The euro area private sector economy expanded further in April driven by gains in both manufacturing and service sectors, final data from IHS Markit showed on Wednesday. The composite output
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Germany's biggest political power finally chooses who will lead it into crunch election
Pressure has been building on Angela Merkel's conservative alliance to select a candidate to represent the bloc in Germany's general election later this year. Chancellor Angela Merkel announced in 2018
Continue reading »IMF Lifts Global Growth Forecasts Despite High Uncertainty
The International Monetary Fund raised the global growth forecasts on Tuesday amid high uncertainty and warned of divergent impacts from the Covid-19 pandemic such as sharply rising income inequality. The
Continue reading »Tesla is on a collision course with Germany's biggest union and neither side is likely to back down
Tesla is building a giant plant in Germany, but it hasn’t yet made nice with the mighty auto union there. IG Metall will likely make life difficult for Tesla, which
Continue reading »Confidence in Merkel's leadership falters as Germany's pandemic drags
Germany was initially widely praised for its handling of the coronavirus pandemic. A year on, and the situation is very different. Europe's biggest economy is now confronting a third wave
Continue reading »How Merkel’s Legacy Will Test Whoever Succeeds Her
When German Chancellor Angela Merkel steps down following September’s election after nearly 16 years in power, it won’t just be her legacy that’s at stake. Germany’s leadership of Europe will
Continue reading »Germany Recommends Astra Covid Shot Only for People Under 65
Germany cast doubt on AstraZeneca Plc’s Covid-19 shot for the elderly in a move that could perpetuate the European Union’s vaccine supply shortages. The country’s immunization commission recommended that the
Continue reading »Merkel Weighs Tougher German Lockdown as Cases Exceed 2 Million
Chancellor Angela Merkel wants to tighten Germany’s lockdown as the country’s confirmed virus cases since the start of the pandemic surged past 2 million. Merkel aims to meet with regional
Continue reading »Russian opposition leader Alexei Navalny detained upon returning home following poisoning
Alexei Navalny, the Russian opposition leader and critic of Russian President Vladimir Putin, has been detained after flying back to Russia on Sunday. The longtime critic of Russian President Vladimir
Continue reading »Germany’s Shuttered Retailers Turn to Online Rival for Help
In this article Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. For most high-street retailers, the hard lockdowns across Europe mean
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