Category: German Press

German FAZ: “Paul fought against violence in traffic, now it has killed him”007962

Almost 1,000 people gathered in front of the Parish Church of La Madeleine in Paris on Wednesday evening to commemorate the cyclist Paul Varry, who was killed nearby the previous day. They laid flowers and lit candles in front of photos of the young man on his bike. The case caused horror throughout France. The… Continue reading German FAZ: “Paul fought against violence in traffic, now it has killed him”007962

German FAZ: Is China now hijacking the offshore wind business?007964

The planned expansion of wind power on the North and Baltic Seas has raised great hopes for new industrialization in the coastal regions because the wind industry has great demand in many sectors. For example, cable producers could do a good deal, explains Carsten Lehmköster from the network operator Amprion, who still sees great demand… Continue reading German FAZ: Is China now hijacking the offshore wind business?007964

German FAZ: Habeck’s daring climate bet007963

The event on Tuesday morning at the Federal Ministry of Economics was a mixture of awarding diplomas and giving gifts. Representatives from more than a dozen companies gathered in the wood-paneled oak hall to receive funding notices from host Robert Habeck (Greens). With so-called climate protection agreements, the state reimburses them for the additional costs… Continue reading German FAZ: Habeck’s daring climate bet007963

German FAZ: “Shop like a billionaire”: The questionable methods of Temu007962

The Temu app is becoming increasingly popular and offers a wide range of cheap products delivered directly from China to Europe. But the hype surrounding cheap goods has a price. The list of allegations is long: blackmail of suppliers, exploitation of manufacturers, cheap copies of branded products, data theft, pollutants, customs and tax fraud. The… Continue reading German FAZ: “Shop like a billionaire”: The questionable methods of Temu007962

German FAZ: There is little sign of the car crisis 007964

There is also good news from the automotive world. While European automakers like Volkswagen and Stellantis are deep in crisis, the world’s third-largest carmaker, Hyundai Motor, began listing its India business on Monday. The South Korean company wants to raise around three billion dollars by issuing shares. That would value the business at $17 billion,… Continue reading German FAZ: There is little sign of the car crisis 007964

German FAZ: Against the electric car frustration007963

Those who are said to be dead live longer, and this also applies to trade fairs. In October 2022, the Paris Motor Show, which traditionally alternates with the German IAA every two years, was only a shadow of its former self. Of the previously more than one million visitors, less than 400,000 remained. Apart from… Continue reading German FAZ: Against the electric car frustration007963

German FAZ: The very low valued stocks in the Dax007962

Most ETF savings plans in this country run on the MSCI World. For good reason. There are success stories with Apple, Microsoft and Nvidia, each of which has more market value than all listed companies in Germany combined. Who else is causing a stir in the stock market world? Saudi Aramco’s oil wealth, for example,… Continue reading German FAZ: The very low valued stocks in the Dax007962

German FAZ: “We need an agreement with China”007964

How to deal with China? This question was a constant topic at the beginning of the week at the Paris Motor Show, where BYD, Xpeng, Hongqi and other Chinese manufacturers presented themselves with growing self-confidence. The CEO of the French Renault Group, Luca De Meo, drummed up pragmatism. “We need an agreement with China,” he… Continue reading German FAZ: “We need an agreement with China”007964

German FAZ: Wheel alignment 007963

In the distant past there was a motor show in Paris: seven halls, eighteen days. It’s Paris today until next weekend: three halls, one week. And yet what looks like decline and is often criticized is different this time. The message of a new wheel alignment is blowing into the world from the French capital.… Continue reading German FAZ: Wheel alignment 007963