Germany Financial News
19.10 / 17:49
BitPanda
VASP
BitPanda Secures Virtual Asset Service Provider License in Norway, Pioneering European Exchange
Bitpanda, the largest European cryptocurrency exchange, has announced that it has secured a license to offer virtual asset services (VASP) in Norway, expanding its regulatory approvals.
19.10 / 17:21
UPS
Booking
VISA
Experts
information
travelers
A $7.40 fee could ruin your next trip to Europe. Miss it and 'you won't board the plane,’ expert says
Americans will soon have to apply for a travel authorization to visit Europe — and failing to get one may ruin your next trip.
19.10 / 14:53
coinbase
MICA
regulatory
Coinbase Chooses Ireland as Main European Hub as Regulatory Pressure Continues in the US
Digital asset exchange Coinbase is set to become a dominant player in the European market following the announcement of Ireland as its crypto hub in the continent.
19.10 / 14:07
Mercedes-Benz
Court orders Mercedes to pay damages over diesel defeat devices
BERLIN (Reuters) — A Stuttgart court on Thursday ruled that German automaker Mercedes-Benz (OTC:MBGAF) must pay damages for the instalment of illegal defeat devices in its diesel cars, the court said in a statement.
19.10 / 12:40
business
Stablecoin
Adoption
Lightning Network
lightning
Bitcoin
Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin
Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.
19.10 / 12:39
regulation
BitPanda
BitPanda crypto exchange gets license in Norway amid European expansion bid
One of the largest European crypto exchanges, a Vienna-based BitPanda, became one of the first foreign entities to receive a virtual assert service provider license in Norway. The announcement came on the company’s official X (former Twitter) account on Oct. 19.
19.10 / 12:39
Blockchain
regulation
Bitcoin
Coinbase selects Ireland as its European crypto hub
The United States-based cryptocurrency exchange Coinbase is strengthening its presence in Europe and has officially announced Ireland as its European crypto hub of choice.
19.10 / 11:01
UPS
Reuters
NIFTY
SENSEX
reports
fall
Market close: Nifty 50, Sensex fall for second consecutive session amid weak global cues
Nifty 50 today: Domestic market benchmarks the Sensex and the Nifty 50 closed in the negative territory for the second consecutive session on Thursday, October 19 amid weak global cues. Top Asian peers, including Japan's Nikkei, China's Shanghai Composite Index and Hong Kong's Hang Seng fell about two per cent each while in Europe, the UK's FTSE, Germany's DAX and France's CAC fell up to a per cent during the trade as investors remained worried over the prospects of an escalation of the Israel-Hamas war into a bigger regional crisis.
19.10 / 09:22
Provident
Cooper
CEO
track
country
Germany's Deutsche Bahn sells European subsidiary Arriva to infrastructure investor I Squared
Germany’s state-owned railway operator, Deutsche Bahn, says it has agreed to sell its European public transport subsidiary, Arriva, to U.S.-based infrastructure investor I Squared Capital
19.10 / 08:49
19.10 / 07:23
UPS
Nov
country
reports
German Government
German government launches a drive to get more Ukrainian and other refugees into jobs
The German government has announced a drive to get more Ukrainian and other refugees into jobs now that many have a usable knowledge of the German language
19.10 / 06:49
COST
UPS
FIVE
Strategy
economy
BASF
country
The derisking dilemma: how German companies are tackling China risk
For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and Beijing, ebm-papst is one of many medium-sized German companies starting to address their reliance on China, concerned at how possible Western sanctions or a future conflict over Taiwan might disrupt trade. Last year, ebm-papst launched a programme called 'Decoupling China' to ensure its Chinese division — which has around 1,900 staff — can operate if cut off from the rest of the company.
19.10 / 06:35
19.10 / 05:23
Provident
Ford
Ball
CEO
awards
performer
Schumpeter | Are America’s CEOs overpaid?
intermittent strikes at Ford, General Motors (GM) and Stellantis, America’s “big three" carmakers. A month in and the two sides are still at loggerheads. Jim Farley, Ford’s chief executive, has argued that the 36% pay rise over four years demanded by the striking workers would cripple his business.
18.10 / 18:03
defi
Europe
UK
Chainalysis
MICA
Europe's Expanding Crypto Landscape: DeFi and Web3 on the Rise
The digital asset ecosystem in Europe expands as institutions broaden their services to decentralized finance (DeFi) amid market turmoil.
18.10 / 16:27
Progressive
Action
Gap
President
country
innovations
reports
US retirement income system is only slightly above average, report reveals
The system that millions of Americans rely on for their retirement income is only slightly above average and may require reform.
18.10 / 10:49
Citi
Entertainment
Marvell
country
reports
Department
India's tech capital Bengaluru may have country's tallest Skydeck in the form of banyan tree
Bengaluru's deputy chief minister DK Shivakumar has now proposed the construction of a 250-meter tall skydeck in the city. As per a TOI report, if approved, this skydeck will become the tallest viewing tower in India. On Tuesday, Shivakumar, who is also the Bengaluru development minister, discussed the project's financial feasibility and land requirements.
18.10 / 10:48
Reuters
Google
CEO
Browser
President
Experts
recommendations
ai safety
Britain aims for global leadership role with AI safety summit
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18.10 / 09:01
18.10 / 08:31
COST
UPS
Waters
Simulation
rock
reports
Road on Moon? Scientists find new tech for construction on lunar surface
lunar dust, consisting primarily of dark gray lunar volcanic rock, could potentially be used as a raw material for constructing roads and landing pads on the moon. The finding is based on experiments conducted on Earth, where simulated lunar soil was exposed to concentrated sunlight through large lenses, as reported by Space dot com. Unlike Earth, the moon lacks erosion processes caused by wind and water, resulting in the presence of sharp-edged particles in lunar dust.
18.10 / 06:45
Lowe's
Target
Digital
Siemens
economy
reports
Q3
ABB matches Q3 earnings forecasts, dampens expectations for next quarter
ABB matched forecasts with its third-quarter operating profit on Wednesday and dampened expectations for the fourth quarter while reporting continued decline in orders from China. The maker of industrial drives and motors posted a 13% increase in its operational earnings before interest, tax and amortisation (EBITA) to $1.4 billion during the three months to Sept. 30, in line with a company-gathered consensus of forecasts. Revenues at the company, which competes with Germany's Siemens and France's Schneider Electric rose 8% on a comparable basis to $8 billion, slightly below analysts' forecast for $8.1 billion. ABB reported net income of $882 million, below the $919 million consensus forecast. ABB, a big supplier to industry, is seen as a bellwether for the broader global economy, with its products being used in ships, ports, factories and transport systems. The group said its order intake fell 2% during the quarter with double-digit growth in the United States, its biggest market, partially helping to offset a decline in China, ABB's second-largest market. «Orders in China declined at a low single-digit comparable growth rate particularly hampered by weakness in robotics and construction demand,» Chief Executive Bjorn Rosengren said in a statement. ABB said it anticipated low- to mid-single digit comparable revenue growth in the fourth quarter.
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