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☆ Some 1.1 million people came to Germany from Ukraine in 2022
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Feb 16 (Reuters) - Some 1.1 million people arrived in Germany from Ukraine in 2022, exceeding the influx of migrants from the Middle East around 2015, Germany's federal statistical office said on Thursday. Two thirds of the immigrants from Ukraine arrived in the first three months after Russia's invasion of Ukraine, between March and May of last year, it said. The data comes days before the one-year anniversary of the invasion on Feb. 24, which led to millions of Ukrainians being displaced. Excluding those who returned to Ukraine, immigration from Ukraine to Germany was 962,000 in 2022, more than the total of 834,000 that came from Syria, Afghanistan and Iraq together between 2014 and 2016, it said. That made Ukrainian citizens the second largest foreign population in Germany after Turkish nationals by October 2022, it said.

☆ Adidas forecast for 2023 sales slump spooks investors
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +2 min

BERLIN, Feb 10 (Reuters) - Adidas flagged that it expects a high single-digit decline in sales this year, sending its shares more than 10% lower in premarket trade early on Friday. Analysts on average had expected a 4% rise in 2023 revenue on a currency-neutral basis and operating profit of 1.02 billion euros, according to a consensus published on Adidas' website. The news came as it missed its own forecasts with a rise of just 1% in 2022 revenue in currency-neutral terms. Jefferies cut its recommendation on Adidas stock to "hold" from "buy", citing "challenges in articulating the mid-term profit delivery". ($1 = 0.9307 euros)Reporting by Victoria Waldersee and Maria Sheahan; editing by Kirsten Donovan and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ Crucial euro zone inflation data will only include estimate for Germany
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: +1 min

BERLIN/FRANKFURT, Jan 30 (Reuters) - Crucial euro zone inflation data due a day before the European Central Bank's Thursday meeting will only include an estimate for Germany after the bloc's biggest country delayed the release of its own figures, Eurostat said on Monday. German statistics agency Destatis unexpectedly pushed back the publication of German data to an unspecified date next week from Tuesday because of technical issues in processing data, it said in a statement. Instead of using reported German data, Eurostat, the European Union's statistics agency, will estimate German price growth, but will not publish this figure separately. Once Destatis figures are released, Eurostat will include them in final inflation data, set to be published on Feb 23. The ECB is all but certain to raise rates by a half a percentage point on Thursday but the fresh inflation data are still crucial for the bank's policy guidance for subsequent meetings.

☆ Germany agrees to send Leopard tanks to Ukraine, allies to follow
▼ + stars: | 2023-01-25 | by ( Andreas Rinke | ) www.reuters.com time to read: +5 min

Germany's decision paves the way for other countries such as Poland, Spain, Finland, the Netherlands and Norway to supply some of their Leopard tanks to Ukraine, going some way towards delivering the hundreds of tanks that Ukraine says it needs. "Germany will always be at the forefront when it comes to supporting Ukraine," Scholz told German parliament to applause. Germany aims to quickly establish two battalions with Leopard 2 tanks for Ukraine and initially provide 14 Leopard 2 tanks from its own inventory. A battalion normally comprises three or four companies with around 14 tanks each. Poland has also pledged 14 tanks and Britain has promised 14 of its own Challengers.

☆ TUI: Luxury holiday demand boosts sales
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Jan 20 (Reuters) - Travel giant TUI (TUIGn.DE) reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than they had been in the corresponding 2018/19 period, before the COVID-19 pandemic hit international travel. "Demand is currently particularly strong," said Steffen Boehnke, director of airtours, TUI's luxury travel segment, in a statement. Sales for the summer 2023 period were above the level seen last year following strong bookings in the first weeks of January, according to the statement. "Our guests are booking more high-quality and for longer," said Boehnke, adding that trips were two and a half days longer on average and that around one in four travellers were choosing accommodation with villas or suites with a private pool. Reporting by Klaus Lauer, Writing by Rachel More, Editing by Maria SheahanOur Standards: The Thomson Reuters Trust Principles.

Deutsche Bank declined to comment. The person did not give details of the size of the overall bonus pool for the whole of Deutsche Bank, which also includes retail, corporate and asset management divisions. Deutche's investment bank is expected to report 3.7 billion euros in pretax profit for 2022, roughly flat versus 2021, based on a consensus forecast of analysts. Reuters GraphicsDeutsche has been heavily reliant on its volatile investment bank for its return to profitability, but is hoping to depend instead on more stable businesses that serve companies and retail customers. The Financial Times first reported the Deutsche investment bank bonus decline.

