The far-right Alternative for Germany (AfD) introduced its first bill into parliament, seeking to block some refugees from bringing close relatives out of war-torn countries to join them. (Deutsche Welle)
Amid pressure from investors, ThyssenKrupp CEO Heinrich Hiesinger told Handelsblatt, “We will sharpen the strategy for the whole company and also adjust our financial targets.”
Germany and France plan to introduce a joint Bitcoin regulation proposal at the G20 summit in March. (Reuters)
Despite declining demand for diesel cars, Mercedes-Benz sold more of them in 2017 than the year before, CEO Dieter Zetsche said. (Reuters)
Germany’s outgoing foreign minister Sigmar Gabriel plans to visit Israel at the end of January. He’s hoping it goes better than last time. (DPA)
Potsdam prosecutors accused several doctors of defrauding a local hospital and stealing as much as €3.8 million by colluding with pharmacists to double-bill for an expensive medication. (Die Welt)
Rocket Internet plans to take online furniture retailer Home24 public in early summer, according to insiders. (Manager Magazin)
Storm Friederike is lashing central Germany with hurricane-force winds. At least four people have been killed by falling trees, and Deutsche Bahn has canceled rail service nationwide.
Embattled furniture maker Steinhoff scraped together €60 million of the €200 million it needs to stay afloat from South African financiers. (Reuters)
The EU Commission approved Qualcomm’s $47 billion takeover of Dutch semiconductor maker NXP, with conditions to help maintain competition. (Reuters)
Bosch opened a digital campus in Berlin to explore the Internet of Things, seeding it with €3 million and 250 employees. (DPA)
The proportion of non-performing loans has dropped, but the EU still holds €950 billion worth of bad loans, the EU Commission reported.
US tax reforms burned Deutsche Bank, but insurer Allianz stands to profit: The company expects to save hundreds of millions of euros.
Reducing greenhouse gas emissions by 80% by 2050 would cost €1.5 trillion, according to a report by Germany’s industry federation BDI. A 95% decrease would require a €2.3 trillion investment.
Dubai-based Emirates has signed a $16-billion deal with European plane-maker Airbus for 36 additional A380 aircraft, in a move that could help protect the future of the troubled superjumbo program.
Germany’s leadership in the world now tops that of the US, whose approval under President Donald Trump has dropped to a new low, according to a new Gallup report.
Automotive supplier Continental plans this year to list one of its subsidiaries as part of a restructuring that could see the group split into three units, according to supervisory board chairman Wolfgang Reitzle. (Manager Magazin)
Iran’s central bank has filed a complaint against Deutsche Börse subsidiary Clearstream, seeking restitution of assets worth about $4.9 billion. The German stock-exchanges operator said it will “vigorously contest the claims.”
Few German users receive the internet speeds promised by their service providers, according to a report by Federal Network Agency. For nearly 30 percent of users, speeds were less than half of what was listed in their contracts.