City Berlin Financial News

Germany’s vice chancellor has launched a program initially worth up to 4 billion euros to help heavy industry shift to more climate-friendly production over a 15-year period

A union representing many of Germany’s train drivers has called for another strike in a long and bitter dispute with the state-owned main railway operator over working hours and pay, drawing sharp criticism from the country’s transport minister

Investing.com — Gary Black has typically been a vocal supporter of Tesla (NASDAQ:TSLA), but a recent filing has revealed that the Chicago-based portfolio manager has cut his fund's position in the electric vehicle (EV) giant.

Deutsche Bank analysts expect Tesla's (NASDAQ:TSLA) first-quarter deliveries and earnings to miss current Street expectations by a wide margin, the bank said in a note Monday.

FRANKFURT (Reuters) — Tesla (NASDAQ:TSLA)'s German gigafactory near Berlin could be supplied with electricity again from Monday, the power firm in charge of fixing the ongoing power outage, which has downed the plant since March 5, said.

Germany’s top prosecutor has taken over the investigation into an alleged arson attack on the power supply of the electric car company Tesla near Berlin

Millions of travelers across Germany are being affected by strikes again after two unions called for two-day walkouts over wages and work conditions

By Ilona Wissenbach

FRANKFURT (Reuters) -German police believe a letter by a far-left group claiming responsibility for an arson attack that forced Tesla (NASDAQ:TSLA)'s European Gigafactory to shut down is authentic, a spokesperson for police in the state of Brandenburg said on Wednesday.

By Nette Noestlinger and Christoph Steitz

Production at a Tesla electric vehicle plant near Berlin came to a standstill and workers were evacuated after a power outage that officials suspect was caused by arson

Shares of Tesla (NASDAQ:TSLA) are trading around 1.5% lower in pre-market on Tuesday, following a Reuters report the company had to halt production at its Berlin factory, after suspected arson set an electricity pylon on fire in a field close to the cite.

Thousands of flights and trains are expected to be canceled again this week in Germany after two unions called for more strikes over wages and working conditions

Environmental activists are staging a protest in a forest near Berlin against plans to expand the grounds of electric car maker Tesla’s first plant in Europe and are vowing to stay in place for weeks

Local buses, subway trains and trams have ground to a halt in much of Germany, at the peak of a week of walkouts by employees demanding better working conditions

BERLIN (Reuters) — Inflation fell in six economically important German states in February, preliminary data showed on Thursday, suggesting that German inflation is continuing on its downward trajectory.

Giridhar Aramane and German Ministry of Defence State Secretary Benedikt Zimmer chaired the India-Germany High Defence Committee (HDC) meeting in Berlin on Tuesday. The two sides discussed a range of bilateral security and defence issues, with a focus on developing the defence cooperation as a key pillar of the Strategic Partnership between India and Germany. Giridhar Aramane and Benedikt Zimmer held talks on the regional situation and discussed on potential defence industrial projects and proposals, according to Ministry of Defence press release. The two sides stressed on the need for a closer defence partnership and connecting defence industries of India and Germany. In a press release, Ministry of Defence stated, «They exchanged views on the regional security situation, discussed likely joint exercises with Germany in the Indo-Pacific, and deliberated on potential defence industrial projects and proposals.»

BERLIN—Russian expansionism and fears about American disengagement from Europe are causing such alarm here that Germany is beginning to ponder a question once considered unthinkable: Does it need to have its own nuclear weapons? In recent weeks, German officials have called on France and the U.K.—Europe’s two nuclear powers—to work with Berlin to develop a fallback plan for nuclear deterrence for the North Atlantic Treaty Organization, should the U.S. no longer be willing to fulfill that role.

BERLIN (Reuters) — German consumer sentiment is expected to stabilize at a low level in March as households are confronted with great uncertainty due to constantly rising prices and a weaker outlook for Europe's largest economy, a survey showed on Tuesday.

Alexei Navalny was close to being freed in a prisoner swap at the time of his death, a close ally said on Monday, repeating an allegation by his family and supporters that President Vladimir Putin had him killed. Speaking on YouTube, Maria Pevchikh said talks about exchanging Navalny and two unnamed US nationals for Vadim Krasikov, a Russian FSB security service hit man in jail in Germany, were in their final stages at the time of his death.

Germany's vice chancellor says the country plans to enable underground carbon storage at offshore sites, pushing ahead with a much-discussed technology in an acknowledgement that time is running out to combat climate change