Germany Financial News
01.12 / 16:23
Provident
coinbase
Crypto Exchange
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information
reports
Coinbase Transparency Report: Law Enforcement Requests Tripled in Three Years
Coinbase has revealed a significant increase in law enforcement requests over the past years in its latest transparency report.
01.12 / 16:21
reports
recommendations
stake
Siemens AG set to acquire 18% stake in Siemens via inter-se transfer at discounted rate of 21%
Siemens announced that Siemens AG, based in Germany, will purchase an 18 percent stake in the company from Siemens Energy Holding BV at a rate of ₹2952.86 per share, on December 1. This price reflects a discount of 21.32 percent compared to the last closing price. The acquisition involves 6,41,01,646 shares, resulting in a transaction value of ₹18,928 crore.
01.12 / 09:51
country
social
politician
Russia opens new case against jailed politician Alexei Navalny
Russia has brought fresh charges against Alexei Navalny, the country's top opposition politician already serving a 19-year sentence, he said Friday, as Moscow intensifies its crackdown on dissent amid the Ukraine offensive. Navalny galvanised huge nationwide protests in Russia before he was jailed in 2021 on fraud charges after returning from Germany, where he was recovering from a poison attack that he and independent investigators say was carried out by the Russian state. In August his initial sentence of nine years was more than doubled to 19 years for «extremism», and a court also ruled to send him to a harsher «special regime» facility. Authorities have now accused him of vandalism, which could add up to another three years to his sentence, Navalny said, citing a letter he had received from Russia's Investigative Committee in prison. Since launching its military offensive on Ukraine last February, the Kremlin has escalated its crackdown against Navalny, who opposes Russia's offensive, his allies and the Russian opposition more broadly. «They really initiate a new criminal case against me every 3 months,» Navalny said on social media. «Never has an inmate, sitting in solitary confinement for more than a year, had such a rich social and political life,» he quipped, in his typically sarcastic tone.
01.12 / 09:49
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The war in Ukraine is a powerful reason to enlarge—and improve—the EU
Ukraine, something akin to the sentiment that moved the EU’s founding fathers is stirring again. The talk now is of admitting as many as nine new members, including Ukraine. Joining the world’s most successful club of peaceful, prosperous democracies would set that war-ravaged country—and fellow aspirant members in the Western Balkans, Georgia and Moldova—on a new and promising path.
01.12 / 09:42
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German manufacturing downturn eased in November - PMI
BERLIN (Reuters) — The downturn in Germany's manufacturing sector, which accounts for about a fifth of the country's economy, eased in November, a survey showed on Friday.
01.12 / 08:57
Cooper
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German president desperately waits to be welcomed by Qatari official in Doha airport, stranded on tarmac for 30 minutes; watch viral video
German President Frank-Walter Steinmeier's recent visit to Qatar was marked by an unexpected diplomatic incident that garnered significant attention. Upon his arrival, President Steinmeier was left waiting on the tarmac for nearly 30 minutes, a delay that sparked speculation and raised eyebrows. The incident, which unfolded as President Steinmeier stood at the door of his Airbus A350 with folded arms, was captured in a viral video that circulated widely. Despite the presence of the red carpet, a military honor guard, and Germany's ambassador to Qatar, no Qatari official was initially on hand to formally welcome the distinguished visitor. A report by German news broadcaster DW cited the delay as being due to the absence of Qatari officials at the airport to greet President Steinmeier. However, both German and Qatari officials have refrained from commenting on the delay, leaving the exact cause open to interpretation.
01.12 / 06:25
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The delicious irony of a fossil-fuel honcho heading COP28
Sultan al-Jaber, president of COP28, is an interesting personality. The PhD in economics was chosen by the country hosting COP28, the United Arab Emirates, to head the conference. He happens to be the CEO of Abu Dhabi National Oil Company, one of the world's largest fossil-fuel companies.
30.11 / 21:39
regulation
ECB
European Central Bank Official Warns: Crypto Entities to Face Stringent Banking Oversight
Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has emphasized the need for rigorous regulation when crypto entities start resembling banks.
30.11 / 19:23
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Big bang start: COP28 sees climate fund deal on day 1
DUBAI: In an unprecedented move, the 28th round of the UN Climate Change Conference approved the structure and details of the loss and damage fund to help poor countries cope with climate disasters at its opening session. Traditionally, at the ceremonial opening of the COP, the host country takes over the presidency, the agenda for the talks is approved, and countries and negotiating groups set out their expectations. COP28 departed from the traditional fare with a quick round of pledges for the new fund. More than $400 million was pledged with hosts the UAE and Germany each pledging $100 million.
