City Berlin Financial News
11.10 / 15:39
UPS
IPO
Platform
Mobile
Mobile bank N26's losses widen after ramping up spending on fraud controls
German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its platform grew, however losses also ticked higher after an increase in spending on regulatory compliance.
09.10 / 14:41
Climate change
Oil
‘We need to do more': German defence minister urges NATO action to counter Putin
Germany’s defence minister has called on NATO to do more to protect the alliance from Russia and President Vladimir Putin.
04.10 / 05:45
UPS
Siemens
Waters
China's climate push could spawn new global players, even if Beijing falls short on its pledge
BEIJING — China says it wants to be carbon neutral by 2060 — and those stated ambitions are spawning companies that could one day become global leaders in their fields.
04.09 / 20:37
Energy
Protests
Ukraine war: Berlin's 'hybrid war' against Russia, US Navy in Baltics, Kharkiv shelling
Ukrainian Prime Minister Denys Chmygal urged Germany to strengthen its military support for Ukraine, during a trip to Berlin on Sunday.
02.09 / 16:23
Adoption
Europe
proof-of-work
Bitcoin
Armenia aims to position itself as a Bitcoin mining hub
At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018.
02.09 / 13:37
Agriculture
How tensions over the Ukraine war are flaring up in Germany
To the casual observer, the source of their anger was obvious.
31.08 / 15:23
UPS
Racing
Russia Halts Nord Stream Gas Pipeline, Ratcheting Up Pressure on Europe
BERLIN—Russia shut down its main artery for natural gas to Europe for maintenance on Wednesday, in what Western governments see as the latest salvo in the Kremlin’s economic war on the continent.
24.08 / 07:45
From Bucha to Berlin: The tragic journey of one car shows reality of war in Ukraine
The remains of a car used by four women fleeing Russian troops as they invaded Bucha is on display in Berlin.
19.08 / 13:47
Germany lowers natural gas tax to ease burden on consumers
Germany will temporarily lower taxes on natural gas to ease the pressures on customers amid soaring energy prices.
17.08 / 19:27
Health
Climate change
Germany's Scholz slams Abbas' '50 Holocausts' remark
Germany's chancellor Olaf Scholz slammed Mahmoud Abbas after the Palestinian president accused Israel of committing “50 Holocausts”.
11.08 / 14:15
Ethereum
Puzzle
Simulation
Bitcoin
Ethereum’s Merge has a ‘successful’ final dress rehearsal for its climate-friendly upgrade
Ethereum, the second-biggest cryptocurrency by market value, just passed its final test before it pushes ahead with its Merge upgrade that it says will make it greener and therefore make it more competitive with Bitcoin.
10.08 / 11:41
10.08 / 09:29
Crypto Exchange Nuri GmbH Files For Insolvency In Germany
Crypto exchange Nuri files for insolvency in Germany
07.08 / 13:01
UPS
Lowe's
Weak Growth, Tight Job Markets Are a Global Phenomenon
From Berlin to Tokyo to Wellington, economic growth is slowing or turning negative across advanced economies, yet labor markets remain historically tight.
05.08 / 15:49
Hollywood
Research
film
Berlin blaze under control but fears of further explosions persist
A large blaze in a Berlin forest that was accompanied by several explosions at an ammunition site is now contained, say firefighters.
04.08 / 12:29
LGBT
Volcanoes
Climate change
Explosions at munitions site trigger fire at Berlin's Grunewald forest
Several explosions at an ammunition dump caused a large fire in one of Berlin's largest city forests on Thursday morning.
03.08 / 14:17
Citi
MET
Citi alternatives head Anthony Diamandakis: Dry powder levels aren’t sustainable
When private equity bosses met at the SuperReturn conference in Berlin earlier this summer, the mood was downcast, as the assembled executives mulled the end of a decade of steady growth for the industry.
29.07 / 12:03
Energy
Women
Berlin turns off the lights in a bid to save energy
Berlin has decided to switch off the lights of several monuments and historic buildings overnight from Wednesday to Thursday, as part of a national effort to save energy amid fears of winter shortages.
26.07 / 12:57
Wildfires
Russia to make drastic cuts to EU gas supply via Nord Stream pipeline
Russian energy giant Gazprom would further reduce natural gas flows through the Nord Stream pipeline to 20% of capacity, citing equipment repairs. The move ramps up concerns that Russia may cut off gas as political leverage over the war in Ukraine, just as Europe tries to shore up storage for winter.
25.07 / 17:23
Digital
CEO
Platform
Reddit
expansion
Social investing app Shares raises $40m for European expansion
The startup has 150,000 users for its app which mixes all the features expected from a social media app with a simple investment product.When buying or selling, users can share their views on the investment they are making with their close circles by sharing captions and GIFs.An activity feed lets members keep track of, and react to, all their friends’ investments in real-time. People can also create group watchlists with their friends to track their next opportunities together as well as use group chats and private DMs for discussions.
22.07 / 18:41
Technology
cryptocurrency
Cryptos, teamwork and boundary-pushing fintech: how Qonto is challenging Europe’s banks
The French business banking start-up Qonto began with humble beginnings in 2017 with the aim of making banking easier for freelancers and Small and Medium-sized Enterprises (SMEs).
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