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Page 35 - Germany

German carrier Lufthansa rushes to avert second pilots' strike over pay

German carrier Lufthansa said on Tuesday that it planned to improve its pay offer to pilots in an effort to avert a two-day strike this week that could cause significant disruption to travellers. A union representing pilots announced plans for a walkout on Wednesday and Thursday, while calling on the company to makes a serious offer in talks over pay increases. It would be the second strike in a week after pilots staged a walkout on Friday that led to hundreds of flights being cancelled. Lufthansa said it would have to decide by noon which flights to cancel in the coming days and a strike would have massive consequences for its flight plan. In a statement on Tuesday, Lufthansa's personnel chief Michael Niggemann accused the union of seeking to escalate the labour dispute. We will nevertheless do everything to achieve success with an improved offer despite the time pressure, he said. The Vereinigung Cockpit union has called for a 5.5 per cent raise for its members this year and an

German carrier Lufthansa rushes to avert second pilots' strike over pay
Updated On : 06 Sep 2022 | 11:59 PM IST

JP Morgan plans to move work from Germany to UK over power blackout fears

JP Morgan has plans in place to move work from Germany to the United Kingdom amid fears of power blackouts years after moving billions of dollars worth of assets from London to Frankfurt due to Brexit

JP Morgan plans to move work from Germany to UK over power blackout fears
Updated On : 06 Sep 2022 | 6:55 PM IST

Windfall profit taxes are pure economic populism and thus bad policy

Germany's government just became the latest to ingratiate itself with angry voters by promising a windfall tax on energy companies

Windfall profit taxes are pure economic populism and thus bad policy
Updated On : 06 Sep 2022 | 11:22 AM IST

France, Germany to help each other through energy crisis during winter

French President Emmanuel Macron has announced that France and Germany will help each other through the energy crisis and get by the upcoming winter

France, Germany to help each other through energy crisis during winter
Updated On : 06 Sep 2022 | 7:19 AM IST

Germany sticks to nuclear phaseout plan but leaves loophole

Germany is sticking to its long-held plan of shutting down the country's three remaining nuclear power plants this year but keeping the option of reactivating two of them in case of an energy shortage in the coming months, officials said Monday. The announcement follows the publication of a much-anticipated stress test that examined how Germany's power grid will cope with a possible electricity squeeze due to the energy crisis Europe is facing. Like other European countries, Germany is scrambling to ensure the lights stay on and homes stay warm this winter despite the reduction in natural gas flows from Russia amid the war in Ukraine. The government has already announced numerous measures to import gas from other sources and reactivate mothballed coal- and oil-fueled power plants, while urging citizens to conserve as much energy as possible. But there were concerns that Germany's power grid could be heavily strained if consumers switch to electric heaters in the winter and strong .

Germany sticks to nuclear phaseout plan but leaves loophole
Updated On : 06 Sep 2022 | 6:52 AM IST

Scholz promises 65 bn euros to shield Germans through tough winter

Package funded through additional tax revenue; Scholz promises welfare state will shield Germany from turmoil

Scholz promises 65 bn euros to shield Germans through tough winter
Updated On : 04 Sep 2022 | 11:02 PM IST

Germany, France reject EU visa ban on Russians in a joint position paper

It warns against comprehensive restrictions on issuing visas and stresses the importance of not alienating future generations of Russians

Germany, France reject EU visa ban on Russians in a joint position paper
Updated On : 30 Aug 2022 | 11:59 AM IST

Storage targets met in Germany, gas to be cheaper soon, says minister

EU to hold emergency energy talks on September 9, says minister

Storage targets met in Germany, gas to be cheaper soon, says minister
Updated On : 30 Aug 2022 | 12:11 AM IST

Population collapse due to low birth rates a bigger risk than climate: Musk

This is not the first time that Tesla's top boss has warned about declining birth rates. In June 2022, he also shared data from The Wall Street Journal

Population collapse due to low birth rates a bigger risk than climate: Musk
Updated On : 29 Aug 2022 | 7:32 PM IST

