million euros long term loan from German entity

The company will invest the funds in a sustainable expansion of production capacities at its Madhya Pradesh-based passenger car radial tyre facility, the tyre maker said in a statement

Battle for Seven & i shows Japan Inc's resilience amid management buyout

Seven & i Holdings Vice President Junro Ito swooped in last month with an offer to take private the company founded by his late father

German Chancellor Scholz to submit Parl request to hold confidence vote

Scholz has agreed with the opposition to hold the vote on Feb 23, setting Germany up for a short and wintry election campaign

Europe's economy to suffer if chaos continues in France, Germany: Experts

Even before the French and German governments collapsed, Europe's economy had enough difficulties. Tepid growth and lagging competitiveness versus the US and China. An auto industry that's struggling. Where to find billions for defense against Russia? And now Donald Trump threatening tariffs. Solutions will be harder to find while the two countries that make up almost half of the eurozone economy remain stuck in political paralysis well into 2025. Where once there was the so-called French-German axis to push Europe ahead, now there's a vacuum. French Prime Minister Michel Barnier resigned Thursday after losing a vote of confidence, and while President Emmanuel Macron will appoint a successor, the new head of government will lack a majority. Elections are not constitutionally permitted until at least June. Germany's coalition led by Social Democratic Chancellor Olaf Scholz with the Greens and pro-business Free Democrats fractured in November, triggering an early election on Feb. 23.

Freedom: Book explores ex-German chancellor's journey, record, and vision

Merkel devotes a long section of her book to the rapid and unexpected events that followed November 1989

Volkswagen workers to go on warning strikes at plants across Germany

"If necessary, this will be the toughest collective bargaining battle Volkswagen has ever seen," IG Metall negotiator Thorsten Groeger said in a statement

Germany needs 288,000 immigrants yearly: How Indians can help fill the gap

Earlier this month, Germany announced it would issue over 10% more professional visas in 2024 to address labour shortages

Google to tweak search results in Europe after rivals highlight low traffic

Under the EU Digital Markets Act (DMA), Google is prohibited from favouring its products and services on its platform

Thyssenkrupp to cut 11K jobs at steel division in major corporate shakeup

Germany's largest steelmaker, a division of Thyssenkrupp AG , is under pressure from cheaper Asian competitors, high power prices and a weakening global economy,

Merkel says she felt sorrow at Trump's win, recalls awkward non-handshake

Merkel worked with four American presidents while she was German chancellor. She was in power throughout Trump's first term - easily the most tense period for German-US relations of her 16-year tenure

Bosch plans to slash 5,550 jobs in latest blow to German auto sector

Bosch, the world's biggest car parts supplier, said it is planning to cut 3,500 jobs by end-2027 in its cross-domain computer solutions division

Ashwini Vaishnaw invites German companies to trust, invest in India

Union Minister Ashwini Vaishnaw has invited German companies to invest in India, saying it is a trusted partner which offers political and economic stability. Addressing the TV9 Global Summit in Stuttgart on Thursday evening, he said India was growing steadily at 6-8 percent and was poised to continue this trajectory for many years to come. "Consider including India in your supply chain. India hosts over 1,800 global capability centres across virtually every sector. We offer a vast pool of talent, with world-renowned capabilities in IT," the minister said. "The success of our government reflects in the fact that good economics can also make good politics. While many democratic nations have faced turmoil, India remains a trusted partner, offering both political and economic stability," he said. Vaishnaw said India had a very healthy balance sheet, with debt at 57 percent of the GDP, well below the debt levels seen in other large economies. "This success is not a coincidence. It is