The authorities said they were struggling to understand the motives behind ramming a car into a Christmas market in the eastern city of Magdeburg, which left a 9-year-old boy among the five dead.
Category: Germany
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Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.
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Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
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Severing of Baltic Sea Cables Was ‘Sabotage,’ Germany Says
Germany’s defense minister said damage to two fiber-optic cables on the sea floor appeared deliberate, but a culprit was not known.
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Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
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Leni Riefenstahl’s Nazi Beliefs Seen in New Film
Recent access to Leni Riefenstahl’s estate has prompted new discussions in Germany about her politics and a reconsideration of her photographs of the Nuba people in Sudan.
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Why Germany Is Resisting UniCredit’s Takeover of Commerzbank
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.
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For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.