Germany

Axel Springer’s media assets to be split off in €13.5bn KKR deal

Axel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider and newspapers Bild and Die Welt, hived off into a...

Germany inks controlled labor migration deal with Kenya

Germany and Kenya signed an agreement on Friday in Berlin seeking to allow more skilled workers from the east African country to live and...

BMW shares fall to four-year low as recall of 1.5m cars announced

Shares in BMW tumbled as the carmaker revealed it will have to recall 1.5m vehicles over a braking problem, costing it almost €1bn (£0.84bn).The...

Germany’s Border Control Expansion Strains EU Unity

The decision by Germany to expand border controls has created significant friction within the European Union, challenging the ethos of unity and open...

An ‘earthquake’ at Volkswagen – and a crisis for Germany?

‘Earthquake at Volkswagen” ran the stark headline in the Wolfsburger Nachrichten, the newspaper serving the north German city that is synonymous with the carmaker. The...

Volkswagen has ‘a year, maybe two to turn around’, financial chief warns

Volkswagen says it has “a year, maybe two” to adapt to a slump in European car sales, as it seeks to justify proposals to...

Volkswagen considers German plant closures to save billions in costs

Volkswagen is considering shutting two German factories in what would be the carmaker’s first closures ever in its home country as it struggles with...

The German problem? It’s an analogue country in a digital world | Larry Elliott

Sir Keir Starmer is not the first Labour leader to hanker after a closer relationship between Britain and Germany. Jim Callaghan snuggled up close...