Torsten Schmidt News Today

High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for Germanys economic model. ... -May 16, 2024 at 05:29 am EDT - MarketScreener

Growing global competition and changes to Germany's economy have some business leaders worried that Germany is headed for de-industrialization, but analysts disagree.

Swiss contract drug manufacturer Lonza has partnered with Oxford Nanopore to enhance the analysis of mRNA products.

BERLIN, Dec. 14 (Xinhua) -- Just one day after the German government announced massive savings in order to deal with its budget crisis, leading economic institutes in the country on Thursday lowered their forecasts for the coming year.

Polymer producer Kraton Corp. is expanding domestically and internationally, and has made several personnel changes recently.

/PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping...

Projection for Germanys GDP has been lowered from 3.1 per cent to –0.4 per cent, according to a recent report. For 2022, the spring forecast is almost halved. The revision...

A fund will be used to limit the price customers pay for natural gas, and the government is dropping a previously proposed surcharge on natural gas.

Germany’s annual rate of inflation hit the highest level since December 1951, amid a looming economic recession.

The German economy will contract in 2023 as inflation continues to rise on the back of soaring energy prices, the countrys leading economic institutes said in a forecast published Thursday. The pace of consumer price rises would increase further over the coming months, coming in at 8.4 percent fo ..