The German automaker BMW sold in the third quarter almost the same number of cars as in the same period of the previous year and recovered part of the deficit of the first half, the company reported this week.
BMW sales director Pieter Nota noted that the firm is on track to meet its 2022 turnover…
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Hugo Boss joins the NFT universe
German fashion house Hugo Boss announced that it will join the universe of non-fungible tokens (NFT) with the launch of its own collection.
This will be possible thanks to the association with the company of the Web 3.0 world, Imaginary…
Berlin solves housing shortage by adding flats to old buildings
A project by the municipal company Howoge aims to overcome the housing shortage in Berlin by adding prefabricated flats to older buildings, as presented today.
In this way, he reported, three new apartments and more than 20 homes were…
German minister advocates banning power cuts to homes
The German Minister for Consumer Protection, Steffi Lemke, today advocated prohibiting electricity and gas cuts to consumers who cannot pay the corresponding bills, in statements to dpa.
"The government has decided to put in place a brake…
Germany is going through one of its worst crisis
The huge loss of purchasing power and high price inflation in Germany for energy are leading the economy into recession and the worst crisis of the last 50 years,
While Marc Schattenberg, of Deutsche Bank Research, predicted a drop in…
German gas tanks are 90 % full despite lack of Russian gas
Germany's gas storage facilities are 90.07 %, despite Russia cutting off gas supplies since late August, data from European operators shows.
On Monday night, the level had increased by 0.32 percentage points from the previous day. Level…
The Bundesbank forecasts a recession and double-digit inflation in Germany
The German economy is headed for a prolonged economic recession until next year and inflation will remain at double-digit levels, the Bundesbank forecast in its monthly report released today.
"There are growing signs of a recession in the…
Germany wants industry to co-finance removal of one-use plastics
The German Minister for the Environment, Steffi Lemke, advocated that the manufacturers of single-use plastics share the costs of removing this waste from parks and streets, in statements to dpa on Friday.
Lemke added that the ministry is…
German Future Prize 2022 will be awarded in October
The finalists for the German Future Prize 2022 are: a new radiotherapy technique for cancer patients, innovative microscope technology and an ultra-fast charging station for electric cars.
German President Frank-Walter Steinmeier will…
Germany has the most expensive fuel among its European neighbors
With the end of the so-called gasoline discount at the end of August, fuel prices in Germany were again the most expensive among its neighboring countries in the European Union, the Federal Statistical Office (Destatis) reported today.…
Germany produces more energy from coal and wind
Electricity generation in Germany registered a change in the first half of the year, with a greater share of coal and renewable resources and a decline in gas, the Federal Statistical Office reported today.
Nearly a third of the…
German financial regulator toughens rules to prevent fraud
Bafin president Mark Branson said Thursday that the rules have been changed to prevent fraud. "The purpose of the service directive for the private financial transactions of Bafin employees (...) is to avoid any appearance of misuse of…