☆ Greta Thunberg arrested at German mine protest, will be freed later - police
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +3 min

LUETZERATH, Germany, Jan 17 (Reuters) - Climate campaigner Greta Thunberg was detained alongside other activists on Tuesday during protests against the demolition of the coal village of Luetzerath but the entire group will be released later in the day, according to police. It might take hours or they will go immediately," a spokesperson for regional police in Aachen said, speaking about the whole group of demonstrators. Activists have said Germany should not be mining any more lignite and should focus on expanding renewable energy instead. "Greta Thunberg was part of a group of activists who rushed towards the ledge. "Germany is one of the biggest polluters in the world and needs to be held accountable," she said.

☆ German harmonized inflation eases to 9.6% y/y in December
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Jan 16 (Reuters) - German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in harmonised terms, the federal statistics office said on Tuesday, confirming preliminary data. This compared with an annual harmonised inflation rate of 11.3% in November and 11.6% in October. For the whole of 2022, harmonised inflation came in at 8.7%, said the office, which publishes more detailed data on its website. Writing by Rachel More; Editing by Maria SheahanOur Standards: The Thomson Reuters Trust Principles.

☆ German wholesale prices rise in December but at slower pace
▼ + stars: | 2023-01-16 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Jan 16 (Reuters) - Germany's wholesale price index rose in December compared with the same month last year although at a slower pace than in previous months, according to data released on Monday. Wholesale prices rose by 12.8% on the year, compared with a November reading of 14.9%, the federal statistics office reported. Wholesale price growth peaked in April, with a 23.8% year-on-year increase. High wholesale prices are driven mainly by increased prices for raw materials and intermediate products. In December, the prices of mineral oil products rose 22.8% compared with December 2021, having the largest impact in the wholesale price index, Destatis said.

☆ German exports unexpectedly fall in November
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Jan 5 (Reuters) - German exports unexpectedly fell in November as high inflation and market uncertainty continue to weigh on Europe's largest economy despite fading supply chain problems. Exports fell by 0.3% on the month, data from the federal statistics office showed on Thursday. November's drop comes after October's figures were revised up, to growth of 0.8% from an initially reported 0.6% fall. Shipments to Germany's top export partner, the United States, were down 1.5% on the month in November, while exports to European Union member states fell by 0.4%. "The export sector supports the prospect of a mild recession," he added.

☆ Scholz, Macron may visit Brazil's Lula in early 2023, sources say
▼ + stars: | 2022-12-30 | by ( Lisandra Paraguassu | ) www.reuters.com time to read: +1 min

BRASILIA, Dec 30 (Reuters) - German Chancellor Olaf Scholz and French President Emmanuel Macron may visit Brazil's President-elect Luiz Inacio Lula da Silva in Brasilia in early 2023 after he takes office, two sources told Reuters. The French and German leaders may visit Lula in Brazil as soon as January, the two sources said, with exact dates still being negotiated. Scholz's office said it had no information about plans for such a trip, while the Elysee did not respond to a request for comment. Last year, even before he was formally a presidential candidate, Lula was welcomed by both Scholz and Macron in their countries. In addition to receiving counterparts in Brasilia, Lula is also planning trips of his own, including visits to the United States, China and Argentina early in his term.

☆ NATO's Stoltenberg calls for more weapons for Ukraine - DPA
▼ + stars: | 2022-12-30 | by ( ) www.reuters.com time to read: +2 min

BERLIN, Dec 30 (Reuters) - NATO Secretary General Jens Stoltenberg called on NATO member states to supply more weapons to Ukraine, according to an interview published on Friday. It is in all our security interests to make sure Ukraine prevails and (Russian President Vladimir) Putin does not win," Stoltenberg told German news agency DPA. NATO's Stoltenberg told DPA that military support for Ukraine was the fastest way to peace. Russia invaded Ukraine on Feb. 24 in what Putin calls a "special military operation" against what he perceives as threats to Russian security. Ukraine and its Western allies have denounced Russia's actions as an imperialist-style land grab and imposed sanctions to try to disrupt the campaign.

Prime Minister Giorgia Meloni may say more on this in her end-of-year news conference from around 11:30 a.m. (1030 GMT). It was unclear when the EU health committee, which started its meeting on Thursday morning, would end and what decisions it could take. The Health Security Committee is composed of officials from health ministries across the bloc and chaired by the Commission. It has met frequently at the height of the COVID-19 pandemic in Europe to coordinate policies. China has rejected criticism of its COVID statistics as groundless and politically motivated attempts to smear its policies.

