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Deutsche Bahn

Canadian Group Bombardier Lands German Train Deal

Engineers at work on a Bombardier double-decker coach train

The rail division of Canada's Bombardier group has signed a framework agreement to provide German rail Deutsche Bahn with passenger rail cars in a deal worth some 1.5 billion euros ($2 billion).  »

 

Economy

Record 40 Million Germans With Jobs in 2008

A German construction worker

A record 40.3 million people were employed in Germany last year, according to figures released by the Federal Office of Statistics. Elsewhere, however, there was further grim news for the German manufacturing sector. »

 

Aviation

Report: Lufthansa 'Interested' in Scandinavian Market

Lufthansa planes

German airline Lufthansa has confirmed it's been in talks with its ailing Scandavanian counterpart SAS, prompting a surge in SAS shares on Friday. »

 

Economy

Expert: Not All Bad News for German Job Market in 2009

Jobs on offer in the window of a Frankfurt employment agency

Despite the economic crisis, Germany's Federal Employment Agency doesn't anticipate an increase in the number of long-term unemployed people in 2009. One of the reasons: steady demand for skilled workers. »

 

Economy

German Finance Minister Warns Against New "Growth Bubble"

Finance Minister Peer Steinbrueck

German Finance Minister Peer Steinbrueck has warned against cutting interest rates to spur the country's economy, a move he insists would lead to a hazardous "growth bubble" in Germany. »

 

Business

Inflation in Germany Dips in December

The Euro sculptur at the European Central Bank headquarters in Frankfurt, Germany

German inflation slowed to 1.1 percent in December, mainly as a result in a steep fall in the price of fuel, the Federal Statistics Office, Destatis, said Tuesday, Dec. 30. »

 

Business

Job Cuts Likely in 2009 Despite Promises, Employer Head Says

car assembly line

German companies could be forced to lay off workers next year, despite job guarantees offered by the nation's top corporations, the head of the country's industry federation said in an interview on Thursday, Dec. 25. »

 

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