City Berlin Financial News
03.08 / 12:37
social
India summons German envoy seeking return of baby Ariha
India summoned German Ambassador Philipp Ackermann this week and pressed for the return of an Indian baby girl, who has been living in a foster care in Berlin for over 20 months. Ariha Shah, aged seven months then, was placed in the custody of Germany's Youth Welfare Office (Jugendamt) on September 23, 2021 after she suffered an accidental injury.
03.08 / 02:23
UPS
CEO
Assurant
Sam
OpenAI CEO Sam Altman's Worldcoin to ‘build infrastructure, allow third parties to use the technology’
Also read: Potential Risks of Signing up for Worldcoin Addressing privacy concerns, Worldcoin's website assures that the project is "completely private," with biometric data either deleted or encrypted upon user preference. Nonetheless, regulators and privacy advocates have raised questions about the data collection and handling processes.
02.08 / 05:07
Provident
Manufacturing
Entertainment
Tesla
BMW
country
India might welcome Tesla's Chinese vendors: Report
reliance on imports from China for critical components like battery cells used in electric vehicles. Previously, Mint reported that A delegation of high-ranking Tesla executives, including key members from the public policy, supply chain, and business development teams, is currently in India to actively interact with various government stakeholders and gain valuable insights into the local market.
01.08 / 23:04
28.07 / 17:31
UPS
Aware
Manufacturing
Tesla
BMW
Celebrity
Tesla execs press for duty cut in meet with govt officials
New Delhi: A delegation of senior Tesla executives, comprising leaders of its public policy, supply chain and business development teams, is visiting India to actively engage with all government stakeholders to gain insights into the market. People aware of the matter, seeking anonymity, said that the representatives held meetings with Piyush Goyal, the commerce and industry minister, to discuss the incentives and benefits for selling its electric cars in India. The officials were also part of the celebrations on the sidelines of the inauguration of the India Trade Promotion Organization complex Bharat Mandapam, organized by the ministry, in the presence of Prime Minister Modi and Goyal.
27.07 / 06:11
Volkswagen
Volkswagen to focus on improved net cash flow in H2
BERLIN (Reuters) -Volkswagen will concentrate on improving net cash flow in the second half as logistics bottlenecks ease, the German carmaker said on Thursday, even as it slightly lowered its 2023 outlook for deliveries.
27.07 / 04:27
Action
stage
end
Mediators put forward a proposal to end a lengthy German railway pay dispute
Mediators have presented their proposal to end a long-running pay dispute between Germany’s main national railway operator and a major union, a two-year settlement that would head off damaging all-out strikes
27.07 / 04:27
UPS
Provident
Poland complains to European Union about German waste brought and dumped in unauthorized landfills
Poland has made a complaint against Germany to the European Commission over tons of German waste, some of it allegedly toxic, brought and stored in unauthorized landfills across Poland
26.07 / 13:29
26.07 / 08:55
COST
UPS
Target
Progressive
Porsche
Threat
Porsche's EV sales target under threat from supply chain snags
By Victoria Waldersee
25.07 / 12:25
25.07 / 01:33
Target
Google
awards
Celebrity
Google Doodle celebrates 122nd birthday of Dr. Mod Helmy, an Egyptian-German doctor
Google Doodle on Tuesday celebrates the 122nd birthday of an Egyptian-German medical doctor, Dr. Mod Helmy. He was born in 1901 in Khartoum, Sudan, to a German mother and an Egyptian father.
24.07 / 19:01
24.07 / 17:21
COST
UPS
Adidas
rapper
Adidas sees smaller loss this year thanks to Yeezy sales
BERLIN (Reuters) -Unexpectedly strong sales of Yeezy shoes left over from Adidas (OTC:ADDYY)' abandoned collaboration with rapper Ye should reduce the sportswear giant's expected operating loss this year to 450 million euros ($498.56 million), the company said on Monday.
24.07 / 07:27
23.07 / 12:23
Digital
CEO
Platform
Strategy
Mercedes-Benz
Centre
China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says
FRANKFURT (Reuters) — Mercedes-Benz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.
22.07 / 14:13
Reuters
CEO
Racing
Pool
BMW
country
Dead EV batteries turn to gold with U.S. incentives
U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race to undermine China's dominance of the field. The IRA includes a clause that automatically qualifies EV battery materials recycled in the U.S. as American-made for subsidies, regardless of their origin. That is important because it qualifies automakers using U.S.-recycled battery materials for EV production incentives. Reuters interviewed more than a dozen industry officials and experts who say that is kicking off a U.S. factory building boom, encouraging automakers to research more recyclable batteries, and could eventually make it harder for buyers in developing countries to buy old used EVs.
21.07 / 17:51
Citi
Booking
Williams
performer
play
View: Top athletes are lengthening their ‘peak’ play as they grow old(er) by mastering their bodies
Novak Djokovic may have lost an epic Wimbledon final to Carlos Alcaraz. But it did, all things grassed and dusted, an epic performance of a 36-year-old against a 20-year-old. As we all know, just doing the maths doesn’t do justice to the epic battle that was on display.
21.07 / 14:47
Legendary musician Tony Bennett dies at 96
Tony Bennett, the eminent and timeless stylist whose devotion to classic American songs and knack for creating new standards such as I Left My Heart In San Francisco graced a decades-long career that brought him admirers from Frank Sinatra to Lady Gaga, died Friday. He was 96, just two weeks short of his birthday.Publicist Sylvia Weiner confirmed Bennett’s death to The Associated Press, saying he died in his hometown of New York.
21.07 / 10:57
Target
Reuters
CEO
JPMorgan
Chase
country
JPMorgan to expand online bank Chase to Germany, EU - Handelsblatt
BERLIN (Reuters) — JPMorgan (NYSE:JPM) will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German newspaper Handelsblatt, a move that increases competition for European rivals in a crowded market.
21.07 / 09:17
Citi
Provident
Chase
CAT
track
'Lioness' on the loose? More experts sought in second-day search for elusive animal
Police used helicopters, drones and infrared cameras to search for the animal, with a vet and hunters also part of the effort. They were first alerted to the animal in Kleinmachnow, just outside Berlin's city limits, around midnight on Wednesday when people reported what appeared to be a big cat chasing a wild boar. The informants also provided a video.
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