☆ Infineon ready to spend billions on acquisitions - CEO
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +1 min

MUNICH, Dec 28 (Reuters) - Infineon (IFXGn.DE) is ready to spend several billion euros on the right takeover target as it searches for acquisitions, Chief Executive Jochen Hanebeck said in an interview published on Wednesday. The German chip maker is constantly "on the lookout" for suitable companies, Hanebeck told Frankfurter Allgemeine Zeitung (FAZ). "I see it in the range of up to a few billion (euros)." In its fiscal year through September 2022, Infineon posted a rise in revenue by nearly 30% to 14.2 billion euros ($15.1 billion), while segment profit jumped 63% to 3.4 billion euros. It is quite conceivable that start-ups that are not sufficiently well financed, for example, would want to join a corporation, Hanebeck told FAZ.

☆ German businesses expect only mild recession as disruptions ease
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +2 min

There have been growing signs that the German economy could stave off the worst of an economic downturn triggered by a plunge in energy supply from Russia after the Ukraine invasion. Inflation slowed slightly to 11.3% in November from a high of 11.6% the month prior as energy prices eased. The Association of German Chambers of Industry and Commerce (DIHK) said there were many indications that supply chain disruptions were gradually easing. However, the DIHK warned that soaring energy prices and easing consumer sentiment were still clouding the outlook for 2023. The ZDH association of craftsmen echoed the DIHK, saying noticeably fewer orders were coming in for next year.

☆ World's largest freestanding cylindrical aquarium bursts in Berlin
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +1 min

[1/3] Emergency services work on a street outside a hotel after a leak of the AquaDom aquarium in central Berlin near Alexanderplatz, with water poured out onto the street, in Berlin, Germany, December 16, 2022. REUTERS/Michele TantussiBERLIN, Dec 16 (Reuters) - An aquarium in Berlin that was home to around 1,500 exotic fish burst early on Friday, prompting around 100 emergency responders to rush to the scene at an inner-city leisure complex, emergency services said. "In addition to the unbelievable maritime damage... two people were injured by glass splinters," Berlin police said on Twitter. It was the world's largest freestanding cylindrical aquarium at 14 metres (46 ft) in height, according to the website of the DomAquaree complex, which houses a Radisson hotel, a museum, shops and restaurants. Writing by Rachel More and Maria Sheahan, editing by Kirsti Knolle and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

☆ German police give all-clear after hostage-taking in Dresden
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Dec 10 (Reuters) - German police gave the all-clear after a hostage-taking that had prompted it to evacuate a shopping mall in the historic city centre of Dresden and shut the famous Striezelmarkt Christmas market on Saturday. "All-clear! The hostage situation in #Dresden is over!" police said on Twitter, adding that two people who appeared to be unharmed were in its care. Writing by Maria Sheahan; Editing by Sarah MarshOur Standards: The Thomson Reuters Trust Principles.

☆ Police in Germany's Dresden give all-clear after hostage-taking
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Dec 10 (Reuters) - Police said they had ended a suspected hostage-taking in the eastern German city of Dresden on Saturday, after evacuating a shopping mall in the historic city centre and shutting the famous Striezelmarkt Christmas market. The hostage situation in #Dresden is over!" police said on Twitter, adding that two people who appeared to be unharmed were in its care. It said that police said the hostage-taking at the Altmarkt-Galerie shopping mall was related to the killing but declined to provide further details. Reporting by Sarah Marsh and Maria Sheahan; Editing by Ros RussellOur Standards: The Thomson Reuters Trust Principles.

☆ Mercedes to double electric motor output at Untertuerkheim - WiWo
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Dec 6 (Reuters) - Mercedes-Benz (MBGn.DE) is to double production capacity for electric motors to 1 million units at its Untertuerkheim plant, which has traditionally focused on combustion engines, WirtschaftsWoche magazine reported on Tuesday. The German carmaker's management and works council struck an agreement on restructuring the site in southwestern Germany, which also foresees a 20% reduction in fixed costs by 2025 compared with 2019 and workforce cuts, the report said, citing company sources. Writing by Rachel More; Editing by Maria SheahanOur Standards: The Thomson Reuters Trust Principles.

