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News-Feed from Handelsblatt global
Despite different strategies, US, EU and Japan united to curb China
European diplomats are pleased. While the US loudly announces new tariffs on China, the EU is quietly planning more negotiations as the pressure on China increases.
Domestic spy chief Maassen forced into new, high-ranking role
Chancellor Angela Merkel's coalition removed the controversial head of the country's domestic spy agency but stopped short of firing him to avoid government collapse.
Starbucks to make German outlets chicer together with Amrest
Starbucks is feeling the heat from global rivals and is responding by going upmarket. In Germany, it’s trying to resume its stalled growth with the help of Polish catering group Amrest.
Could the Ruhr area be Germany’s next startup hot spot?
The Ruhr Valley gave Germany its first industrial revolution; now entrepreneurs want to launch a new one. The advantages are great, but so are the hurdles.
Opel still floundering under PSA control
Forget Opel’s first profit in two decades: Under its new French owner, the former GM-owned carmaker is losing staff, its development center has fewer contracts and its market share is shriveling.
Job search at Audi…
... and BMW ain’t helping. Also: Will Merkel fire Maassen? And what she got up to in Algeria. And why Germans like the shiny new euro bills more than most others do. Our Daily Briefing for September 18, 2018.
EU-Swiss talks on new accord stymied by Brexit worries
EU Commissioner Jean-Claude Juncker is pushing for a quick conclusion, but Swiss unions want to preserve some exceptions to EU rules — which the British would also like to have.
Shipbuilders pleased as Germany’s new warships cost more than expected
The navy plans to spend more than €20 billion on ships over the next decade, with €5.3 billion alone for four new MKS 180 multiuse corvettes.
The lawyer suing VW on behalf of 3,500 investors
The man taking on the world’s biggest carmaker helped implement a German version of class-action lawsuits. He has already successfully used the law against Deutsche Telekom and Hypo Real Estate.
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