30.11 / 18:31
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Galatasaray fightback puts Man Utd on brink of Champions League exit
Manchester United manager Erik ten Hag insisted his side are going in the right direction despite a 3-3 draw at Galatasaray on Wednesday that leaves the Red Devils on the brink of Champions League elimination. United twice let a two-goal lead slip in Istanbul as costly errors from goalkeeper Andre Onana and poor finishing left them still bottom of Group A. Ten Hag's side need to beat Bayern Munich in their final match at Old Trafford to have any chance of qualifying. But even victory over the German champions will not be enough if Galatasaray beat FC Copenhagen in two weeks' time or the Danish champions take at least four points from their final two matches. «We are going in the right direction so I know we will be successful in the long-term but if you want to stay in the Champions League you need to win these games,» said Ten Hag. «I was pleased with how we played but at the same time I have to criticise the team because the defending is not good enough.
30.11 / 18:00
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2020
Financial
A question of financial security: Are Indians ready for their retirement?
how to plan it. This is present bias, a behavioural tendency we all humans have and also known as the inclination to excessively fixate on the ‘here and now,’ and don’t think about what will happen in the long term. Two German researchers, Alejandro Moreno-Okuno and Natividad Aguilera Navarrete described ‘psychological distance’ as a central concept explaining present bias, which means how near or far things feel in our minds.
30.11 / 15:59
30.11 / 14:17
30.11 / 13:41
country
EU deal on budget review stuck because of Germany's internal fiscal problems
BRUSSELS (Reuters) — The biggest obstacle to a deal on a mid-term revision of the European Union's 7-year budget is the internal discussion in Germany on the country's own budget, thrown into turmoil by a constitutional court ruling, the EU Budget Commissioner said.
30.11 / 08:23
FIVE
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Tata Tech can be added in a staggered manner if it comes below Rs 1,000: Gurmeet Chadha
Gurmeet Chadha, Managing Partner & CIO, Complete Circle Consultants, says “Tata Tech is a beautiful company with great digital engineering capabilities. But paying 70-80 times trailing right now with the market also being at a high and the sector facing a lot of headwinds does not make sense at this price to me. But if it comes lower, maybe in three-digits, I would probably want to add it in a staggered manner over a long term.” What does one do now — chase the Tata Tech stock or just wait it out? First, kudos to the Tata Group. This stock probably can be acquired in a staggered manner. This has bridged the premium valuation gaps which the Tata Group had with Elxsi, KPIT, although strictly not comparable. Difficult to really add at this price right now. I was hoping to add probably at Rs 800-900 and then maybe over a three-month period, if you get slightly better prices, it should be a core portfolio stock.
30.11 / 07:51
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Align
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reports
‘Indians are b*stards’: When Henry Kissinger passed racist comments against India, abused Indira Gandhi
Henry Kissinger, who died on November 29, at age 100, greatly influenced global affairs under Presidents Richard Nixon and Gerald Ford between 1969 and 1977, garnering both vilification and the Nobel Peace Prize. However, there were many incidents which reflected his hatred towards India. Kissinger was born May 27, 1923, in Fürth, Germany, and fled Nazi Germany with his family in 1938.
30.11 / 07:21
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Outdoor air pollution accounts for over 2 million deaths annually in India: BMJ study
Outdoor air pollution from all sources accounts for 2.18 million deaths per year in India, second only to China, according to a modelling study published in The BMJ. The research found that air pollution from using fossil fuels in industry, power generation, and transportation accounts for 5.1 million extra deaths a year worldwide.
30.11 / 01:39
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Reuters
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Sixteen more hostages freed from Gaza as part of Israeli-Hamas truce
Israel and the Palestinian militant group Hamas, the Red Cross and other authorities said. In a repeat of scenes over the past six days during a humanitarian pause in hostilities, the civilians were released to the International Committee of the Red Cross (ICRC) and driven in vehicles to Israel. Two Russian citizens and four Thai citizens were released outside the framework of the agreement while the 10 Israeli citizens freed included five dual citizens, Ansari said. They were a Dutch dual citizen, who is also a minor, three German dual citizens and one U.S.
29.11 / 13:39
Ethereum
Banks
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Bitcoin
Self Custody
Santander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: Report
Spanish fin-serv giant Banco Santander has reportedly selected digital asset management firm Taurus to safeguard its Swiss clients’ Bitcoin (BTC) and Ether (ETH).
29.11 / 13:09
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Flush Casino Review, Bonuses & Promo Codes 2023
Boasting a selection of over 5,500 casino games from 35+ providers, Flush Casino is one of the biggest names in the crypto sphere. The international site is crypto-exclusive and comes with a constant influx of promotions.
29.11 / 10:55
Bitcoin
Bitcoin Group: taking steps against money-laundering, terrorist financing
BERLIN (Reuters) — Germany's Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after the financial regulator Bafin ordered its subsidiary futurum bank to remedy shortcomings on money-laundering.
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