☆ German government not planning blanket Huawei ban
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +3 min

BERLIN, Dec 2 (Reuters) - Germany does not want to follow the United States in generally banning products made by Chinese telecoms equipment makers such as Huawei, but will continue making such decisions on a case-by-case basis, an Economy Ministry spokesperson said on Friday. A German Economy Ministry strategy paper seen by Reuters on Thursday detailed recommendations to increase the level of scrutiny on the use of components from certain states. The paper mentions legislation introduced in Germany in 2020 that set high hurdles for makers of telecommunications equipment for next-generation networks, such as Huawei. When asked whether it expected a tightening of rules or even a ban in Germany or the European Union, Huawei told Reuters on Friday it relied on constructive and facts-oriented dialogue. Representative Michael McCaul, top Republican on the U.S. House Foreign Affairs Committee, said Germany was "jeopardizing its own national security and that of Europe's" in its decision on Huawei.

☆ German economy beats expectations with 0.4% growth in Q3
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 25 (Reuters) - The German economy grew slightly more in the third quarter than preliminary figures suggested, bolstered by consumer spending, data showed on Friday. Europe's largest economy grew by 0.4% quarter on quarter and 1.3% on the year, adjusted for price and calendar effects, the federal statistics office said. Analysts polled by Reuters had expected the economy to grow by 0.3% in the third quarter on quarter and 1.2% on the year. In the previous quarter, the German economy grew slightly, by 0.1% quarter on quarter. In its latest forecast, the government predicted the economy would grow by 1.4% this year and slump by 0.4% next year.

☆ UN rights chief: full-fledged crisis underway in Iran
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +1 min

GENEVA, Nov 24 (Reuters) - The U.N. human rights chief on Thursday made a strong appeal to Iranian authorities to stop their "unnecessary and disproportionate" use of force against protesters in Iran in a speech to the Human Rights Council on the ongoing crisis. The meeting is seen as a key test of the West's clout within the council following a thwarted attempt to create greater scrutiny of China's human rights record last month. Newly appointed United Nations High Commissioner for Human Rights Volker Turk gives a statement during a news conference at Palais Wilson in Geneva, Switzerland November 2, 2022. REUTERS/Denis Balibouse"We are now in a full-fledged human rights crisis," High Commissioner of Human Rights Volker Turk said in his first address to the council since starting last month. Reporting by Emma Farge; Editing by Maria Sheahan and Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Germany-Japan World Cup match a big draw for viewers in Japan, less so in Germany
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +1 min

BERLIN/TOKYO, Nov 24 (Reuters) - The Germany-Japan World Cup match on Wednesday prompted record access numbers for Japanese online streaming platform Abema, while viewership in Germany more than halved from the national team's opening match four years ago, data showed. Some 9.2 million people tuned in to German broadcaster ARD's coverage to see the match, according to data from audience measurement firm AGF. In the 2018 World Cup, 25.96 million viewed Germany's first match against Mexico. The match, in which Japan scored a stunning 2-1 upset over four-times champions Germany, took place at 2 p.m. local time in Germany, when many people were at work. Millions more viewed the match on streaming platform Abema, where access reached a record of more than 10 million on Wednesday helped by the match, according to parent company CyberAgent Inc. (4751.T).

☆ U.S. FBI joins Continental cyberattack investigation
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 23 (Reuters) - The U.S. Federal Bureau of Investigation (FBI) is involved in an investigation of a recent cyberattack on German automotive supplier Continental (CONG.DE), a person familiar with the matter told Reuters on Wednesday. The FBI was brought on board by German security authorities, the person said, confirming an earlier Handelsblatt report. Continental declined to comment, and the FBI was not immediately available for comment. Continental said earlier this month it was investigating the theft of company data in a cyberattack in August but declined to comment on media reports that hackers had put the information up for sale. Handelsblatt said the hackers had put the data up for sale for $50 million after Continental "apparently did not want to pay a ransom".

☆ Almost one in five Germans dipping into savings to get by - poll
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 22 (Reuters) - Nearly one in five people in Germany have had to draw on their savings to cover everyday costs as rising inflation cuts into their purchasing power, a survey by the Kantar polling institute published on Tuesday found. According to the survey of 2,000 people, 19.4% of respondents said they were using their savings to get by. By contrast, 57.4% of respondents said they could manage without having to dip into savings. German consumer prices, harmonised to compare with other European Union countries, were up 11.6% on the year in October. Reporting by Klaus Lauer, Writing by Miranda Murray, Editing by Maria Sheahan and Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

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