German business news
Here are some recent German business news articles:
Economy
- Germany's economy grew by 0.4% in the second quarter, slightly above expectations, according to data from the Federal Statistical Office (Destatis). (Source: Reuters)
- The German government has announced plans to invest €1.5 billion in the country's digital infrastructure, including 5G networks and high-speed internet. (Source: Deutsche Welle)
Industry
- Volkswagen has announced plans to invest €50 billion in electric vehicles and autonomous driving technology over the next five years. (Source: Financial Times)
- Siemens has agreed to acquire a majority stake in the German robotics company, KUKA, for €4.5 billion. (Source: Bloomberg)
Finance
- The German stock market, the DAX, has reached a record high, driven by strong earnings from companies such as Deutsche Bank and Commerzbank. (Source: The Local)
- The European Central Bank (ECB) has announced plans to phase out its bond-buying program, which has helped to boost the German economy. (Source: Handelsblatt)
Trade
- The German government has announced plans to impose tariffs on US goods, including whiskey and motorcycles, in response to US tariffs on European steel and aluminum. (Source: CNN)
- The EU has launched a new trade agreement with Japan, which is expected to boost German exports to the country. (Source: EurActiv)
Startups
- Berlin-based startup, ResearchGate, has raised $52 million in funding to expand its platform for scientists and researchers. (Source: TechCrunch)
- Munich-based startup, Celonis, has raised $290 million in funding to expand its platform for process mining and automation. (Source: Forbes)
Other
- The German government has announced plans to introduce a new law to regulate the use of artificial intelligence in the country. (Source: Sueddeutsche Zeitung)
- The city of Berlin has announced plans to invest €100 million in a new innovation hub, which will focus on topics such as artificial intelligence and cybersecurity. (Source: Berliner Morgenpost)