China’s economic challenges - Greek miners protest permit delays - Hannover in running to host Euro 2024
Once again the latest monthly business confidence index by Germany's Ifo research institute shows the mood among German executives only keeps getting rosier despite political unease over the next German government.
Coalition talks may be stalling, but the new German parliament is still getting on with its day-to-day business. Cities and states are also pressing on with their work — but make it clear they want a coalition soon.
Better than expected business in its material services and elevators unit have helped the German steelmaker beat full-year earnings forecasts, despite a net loss related to the sale of a steel mill in Brazil.
Fresh data is showing that rebounding exports and rising business investments were the main drivers of growth in Europe's largest economy over the summer, confirming Germany's robust expansion.
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