City Berlin Financial News

Everton Football Club is close to an agreement to be acquired by 777 Partners following months of talks between the parties, according to a person with knowledge of the matter.

TOKYO—Japan’s stock market has ripped higher this year. Money managers think that this time, the gains might actually last. Corporate policy changes pushed by the country’s stock exchange, an endorsement from Warren Buffett and relatively low valuations have helped Japanese stocks become one of the best-performing markets in the world this year.

Shah Rukh Khan is making waves with his latest movie, Jawan, which has already minted over Rs 150 crore worldwide. Often referred to as the «King of Bollywood, he has won hearts worldwide with his iconic roles and charismatic presence on the Indian silver screen.

climate crisis, the French government is set to propose a minimum flight price policy to the European Union, potentially spelling the end of ultra-cheap flights within Europe. Clément Beaune, the French Transport Minister, emphasized in an interview with L’Obs that low-cost flights are no longer sustainable, primarily due to the climate emergency. He argued that the rock-bottom fares do not account for the true environmental cost, stating that they "[don’t] reflect the price for the planet." This announcement comes on the heels of France's decision to ban select short-haul flight routes, encouraging travelers to opt for rail travel and thereby reduce carbon emissions. While this ban has, for now, affected only three routes (Paris-Orly to Bordeaux, Lyon, and Nantes), it symbolizes a larger commitment to environmental responsibility. Furthermore, taking inspiration from Portugal and Germany's successful affordable monthly rail pass initiatives, the French government is reportedly exploring the possibility of introducing a similar scheme. Europe is witnessing a resurgence in rail travel, with plans for new high-speed routes and the revival of sleeper routes, such as the one from Paris to Berlin. With viable alternatives to flying emerging, the potential end of cheap flights could provide added motivation for passengers to opt for train travel and contribute to a more sustainable future.

A team of researchers from Humboldt-Universitat zu Berlin have developed a large language artificial intelligence model with the distinction of having been intentionally tuned to generate outputs with expressed bias.

A series of fires has hit railway infrastructure in the German city of Hamburg, causing widespread disruption to trains between Hamburg and Berlin and between the port city and the Baltic Sea coast

The German government says it will keep two subsidiaries of Russian oil giant Rosneft under the control of German authorities for another six months

Chancellor Olaf Scholz has urged Germany’s opposition and regional governments to help slash a “thicket of bureaucracy” that slows down Europe’s biggest economy, as his government grapples with poor poll ratings and a reputation for internal strife hal...

Olivia Dean, the rising British music star known for her exceptional debut album, «Messy,» has exciting news for her fans across the UK and Europe. She's embarking on a headline tour in spring 2024, aptly named the "Messy Tour," to celebrate her album's remarkable success and its well-deserved Mercury Prize nomination.

By Crispian Balmer

Leadership in Energy and Environmental Design, or LEED, certifications are given to buildings that meet standards that conserve energy, water, waste and other environmental goals. Governments are also introducing increasingly stringent energy codes for commercial spaces. Still, more than 80% of buildings don’t have smart systems to efficiently manage their energy use.

A scientist in Germany has claimed that the US space agency NASA had discovered life on the Mars planet 50 years ago but accidentally destroyed it. Dirk Schulze-Makuch, astrobiology professor and faculty member at the Technical University Berlin said NASA's Viking programme, which started in the mid-1970s, unintentionally destroyed that opportunity. Under the Viking programme, NASA sent two landers to the Martian surface which showed the world the first glimpse of Mars's surface and also performed the biological analysis of its soil and rocks.

Amazon Prime Video, with the much-anticipated release of The Wheel of Time Season 2 among them. The routine practice of adding and removing content from Amazon Prime Video's library aims to keep viewers engaged and adhere to legal obligations.

German Chancellor Olaf Scholz is pledging that his government will tone down frequent public infighting that has weighed it down badly in polls as it works to pick up the country’s stagnant economy, Europe’s biggest

The Austrian government has presented a series of measures meant to counter the impact of inflation

A London project to create the world’s largest low-emission zone took effect on Tuesday as authorities imposed a daily charge on the most-polluting vehicles, triggering a debate between those who see the move as a sensible step to clean up the air and those who say it amounts to a war on cars. While several big European cities like Berlin and Paris also impose charges on polluting cars and trucks, London has been a pioneer on the issue. It became the first major European city to force drivers to pay a congestion fee in 2003.

By Andreas Rinke and Maria Martinez

Germany’s rail workers will not go on open-ended strikes after less than 50% of union members voted for all-out strike action

BERLIN (Reuters) — Credit Suisse, which is now a subsidiary of UBS, posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the Sonntagszeitung, which cited insiders at the bank.

Open Society Foundations plan to significantly curtail their work in Europe and lay off much of their staff there

Dune: Part Two, crafted by Legendary Entertainment and Warner Bros, has made a significant shift from its intended November 3 theatrical release to a new date of March 15, 2024. This move comes as no surprise, considering the ongoing labor disruptions. The sequel, based on Frank Herbert's novel, is poised to captivate audiences on both traditional screens and Imax platforms, offering a remarkable cinematic experience. The decision to delay has also raised speculation about a potential debut at either the Berlin Film Festival or SXSW in the late winter or early spring.