Germany Financial News

Here’s a quick question: What is common to former German chancellor Angela Merkel, British comedian Rowan ‘Mr Bean’ Atkinson, former president of India APJ Abdul Kalam, Microsoft CEO Satya Nadella, supermodel Cindy Crawford, first man on the moon Neil Armstrong, India’s richest businessman Mukesh Ambani, Delhi's chief minister Arvind Kejriwal, Bollywood heartthrob Vicky Kaushal, and Bloomberg founder and CEO and three-time New York Mayor Michael Bloomberg? The answer: They are all engineers. This eclectic list serves as a counter-narrative, challenging the notion that engineering no longer opens doors to opportunity, particularly in India.

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By Ludwig Burger and Patricia Weiss

Taurus, a Swiss crypto infrastructure firm has announced a partnership with Deutsche Bank to set up cryptocurrency custody alongside tokenized services for its clients.

Germany has reached an all-time high in global venture capital funding share in 2023 despite a decline in the overall performance of the blockchain market across the globe, according to a report published by Crypto Valley Venture Capital (CVVC). 

Bitcoin (BTC) consolidated higher on Sep. 15 as analysis described recent BTC price behavior as “textbook.”

Read more of our recent coverage of the Ukraine war In early May Russia’s ambassador to Germany threw a party to honour Soviet victory in the second world war. Guests at the embassy, a Stalin-era colossus that occupies more German territory than the nearby parliament building, included a host of dignitaries. The last boss of communist East Germany, Egon Krenz, now 86, mingled under the chandeliers with Gerhard Schröder, chancellor of united Germany from 1998 to 2005 (and, more recently, a lobbyist for Russian energy firms).

Apple said on Friday it would issue a software update for iPhone 12 users in France to potentially end a row with French regulators that ordered the suspension of the phone's sale due to breaches of radiation exposure limits. «We will issue a software update for users in France to accommodate the protocol used by French regulators. We look forward to iPhone 12 continuing to be available in France,» Apple said in a statement. «This is related to a specific testing protocol used by French regulators and not a safety concern,» it said. The French government welcomed the move. «The ANFR (French regulator) is preparing to quickly test this update,» French Digital Affairs Minister Jean Noel Barrot's ministry said in a statement, adding this should bring the model into compliance with European standards and allow France to lift the sale suspension. Apple has contested the French radiation findings, saying the iPhone 12 — now a relatively old model launched in 2020 — was certified by multiple international bodies as compliant with global standards. Belgium said on Thursday it would review potential health risks linked to Apple's iPhone 12 in the wake of France's sale suspension, while others, like Germany, said they would wait to see how the situation in French developed. Apple's revenues totalled about $95 billion in Europe last year, making the region its second biggest behind the Americas.

BERLIN (Reuters) — European Union quotas for sustainable aviation fuels (SAF), seen as an expensive but essential key to greener air travel, are not achievable by today's standards, according to the chief executive of Germany's Lufthansa .

SANTIAGO DE COMPOSTELA (Reuters) — German Finance Minister Christian Lindner said at the informal EU finance ministers meeting on Friday that a decision is not expected this week on who will become European Investment Bank (EIB) president.

Investing.com — European stock markets traded higher Friday, boosted by better-than-expected Chinese economic data as well as optimism that the European Central Bank may be close to peak interest rates.

The price of uranium surged to its highest price in 12 years amid fears of a supply crunch instigated by a coup in Niger, and Canadian miner Cameco’s decision to curtail production, just as demand for the commodity is poised to increase.

Hong Kong was crowned the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023, retaining its crypto-readiness prowess for the second year in a row. 

solar power and electric vehicles this year is smashing the forecasts of the most bullish analysts, giving hope they are on the net-zero path the world needs. If only the same could be said of other forms of clean energy. Take photovoltaic panels. Solar modules last month hit a record low 16.5 cents per watt, according to BloombergNEF, and will slump further to 14.5 cents by the end of the year.

Regional health officials in France say a 32-year-old woman is dead and a dozen people have been hospitalized after an apparent botulism outbreak

₹5,809.91 crores from ₹3,056.22 crores in the previous year. Among its key international subsidiaries, UOH Inc owning US hotels registered a turnover of ₹657.69 crores and St.

Volkswagen AG is cutting temporary workers at its main electric-vehicle factory in Germany after the phaseout of a subsidy in the country caused demand for its EVs to drop.

Two major offshore wind power projects are taking steps forward in New Jersey

European Central Bank raises interest rates for the 10th time in a row to fight inflation despite weak economic growth

The European Central Bank has piled on a 10th straight interest rate increase

The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets.