City Berlin Financial News

17.07 / 05:47

UPS Provident BLOCK Reuters Fighting Shell Berlin aims to have "best equipped" NATO army division in Europe in 2025

Germany is confident it will have the best equipped army division amongst European NATO allies in 2025, Army Chief Alfons Mais told Reuters, as countries are scrambling to gear up their troops in the wake of Russia's invasion of Ukraine. At the moment, Berlin does not have a single combat-ready division, a military unit comprising more than 20,000 troops. It aims to have the first of three divisions operational by 2025, with the second to follow in 2027.

15.07 / 08:17

UPS Provident Target Cooper Progressive reform European development bank chief takes reform agenda to G20 talks in India

European Bank for Reconstruction and Development (EBRD), of which India is a shareholder, will arrive in India on Sunday for a G20 finance summit with the reform agenda for multilateral development banks (MDBs) high on the list of priorities. Odile Renaud-Basso, the first woman head of an MDB as EBRD president, will begin her four-day visit in Gandhinagar for the Finance Ministers and Central Bank Governors gathering.

14.07 / 06:31

business Adoption Worldcoin Sam Sam Altman's Worldcoin passes 2M sign-ups after months of touring

Worldcoin, a cryptocurrency and digital identification project has seen more than two million users sign up to its “global identity protocol” dubbed World ID.

13.07 / 14:47

UPS Target Manufacturing CEO Strategy As Concerns About China Grow, Germany Loosens Its Embrace

For decades, selling to China has been a key ingredient in Germany’s recipe for economic success. Now, Berlin wonders if its partner has gotten too close for comfort. On Thursday, Germany released its first-ever “China strategy," an attempt to balance the relationship’s huge economic benefits with the need to manage risks posed by Beijing’s increasing authoritarianism at home and assertiveness abroad.

13.07 / 12:21

Citi BLOCK Aviat Action Airlines Strategy Climate activists block runways at 2 German airports, causing numerous flight cancellations

Climate activists were blocking flights at two German airports for several hours Thursday in protest against the most polluting form of transportation

13.07 / 12:21

UPS Target Citizens Action Strategy Climate talks chief, who also heads oil company, says world must 'attack all emissions, everywhere'

The head of this year’s United Nations’ climate talks has called for governments and businesses to tackle global warming by reducing greenhouse gas emissions in all regions and sectors if they want to stop the planet from passing a key temperature limi...

13.07 / 12:21

UPS Cooper Progressive Action Racing Strategy Germany presents long-awaited strategy on China, stresses economic security

The German government has presented a long-awaited strategy for relations with China that points to a “systemic rivalry” with the Asian power and a need to reduce risks of economic dependency, but highlights Berlin’s desire to work with Beijing on chal...

11.07 / 06:43

UPS MET Williams Manufacturing Action Forrester open Forrest poised to open battery making hub – but in the US

Berlin | Mining and clean-energy billionaire Andrew Forrest is poised to set up a new battery manufacturing hub in the US, as Fortescue Future Industries tries to reap the benefits of President Joe Biden’s $US369 billion ($550 billion) Inflation Reduction Act.

11.07 / 06:41

UPS German inflation bucks downward trend in June

BERLIN (Reuters) — German inflation rose in June, interrupting a steady decline since the start of the year.

11.07 / 00:17

UPS BLOCK Manufacturing Fighting Mobile Australian The Australian-made troop carrier built like a tank

Bigger, faster, stronger. The next-generation Boxer armoured vehicles being made in Australia by German defence giant Rheinmetall are in high demand in armies around the world.

10.07 / 18:15

COST UPS Highways German Government German government wants ex-minister to foot $267 million bill for a failed highway toll plan

The German government is considering whether it can make former Transport Minister Andreas Scheuer foot at least part of the quarter-billion euro compensation it has to pay a private company over a failed plan to introduce highway tolls

08.07 / 08:31

UPS Porsche AirPods ‘It’s Kind of Kinky’: Why Flaunting Your Keys Is a Hot Menswear Trend

THIS SUMMER, the hottest men’s accessory might be a front-door key. Or a car fob, an AirPods case or anything else you can hang from a key chain. Stylish urbanites are announcing themselves with a jangle—clipping key rings plus all the trimmings to belt loops, caretaker-style.

07.07 / 17:07

UPS Provident BLOCK German Government German government puts off vote on a contentious heating plan until September

Germany’s governing coalition has put off until September a vote on contentious legislation to encourage the replacement of fossil fuel heating systems after the country’s top court shot down plans to push it through parliament this week

06.07 / 05:33

COST UPS FIVE Extreme Manufacturing Fighting The West Again Learns That War Needs Industry

Behind the deadly front lines where Ukrainian and Russian soldiers are locked in combat, a less-noticed life-or-death battle is raging to keep troops supplied with arms and ammunition. The side that loses that fight is the one that will lose the war. It is a lesson Washington is relearning.

04.07 / 14:53

UPS Reuters Booking Volkswagen Gap Strategy German firm sees U.S. getting lion's share of 100 billion euro military fund

By Alexander Hübner

04.07 / 09:41

FIVE BLOCK Booking Amazon Aware Career What to read and watch to understand Germany’s troubled 20th century

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. As war rages again in eastern Europe, Germans are reminded of the ravages of the world wars and the horrors of the Nazi and communist regimes that governed their country.

03.07 / 10:01

Twitter Platform boost German alternative Mastodon gets boost from newly restricted Twitter

(Corrects to read 'Mastodon' (not 'Mastadon'), in headline, paragraphs 1, 2)

30.06 / 12:11

Blockchain privacy identity Worldcoin Sam Sam Altman's Worldcoin Debuts in Germany, Incorporates Okta for Enhanced Identity Management

Sam Altman’s Worldcoin is integrating with one of the world’s largest identity management platforms and is launching a new identity protocol in Germany.

09.06 / 09:59

KKR’s Philipp Freise says PE market is ‘ripe for consolidation’

As economic uncertainty mounts and geopolitical tensions persist, buyout bosses at least agree on one thing: the future has never been harder to predict.

06.06 / 16:41

Why Kim Kardashian might mildy lift PE’s SuperReturn Berlin show

The fundraising slowdown and the boom in private credit are set to dominate the agenda at this week’s SuperReturn, the private equity industry’s annual summer get-together.

01.06 / 05:05

UPS Platform TripAdvisor Citibank valuation TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel services in the summer, further an expansion into the U.S., and invest in large language models and other artificial intelligence tools.

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