By Maria Martinez BERLIN (Reuters) – German Chancellor Olaf Scholz’s three-way coalition has agreed a budget for next year, after a month of wrangling following a constitutional court ruling that …
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BERLIN (Reuters) – German Chancellor Olaf Scholz’s Social Democrats (SPD) agreed on Friday the need for a reform in the medium term of the country’s self-imposed borrowing limits to give …
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BERLIN (Reuters) – Germany’s debt brake must be respected, Finance Minister Christian Lindner told public broadcaster ARD on Tuesday, after a court ruling blew a 60-billion-euro ($64.92 billion) hole in …
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By Christian Kraemer and Maria Martinez BERLIN (Reuters) – German Finance Minister Christian Lindner defended on Friday his supplementary budget for 2023 which suspends Germany’s cap on borrowing this year …
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By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Germany’s budget crisis has given new momentum to reforming self-imposed borrowing limits even among the opposition conservatives, as hunger for sorely …
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BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-allocate 60 billion euros ($65 billion) of unused debt from the pandemic era to climate …
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(Reuters) – Germany sees itself as the European defender of solid finances with its debt brake restricting the public deficit to 0.35% of GDP but the euro zone’s largest economy …
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NEW YORK, NY – Polaris issued a recall for about 1,065 RANGER XP 1000 NorthStar and XP 1000 NorthStar Crew off-road vehicles, including 40 sold in Canada, due to brake …
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TRENTON, NJ – Nearly one million Ford F-150s on the roads may have a brake failure waiting to cause a serious if not deadly incident. Many of those vehicles were …
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By Joice Alves LONDON (Reuters) – European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of …
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WASHINGTON (Reuters) – Tight monetary policy is “unequivocally” slowing the U.S. economy, allowing the Federal Reserve to move “more deliberately” with any further interest rate increases, Richmond Fed President Thomas …
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MEXICO CITY (Reuters) – Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand one of its factories in the northern Mexican state of …
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FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to curb energy prices, the Bundesbank said on Wednesday. With consumer …
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New York, NY – A New York City man who intentionally cut the brake line of an NYPD police car was handed a three-year prison sentence by United States District …
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BERLIN (Reuters) – Germany’s constiutional debt brake will not be affected by a 65 billion euro ($64.68 billion) relief package to help citizens and companies cope with rising inflation, Finance …
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NORTH ELBA, NY – The New York State Police reported that brake failure caused a tractor-trailer to leave the roadway and crash into nearby trees yesterday. According to the New …
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BERLIN – Germany must refrain from funding long-term subsidies with further credit in order to return to its constitutionally enshrined debt brake next year, Chancellor Olaf Scholz said on Wednesday. …
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(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China due to a COVID-19 lockdown, …
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ROME – Italy’s Pirelli said on Thursday it had halted investments in Russia, excluding those linked to security, and that the activity of its factories in the country would be …
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The National Highway Traffic Safety Administration (NHTSA) is investigating over 400,000 Tesla vehicles for unexpected brake activation following a series of recalls by the electric car company. The investigation stems …