Germany Financial News

Torrent Pharmaceuticals Ltd. on Monday reported a consolidated net profit of ₹386 crore for the September quarter (Q2 FY24), up 24% year-on-year (yoy). Revenue rose to ₹2,660 crore during the quarter from ₹2,291 crore a year ago.

By Richa Naidu and David Randall

«Good to see my friend DG @iaeaorg @rafaelmgrossi today. Congratulated him on his reappointment.

(Reuters) — Volkswagen (ETR:VOWG_p) shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current year, disappointing some investors.

Indian dog breed Rampur hound, Himalayan mountain canines Himachali shepherd, Gaddi and Bakharwal and the Tibetan mastiff are likely to be deployed soon for police duties like sniffing out suspects, narcotics and explosives, besides patrolling risk-prone areas, officials said. The Central Armed Police Forces (CAPFs) like the BSF, CRPF and CISF are all set to recruit Indian dog breeds for police duties as trials of a few such as the Rampur Hound are underway. An order has also been issued for testing the Himalayan mountain canines.

IAEA) Director General Rafael Grossi on Monday arrived in India on an official visit. «A warm welcome to DG @iaeaorg @rafaelmgrossi as he arrives on his first visit to India as Director-General of IAEA. His visit will further strengthen India-IAEA ties across diverse sectors,» Ministry of External Affairs Official Spokesperson Arindam Bagchi wrote on 'X'. The IAEA is a centre for cooperation in the nuclear field and seeks to promote the safe, secure and peaceful use of nuclear technologies, as per the IAEA's official website. Grossi assumed office as the IAEA's sixth Director General on December 3, 2019.

Biden administration has advised Israel to delay a ground invasion of the Gaza Strip, hoping to buy time for hostage negotiations and to allow more humanitarian aid to reach Palestinians in the sealed-off enclave, according to several U.S. officials. U.S.

demography in the coming years. Ukraine gives no official toll of its war dead — the Ukrainian armed forces have reiterated that their war casualty numbers are a state secret – but various estimates say losses are huge. The figures remain classified. But US officials, quoted by the New York Times, recently put the number at 70,000 dead and as many as 120,000 injured.

Oil prices eased on Monday as aid convoys started to arrive in the Gaza Strip over the weekend amid diplomatic efforts to contain a conflict between Israel and the Palestinian Islamist group Hamas from spreading to the wider oil-rich region. Brent crude futures fell 60 cents to $91.56 a barrel and U.S. West Texas Intermediate crude futures lost 61 cent to trade at $87.47 a barrel at 0038 GMT. For the past week, contracts rose more than 1% for a second consecutive weekly jump, on fear of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. «Israel agreed to hold off its attack on Hamas following pressure from the U.S.,» ANZ Research said in a client note.

By Andrea Shalal and Kanishka Singh

Manchester United legend Sir Bobby Charlton who not only went down in the history of the club but the hearts of millions of fans all over the world. The iconic attacking midfielder passed away at the age of 86 on Saturday leaving behind a legacy for many youngsters to follow and dream of in the world of football. «It is with great sadness that we share the news that Sir Bobby passed peacefully in the early hours of Saturday morning,» a statement from his family read as quoted from Sky Sports. «He was surrounded by his family.

China exceeded forecast, helped by stronger retail sales at the end of the third quarter and bolstered by government stimulus efforts. Household demand was also robust in the US and likely contributed to the strongest pace of economic growth in nearly two years. Meanwhile, persistent industrial woes are projected to leave the German economy — Europe’s largest — in another recession this year. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: Asia China’s economy gained momentum last quarter as people ramped up spending on everything from restaurants and alcohol to cars, offsetting a drag from the property crisis and putting Beijing’s annual growth goal well within reach. China’s economy gained momentum last quarter as people ramped up spending on everything from restaurants and alcohol to cars, offsetting a drag from the property crisis and putting Beijing’s annual growth goal well within reach. China’s central bank stepped up efforts to support the nation’s economic recovery and debt sales by delivering the largest cash injection since 2020 with one-year policy loans. The injection of extra cash into the economy will offer a much-needed boost to China’s growth, which has been challenged by a lack of demand and a downturn in the property market this year. South Korea’s trade minister said his country is prepared to look for alternative sources of graphite if China’s newly strengthened export controls on the key material used in electric-vehicle batteries cause a severe shortage.

Manchester United legend and a key figure in England's 1966 World Cup victory, Sir Bobby Charlton died on Saturday at the age of 86. He appeared in 106 matches for England and scored 49 international goals and set a record for his country at the time. He won three league titles, a European Cup and an FA Cup for Manchester United.

Binance Visa debit card services will close down in the European Economic Area (EEA) on December 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance accounts will be unaffected.

Chancellor Olaf Scholz says Germany needs to start deporting “on a large scale” migrants who don’t have the right to stay in the country, adding to increasingly tough talk on migration since his coalition performed badly in two state elections earlier ...

Gale-force winds and floods have struck several countries in Northern Europe as the region braces for more heavy rain

World shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street

Crypto behemoth Binance has introduced new fiat alliances to provide Euro transactions. The exchange confirmed that the initiative has commenced and users have already migrated to the new services.

As the biggest players in wind energy gear up to report quarterly earnings, supply-chain reliability issues are front and center for both stock analysts and industry leaders.

After going missing nearly 80 years ago, a baroque landscape painting was returned to Germany on Thursday

Germany’s Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services “without the authorization.”