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Live news: Russian sanctions force Germany’s exports to Russia to fall by 62%

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German spy refuses to meet Jan Marsalek, Wirecard fugitive in Moscow

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full…

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confectionery German

German confectionery firms could collapse if regulations are not lifted

With, energy, agricultural raw materials, packaging, and transport prices rising sharply, the Federal Association of the German Confectionery Industry (BDSI) says the Ukraine war is now drastically exacerbating the situation, to an extent that it could lead to production – including food – coming to a standstill.Gas is the most important energy source for most…

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German retailer

German retailer sees Intel’s motherboard revenue surpass AMD’s for the first time in years

What just happened? In the eternal processor war between Intel and AMD, team blue has scored a win—to an extent. German retailer Mindfactory reports that Intel’s motherboard revenue has passed AMD’s for the first time in years, though it still lags behind when it comes to the total number of units sold. Twitter’s TechEpiphany (via…

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German Bank Gets Regulatory Nod for Digital Assets Management

The digital investment subsidiary of Hauck & Aufhäuser, one of Germany’s oldest banks, has obtained approval from the country’s regulatory watchdog to become a regulated crypto management company (KVG).  Hauck & Aufhäuser Subsidiary Licensed to Manage Crypto Assets According to a press release on Monday (February 14, 2022), Hauck & Aufhäuser Innovative Capital (HAIC) received…

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economy German

German Economy Minister on Ukraine Crisis: “All means all” for sanctions

German Economy and Climate Minister Robert Habeck attends a joint news conference with French Economy and Finance Minister Bruno Le Maire (not seen) at the Bercy Ministry in Paris, France, February 7, 2022. REUTERS/Sarah MeyssonnierRegister now for FREE unlimited access to Reuters.comBERLIN, Feb 7 (Reuters) – German Economy Minister Robert Habeck said that all possible…

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How German companies court employees

HOYERSWERDA, BAUTZEN, Kamenz and Radeberg are cities in the eastern German state of Saxony that lost tens of thousands of inhabitants, especially the young and the educated, after the collapse of communism. Once a coal-mining hub, Hoyerswerda has seen its population shrink from 70,000 inhabitants in 1985 to 32,000; the average burgher is 53 years…

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American German

American Use for German Ideals

In all the intensity of feeling aroused by the war, we have somehow let escape us the consideration that the German ideals are the only broad and seizing ones that have lived in the world in our generation. Mad and barbarous as they may seem to minds accustomed to much thinner and nicer fare, one…

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German fuel supplier taken offline in cyber attack

Cyber attack against Germany’s Oiltanking, a major fuel logistics company, affects 13 distribution terminals across Germany, in an incident with echoes of last year’s hit on Colonial Pipeline By Alex Scroxton, Security Editor Published: 01 Feb 2022 13:07 Petrol distribution facilities across Germany have been forced to shut off their operational technology (OT) systems in…

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Washington’s German Dilemma

Berlin’s actual attitudes toward Moscow are a sore point inside the Washington beltway. The opportunity for Washington to consider the merits of Moscow’s opposition to Ukraine’s future membership in NATO is now over. Secretary of State Antony Blinken announced “no concessions to Moscow.” Russian Foreign Minister Lavrov reported that the U.S. delegation had side-stepped the core issue: an end to NATO…