City Berlin Financial News
23.01 / 17:56
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Germany's parliament pays tribute to Wolfgang Schaeuble with Macron giving a speech at the memorial
Germany’s parliament has paid tribute to Wolfgang Schaeuble
23.01 / 17:56
UPS
German train drivers' union calls a six-day strike starting Wednesday over pay, working hours
A union representing many of Germany’s train drivers has called another strike to press its demands for better pay and working hours in a bitter dispute with the country’s state-owned main railway operator
22.01 / 16:23
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International
74th Berlin International Film Festival unveils its complete lineup: Know more
74th Berlin International Film Festival revealed its complete lineup at the official press conference in the House of the World Cultures in Berlin. Mariëtte Rissenbeek, Berlinale managing director, and Carlo Chatrian, the artistic director have presented the movies competing for the Golden and Silver Bears this year, both in the encounters and competition segments.
22.01 / 11:35
Provident
Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption
BERLIN (Reuters) — German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business.
18.01 / 20:33
18.01 / 18:09
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Arnold Schwarzenegger stopped by customs over a luxury watch after arriving in Germany
Arnold Schwarzenegger was stopped for hours by customs at Munich Airport after entering Germany with a luxury watch that was potentially to be auctioned at a charity event
17.01 / 20:55
UPS
ICE
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Heavy snowfall and freezing rain disrupt transport in Scandinavia and Germany
Heavy snow and freezing rain have hit parts of northern and central Europe, bringing transport to a halt in some Scandinavian regions and causing major disruption at airports in Frankfurt and Oslo
17.01 / 11:03
Reuters
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Tesla cuts Model Y prices in Germany after China price cuts
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16.01 / 10:25
Reuters
Research
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German investor morale improves in January -ZEW
BERLIN (Reuters) — German investor morale improved in January, the ZEW economic research institute said on Tuesday, reporting a rise in its economic sentiment index to 15.2 points from 12.8 points in December.
15.01 / 13:26
15.01 / 13:25
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Columns of tractors gather in Berlin for the climax of a week of protests by farmers
Columns of tractors are rolling into Berlin as farmers gather for the climax of a week of demonstrations against a plan to scrap tax breaks on the diesel they use
15.01 / 12:49
15.01 / 12:23
14.01 / 22:59
13.01 / 10:25
Manufacturing
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Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains
Tesla says it’s temporarily halting most of production at its German factory because of attacks in the Red Sea, a vital global shipping corridor
13.01 / 02:07
Reuters
Tesla
Trade
Experts
Tesla shares drop on plant shutdown due to Red Sea attacks
Tesla shares dropped in trade after the carmaker said its lone European factory will be disrupted by attacks in the Red Sea. It also cut car prices in China. The company reduced starting prices of the Model 3 sedan by 5.9% to 245,900 yuan ($34,300) and marked down the Model Y sport utility vehicle by 2.8% to 258,900 yuan, according to its website. Hours earlier, Tesla told Reuters it will suspend most production at its Model Y plant near Berlin from Jan.
12.01 / 21:19
12.01 / 16:31
COST
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International
How Yemeni Houthi rebel attacks on ships in the Red Sea are crimping global trade
Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies, a shift that's delaying shipments and raising transport costs. The impact struck home Friday when electric car maker Tesla said it had to shut down its factory outside Berlin from Jan. 29 to Feb. 11 due to delays in supply chains, and as U.S.-led airstrikes hit what the Navy said were Houthi missile and drone launch sites in Yemen.
12.01 / 13:59
Art
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International
Aribam Syam Sharma's "Ishanou" set to grace New York's Museum of Modern Art festival
Aribam Syam Sharma's masterpiece, "Ishanou", is all set to grace the prestigious Museum of Modern Art (MoMA) 'To Save and Project Festival' in New York this month. Manipur State Film Development Society achieves international acclaim with the restoration of Aribam Syam Sharma's masterpiece, «Ishanou» (1990).
12.01 / 13:01
markets
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Tesla
TSLA
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Tesla trades down following price cuts in China
Shares of Tesla (NASDAQ:TSLA) are down more than 3% in pre-market trading Friday morning after the electric automaker officially reduced the price of their Model 3 and Model Y in China, with cuts ranging from Rmb6.5k to Rmb15.5k.
12.01 / 01:07
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