Politics
Angela Merkel
SHENZHEN, May 25- Berlin and Beijing must revamp their relationship to adapt to digital changes, said Angela Merkel, who has made the issue a top priority of her fourth term as German Chancellor. Germany lags behind other industrialised countries and Merkel said during a visit to China she hoped the two countries would sign a memorandum of understanding in the...
BERLIN, May 25- Volkswagen Chief Executive Herbert Diess is hopeful that diplomacy can help defuse trade tensions with the United States which is exploring putting tariffs on auto imports. The Volkswagen CEO, who was promoted to the top job only last month, is part of a German business delegation accompanying Chancellor Angela Merkel on a trip to China.
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BERLIN, May 25- A political row over Europe's energy security is not hindering preparatory work for the subsea Nord Stream 2 gas pipeline from Russia to Germany, with dredging work starting off the Baltic coast last week. The new pipeline, an initiative of Russia's Gazprom and five European companies, will double Russia's export capacity of 55 billion cubic...
Philippe Le Corre of the Harvard Kennedy School says German Chancellor Angela Merkel's visit to China was more diplomatic in tone.
Simone Pohl of the German Chamber of Commerce in China, Shanghai, says strong trade and economic ties between Germany and China are the focus of Chancellor Angela Merkel's visit along with wider market access.
FRANKFURT/ PARIS, May 24- A U.S. warning that it may introduce tariffs on foreign auto imports hit shares in German carmakers BMW, Daimler and Volkswagen, which together control more than 90 percent of the North American premium auto market. The shares fell on Thursday after President Donald Trump's administraton opened a trade probe into whether vehicle...
BRUSSELS, May 24- The head of Ukraine's Naftogaz said on Thursday EU-mediated talks over future Russian gas transit via the country to Europe must include Gazprom and must be based on firm commitments. Russian President Vladimir Putin said on Friday that Moscow was ready for talks with Ukraine on continued gas transits after their contract expires in 2019,...
FRANKFURT/ PARIS, May 24- A U.S. warning that it may introduce tariffs on foreign auto imports hit shares in German carmakers BMW, Daimler and Volkswagen, which together control more than 90 percent of the North American premium auto market. The shares fell on Thursday after President Donald Trump's administraton opened a trade probe into whether vehicle...
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*She says Europe and China support Iran nuclear deal. BEIJING, May 24- China said on Thursday it would "open its door wider" to German businesses, giving a warm reception to visiting Chancellor Angela Merkel, who has wooed Beijing to counterbalance trade threats from U.S. Germany and China, two exporting nations that run large trade surpluses with the United States,...
*She says Europe and China support Iran nuclear deal. Germany and China, two exporting nations that run large trade surpluses with the United States, have found themselves in Trump's firing line and are scrambling to preserve the rules-based multilateral order on which their prosperity rests. Merkel faces a delicate balancing act on the China trip, her 11th...
FRANKFURT, May 24- A U.S. warning it may introduce tariffs on foreign auto imports hit shares in German carmakers BMW, Daimler and Volkswagen on Thursday, which together have a more than 90 percent share of North America's premium car market. Import duties on cars would be a nightmare for the German auto industry and would lead to a massive sales impact, "said Thomas...
*Gains in Shanghai stocks led by Hainan Haiqi Transportation Group Co Ltd and losses by Shanghai Baosight Software Co Ltd. SHANGHAI, May 24- China stocks extended losses on Thursday, after falling the most in a month in the previous session, as caution prevailed amid renewed concerns over China-U.S. trade tensions. ** "China opposes the abuse of national security...
BEIJING, May 24- China is a long-term and responsible investor in the euro and hopes the currency will be strong and steady, in spite of the occasional sovereign debt crisis in Europe, Premier Li Keqiang said on Thursday. "Even when certain European countries had sovereign debt crises, China kept the broader picture in mind." Li's show of confidence in the euro came as...
BEIJING, May 24- China welcomes German firms and will protect their investments, Premier Li Keqiang said on Thursday after meeting visiting German Chancellor Angela Merkel, who said Germany supported Chinese investment there. Germany and China, two exporting nations that run large trade surpluses with the United States, have found themselves in Trump's...
BEIJING— German Chancellor Angela Merkel on Thursday stressed the importance of dialogue with China during a visit to Beijing that comes amid shared concerns over trade with the United States and Washington's rejection of the Iran nuclear deal. Merkel held morning discussions with Chinese Premier Li Keqiang, who said China- Germany relations were "...
BEIJING— German Chancellor Angela Merkel has met with Chinese Premier Li Keqiang on her visit to China amid tension in both Beijing and the European Union over trade issues with the United States and Washington's rejection of the Iran nuclear deal. Her trip follows visits to Washington to meet with President Donald Trump and to Sochi, Russia for talks with...
*Hamburg move follows publication of German court ruling. BERLIN, May 23- Germany's second largest city, Hamburg, will ban the most polluting diesel vehicles from two major streets from next week, a move that could spur others to follow suit and raise pressure on carmakers to consider costly vehicle refits. Hamburg, home to around 1.8 million people, said on...
BERLIN, May 23- Germany's second largest city, Hamburg, will ban the most polluting diesel cars from two major streets from next week, a move that could spur other cities to follow suit and raise pressure on carmakers to consider costly vehicle refits. Hamburg, home to around 1.8 million people, said on Wednesday the ban would start on May 31 and affect diesel models...
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*Hamburg move follows publication of German court ruling. BERLIN, May 23- Germany's second largest city, Hamburg, will ban the most polluting diesel cars from two major streets from next week, in a move that could encourage other cities to follow suit and step up the pressure on carmakers to consider costly vehicle refits. Hamburg, home to around 1.8 million people,...