No hot showers, street lights; here's how Europe is slashing energy use

As the Kremlin slashes gas deliveries and power-plant outages intensify a supply squeeze, Europe has little alternative but to curtail demand

No hot showers, street lights; here's how Europe is slashing energy use
Updated On : 26 Aug 2022 | 2:37 PM IST

German govt eyes UNESCO intangible cultural heritage status for pretzel

The pretzel has been in use as an emblem of bakers and formerly their guilds in southern German areas since at least the 12th century

German govt eyes UNESCO intangible cultural heritage status for pretzel
Updated On : 26 Aug 2022 | 12:15 PM IST

OPPO 'committed' to Europe after stopping smartphone sales in Germany

OPPO said it is keep on serving its existing customers in Germany

OPPO 'committed' to Europe after stopping smartphone sales in Germany
Updated On : 25 Aug 2022 | 12:33 PM IST

Germany approves stricter Covid measures, expects fresh coronavirus cases

Masks are to be compulsory in clinics and nursing homes throughout Germany, and proof of a negative Covid test will be required before entry

Germany approves stricter Covid measures, expects fresh coronavirus cases
Updated On : 25 Aug 2022 | 10:36 AM IST

Ukraine demands more weapons from Germany as thousands show support

Germany has sent heavy weaponry to Ukraine from its own military stocks, and Chancellor Olaf Scholz announced another the shipment of more than €500 million ($499.3 million) in weapons

Ukraine demands more weapons from Germany as thousands show support
Updated On : 25 Aug 2022 | 9:20 AM IST

Trains that emit steam: Hydrogen-powered locos start chugging in Germany

Manufactured by French company, Alstom, these Coradia iLint trains only emit steam and condensed water and have a range of up to 1,000 km with a maximum speed of 140 kmph

Trains that emit steam: Hydrogen-powered locos start chugging in Germany
Updated On : 24 Aug 2022 | 11:31 PM IST

Mask-free travel on German Chancellor's plane prompts fresh debate

The mask-free passengers did not violate any rules for the flight, the German government has stated

Mask-free travel on German Chancellor's plane prompts fresh debate
Updated On : 24 Aug 2022 | 10:29 AM IST

Germany, Canada sign hydrogen deal in 'historic step for shared future'

Germany and Canada have signed a cooperation agreement for the production and transport of hydrogen on the second day of German Chancellor Olaf Scholz's inaugural trip to Canada

Germany, Canada sign hydrogen deal in 'historic step for shared future'
Updated On : 24 Aug 2022 | 7:21 AM IST

Weaker German, French economic data compound energy and euro woes

The S&P flash composite PMI, which tracks manufacturing and services, showed that a downturn in Germany, Europe's biggest economy, deepened in August due to high inflation and rising interest rates.

Weaker German, French economic data compound energy and euro woes
Updated On : 23 Aug 2022 | 4:46 PM IST

German suppliers register for payments from funds under special gas levy

12 gas suppliers in Germany have registered claims for payments from funds to be collected under a new gas levy to be charged to consumers between October 1 this year and March 2024

German suppliers register for payments from funds under special gas levy
Updated On : 23 Aug 2022 | 7:23 AM IST

German chancellor Olaf Scholz in Canada to diversify energy supply

German leader Olaf Scholz said Monday he's working as fast as he can to reduce Germany's dependence on Russia for energy, but Canadian Prime Minister Justin Trudeau said a business case would be needed to send gas from Canada to Europe. Scholz, who took over from Angela Merkel late last year, is in Canada this week and will sign a deal with Trudeau to supply clean hydrogen to Germany. Canada plays a really, really central role for the development of green hydrogen, Scholz said. That's why we are very glad to be able to expand our cooperation in this area on this occasion too. He said Germany would like to be a partner of Canada in the future export of green hydrogen, but in the meantime natural gas will be needed. Trudeau, however, played down the likelihood of direct gas exports to Germany due to logistical constraints and costs. Trudeau said it would need to make business sense. There are a number of potential projects that are in the books for which there has never been a strong

German chancellor Olaf Scholz in Canada to diversify energy supply
Updated On : 22 Aug 2022 | 11:42 PM IST