Germany Financial News

Four new wind farms are being proposed off the New Jersey coast

Poland’s oil pipeline operator says that it has temporarily shut down a pipeline carrying oil from Russia to Germany after discovering a leak

Daimler Truck says its chief financial officer Jochen Goetz has died

Torrent Pharmaceuticals Ltd. on Monday reported a consolidated net profit of ₹378 crore for the June quarter (Q1 FY24), up 7% year-on-year (YoY). Revenue rose to ₹2,591 crore during the quarter under review from ₹2,347 crore a year ago.

US stock futures pointed to a rebound from last week’s selloff, while Treasury yields rose. Wheat prices climbed as Ukraine attacked a Russian oil tanker in the Kerch Strait, threatening a key export route. 

semiconductors. These so-called strategic, emerging industries now account for over 56% of Hefei’s industrial output, compared with less than 27% in 2013. Whatever local officials have been doing, it appears to be “the right mix of industrial policy and private-sector mojo," says Robin Xing, an economist at Morgan Stanley and a Hefei local.

There’s a new face at Perennial Partner’s Fairlight Asset Management.

European stocks slipped on Monday as investors assessed the likely impact of a mixed U.S. jobs report on the Federal Reserve's future policy moves, while awaiting key inflation figures from across the globe this week.

unemployment rate was at a historically low level of 3.5%, below June’s 3.6% figure. MSCI’s broadest index of Asia-Pacific shares outside Japan traded little lower. The index lost 2.3% last week.

The founding director offailed potash company Kalium Lakes has asked market regulators to probe the role a federal agency played in Friday’s corporate collapse, which has put the recovery of more than $204.5 million of Australian and German taxpayer funds in serious doubt.

Tottenham Hotspur manager Ange Postecoglou has chosen Harry Kane as the captain for their upcoming pre-season friendly against Shakhtar Donetsk. The decision comes amid Bayern Munich's persistent pursuit of the prolific striker, who holds the record for the most goals scored in Spurs' history.

Earlier this summer, two Canadians walked into a party in rural Germany.“Canadians?” joked the host. “I thought you’d smell more like smoke.”It’s been that kind of season.Floods, drought, warm waters lapping three coasts — but mostly wildfire smoke from sea to sea and overseas.Yes, this is climate change, scientists say, and expect more weather weirdness to come.“It’s been a wild ride,” said Danny Blair, co-director of the Prairie Climate Centre at the University of Winnipeg.

Russia said Saturday it scrambled an Su-30 fighter jet to «prevent a violation of the Russian state border» by a US Reaper MQ-9 military drone over the Black Sea. «As the Russian fighter approached, the foreign reconnaissance drone performed a U-turn away from the border,» the Russian defence ministry said. The ministry said the drone belonged to the US Air Force. «The Russian aircraft returned safely to its airbase, there was no violation of the border,» it added. Incidents involving Russian and Western aircraft have multiplied over the Black Sea and Baltic Sea in recent months, as Moscow pursues its offensive in Ukraine.

An U.S. publishing executive has died in a boating accident off Italy’s Amalfi Coast

Austria’s leader is proposing to enshrine in the country’s constitution a right to use cash, which remains more popular in the Alpine nation than in many other places

Bloomsbury USA chief Adrienne Vaughan was killed on Thursday. Vaughan was on vacation with her family and went on an excursion to the scenic coast where her cruiser collided with a tourist boat, carrying a wedding banquet.

In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economy. According to a recent headline in The Wall Street Journal, “Germany is dragging down Europe’s economy.“ The article explains how the country heavily depends on manufacturing, which has been hurt as foreign governments rush to protect domestic industries.

Europe in early 2024. The band has announced its 2024 tour, titled ‘Hard As Rock’. What are the exact dates and locations of the Simple Plan tour next year? Let’s take a look at the full list. Simple Plan will tour from January to February 2024, with 20 live shows for fans to choose from. The band announced in a statement that they will play some new songs on the tour from their latest album ‘Harder Than it Looks’, apart from the usual fan-favourite songs. «We might even throw in a few jams we rarely play live to celebrate, as 2024 marks the 25th anniversary of the band and the 20th anniversary of our second album, ‘Still Not Getting Any’!” said the band.

Netherlands coast have safely returned home while the mortal remains of one sailor who was killed in the incident are being repatriated, Indian authorities have said. An Indian crew member was killed and 20 others were injured in the fire that broke out on July 25 on board the Panama-registered ship Fremantle Highway, which was en route from Germany to Egypt. Several crew members were forced to jump overboard.

Jairam Ramesh on Friday said Cipla, is an integral part of the country’s political, economic and social history and its impending takeover by Blackstone should sadden everyone. The Congress general secretary quoting an ET report said on Twitter, “It was painful to learn that Blackstone, the world's largest private equity fund, is negotiating to acquire the entire 33.47% promoter stake in Cipla, India's oldest pharmaceutical company.” Cipla was established in 1935 by Khwaja Abdul Hamied who was profoundly impacted by Mahatma Gandhi, Nehru Sardar Patel and Maulana Azad. He also played an important role in creating Council of Scientific & Industrial Research (CSIR), said Ramesh, who is the chairman of Parliamentary standing committee on science and technology, environment and climate change. «Cipla soon emerged as a shining example of Indian nationalism and his son Yusuf Hamied made Cipla a global supplier of low-cost generic medicines and successfully challenged American, German and British monopolies and patent holders,» he said in his Twitter post. «He (Yusuf Hamied) paved the way for many other Indian companies to establish themselves in different countries. He is one of the most charming and delightful businessmen I have had the privilege of knowing,» Ramesh said.

jobless benefits increased slightly last week, while layoffs dropped to an 11-month low in July, labor department report showed. A separate report showed that the US services sector slowed in July. Investors will now focus on the jobs report for July that is due on Friday.