The European Commission will examine the full scope of the diesel emissions scandal at its meeting Wednesday, amid allegations German carmakers formed a cartel.
Oliver Schmidt, former head of VW’s compliance office in the US, will plead guilty to criminal charges in the diesel emissions scandal.
Finance Minister Wolfgang Schäuble welcomed Greece’s return to the capital market and called on the country to make further reforms. Greece is taking orders for a new five-year bond, its first since 2014.
The euro has reached $1.17, its highest level in the past two years, as investors see signs of an end to loose monetary policy, combined with a weaker dollar.
Nepali student Bivsi Rana, 15, was deported with her family, but has been allowed to return to Duisburg with a visa after a court decided she was de facto German.
Police are searching for a man in Cologne suspected of attempted murder after he pushed a young tourist onto the rail tracks.
Turkey’s President ramped up criticism of German human rights activist Peter Steudtner, who was arrested for spying, and whom he accused of coming to Turkey to “divide my country.”
Despite Brexit, BMW will build its electric Mini at its site in Oxford, in cooperation with two German plants, the company confirmed.
Regulators fined retailers Peek & Cloppenburg and Wellensteyn, a maker of outdoor-wear, €10.9 million after finding they kept the price of jackets artificially high.
US insurer Athene wants to buy unwanted old policies and become the top player in Germany, where people hold more life insurance policies than the sum of the whole population.
New figures show Germans are paying more to watch more: last year, they spent €2.7 billion for pay TV and video-on-demand, up 10 percent on 2015.
The EU has extended its naval mission off the coast of Libya. “Operation Sophia” will continue to rescue refugees with naval ships through 2018. (Spiegel)
In a speech, Turkish President Recep Tayyip Erdogan criticized Germany, NATO, the US and Israel. He said Turkey reached a “final stage” in talks to procure an air missile defense system from Russia.
In one of Germany’s most high-profile neo-Nazi cases, closing statements in the trial of far-right terror cell National Socialist Union, or NSU, began in Munich on Tuesday.
The departure of Britain from the European Union could significantly disrupt the complex supply chains crucial to several German industries, according to a study by the Cologne Institute for Economic Research.
Online activists Avaaz called on the European competition authority to ban Bayer’s takeover of US agrochemical behemoth Monsanto submitting a petition signed by one million people.
Katarina Barley, Germany’s Social Democratic family minister, has called for children’s rights to be more firmly anchored in the country’s basic law, or constitution.
Germany’s federal court of justice has ruled against banks which automatically charge customers when they send a text message with a code to verify individual transactions.
Sentiment among German businesses is euphoric with the Business Climate Index by the Munich Ifo economics institute hitting a new record high for the third month in a row.
Significantly fewer refugees came to Germany last month compared to one year ago. In June, 3,873 people crossed the border compared to 6,652 in the same month in 2016, according to authorities.
Two months from the election, the Christian Democrats are even further ahead of the Social Democrats: 37.5 percent said they would vote CDU, compared to 25 percent who support the SPD, according to an Insa poll.
German financial regulator Bafin may investigate whether BMW, Daimler and Volkswagen broke rules concerning ad-hoc disclosures that require companies to publish important news without delay.
Polish Prime Minister Beata Szydlo said the government will continue to push for its controversial judicial reform despite President Andrzej Duda’s veto.
Turkish Foreign Minister Mevlüt Cavusoglu and EU Minister Ömer Celik meet EU foreign affairs representative Federica Mogherini and EU expansion commissioner Johannes Hahn today to discuss economic and political cooperation, including migration.
In less than two days, the shares of VW, Daimler and BMW have lost more than €11.4 billion in value on the DAX since the latest emissions-cheating revelations.
Bayer’s plastic spin-off Covestro announced quarterly results which were higher than expected and reiterated its increased profit forecast for the year.
Germans are more centrist than populist, according to a study by the Bertelsmann foundation, suggesting that anti-establishment frustration will not determine the outcome of the election.
Owners of VWs, Audis, Skodas and Seats with manipulated diesel engines must accept a motor software update or risk their cars being de-registered, according to a letter from auto regulators. (Focus Online)
The European Union raised pressure on Facebook, Google and Twitter by setting a deadline to align their user terms to EU law. (Reuters)
