Klaus Lauer

The four German states with a Volkswagen presence want to work together to ensure that the struggling carmaker does not shut any of its plants, the states' economy ministries said in a joint position paper seen by Reuters on Monday.

Irish low-cost airline Ryanair said on Thursday it would cut 12% of its traffic through German airports, making good on threats to reduce its presence in the country due to some of the highest location charges in Europe.

German media empire Axel Springer will be split between CEO Mathias Doepfner and private equity firm KKR , the company said on Thursday, in a deal that secures the billionaire chief executive's control over news titles Bild and Politico.

German billionaire Mathias Doepfner and KKR reached a fundamental deal in summer to split up the media giant Axel Springer, a source familiar with the situation told Reuters on Saturday.

German exporters are facing a recession and the country's economic model is coming under "massive pressure", the BGA trade lobby said on Wednesday, as new forecasts indicated a further deterioration in foreign trade.

German media, services and education firm Bertelsmann plans to invest more than 8 billion euros ($8.86 billion) as part of its growth strategy in the five years to 2026, more than previously envisaged, its CEO told Reuters on Wednesday.

Irish low-cost airline Ryanair said on Tuesday it would cut 20% of its traffic at Berlin-Brandenburg airport, making good on threats to reduce its presence in the German capital due to some of the highest location charges in Europe.

German business morale fell for a third consecutive month in August, a survey showed on Monday, pushing back recovery hopes for Europe's largest economy.

The German government is working on a deal to secure the future of Meyer Werft, a 229-year-old shipyard and one of the world's largest cruise ship builders, Chancellor Olaf Scholz assured workers during a visit to the company on Thursday.

German Chancellor Olaf Scholz will on Thursday visit shipbuilder Meyer Werft, raising union hopes for government support for the company which is battling to fill a 2.7 billion euro ($3 billion) hole in its finances.