Germany Financial News
14.07 / 18:49
business
Binance
Binance headcount reduction hits 1,000 employees: Report
Binance is celebrating its sixth anniversary, with over 1,000 people reportedly laid off in recent weeks, The Wall Street Journal reported.
14.07 / 11:07
Lowe's
week
Dollar edges higher, but on course for worst week in eight months
Investing.com — The U.S. dollar edged higher in early European hours Friday, rebounding from 15-month lows as traders factored in an end of the Federal Reserve’s rate hike cycle as inflation eases.
14.07 / 06:23
Cooper
CEO
Updates
PM Modi in France LIVE Updates: PM Modi to witness Bastille Day Parade at 1.30 pm today
Check all LIVE updates on PM Modi's France visit and Bastille Day Parade here.During his speech, PM Modi drew attention to the increasing presence of international players in India and specifically highlighted the growing popularity of Kylian Mbappe, the captain of the French national football team, among Indian fans. He noted that Mbappe is widely recognized and admired in India, even more so than in his home country.Read more hereIndia has decided to open a new consulate in Marseille in France, Prime Minister Narendra Modi said on Thursday.Addressing the Indian community at La Seine Musicale in Paris, PM Modi also said that Saint Thiruvalluvar's statue will be installed in France.PM Modi in France: Prime Minister Narendra Modi is set to receive a prestigious recognition during his visit to France, as he will be the guest of honour at the Bastille Day 2023 military parade.
14.07 / 06:13
Lowe's
NIFTY
DAX
SENSEX
Nikkei
500
Nifty@19,500: Is the market running ahead of fundamentals?
Nifty50 has rallied by about 15 per cent from the March lows to set new record highs.Where are we in this bull phase?This bull phase was born on the pessimism of the Covid outbreak when Nifty crashed to 7,511 in March 2020. For the next eighteen months, we had a one-way rally born on skepticism, which took the Nifty to 18,604 in October 2021. After a consolidation phase lasting more than a year, the bull is charging again.
14.07 / 03:11
COST
UPS
Target
Action
Enterprise
Delta
Stocks to Watch: Wipro, HCL Tech, JSW Energy, Delta Corp, Adani Green
Wipro: The IT major reported dollar revenue of $2.78 billion for June quarter, a 2.1% sequential decline and only 0.81% better than the year-ago period. In constant currency terms, sequential growth fell 2.8%. Net income slipped 6.5% sequentially to $349.8 million, although it was up 7.8% year-on-year.
13.07 / 20:51
UPS
Citi
Provident
COMPOSITE
DAX
US stocks
inflation data
Global markets update: US stocks edge higher after producer inflation data
jobless benefits dropped 12,000 to a seasonally adjusted 237,000 for the week ended July 8, but overall the labor market remains tight. The 10-year treasury yield fell to 3.76% from 3.86% late Wednesday. The 2-year treasury yield fell to 4.63% from 4.75%.
13.07 / 20:39
FIVE
VISA
Indians studying Masters in France can now get five-year post study work visa
Narendra Modi announced that Indian students who are pursuing their Masters in France will now be given a five-year post study work visa. Earlier, Indian students were given two-year work visa.
13.07 / 18:39
COST
UPS
JPMorgan
Gap
Commerzbank
Banks Can’t Shortchange Savers Forever
Right now, the only way to escape high interest rates is by opening a deposit account to try to benefit from them. But investors shouldn’t assume banks can just keep on snubbing depositors. Though the Federal Reserve has pegged market rates of interest above 5%, getting more than 4% on a savings account is tough.
13.07 / 17:57
CEO
Strategy
Mercedes-Benz
Tianqi Lithium invests $150M as EV brand Smart seeks additional funding
Smart, a joint venture of Germany's Mercedes Benz (OTC:MBGAF) and China's Geely Automobile Holdings (OTC:GELYY), revealed Thursday its intentions to pursue series-A funding in order to secure $250-300 million. The objective behind this fundraising initiative is to strengthen its long-term sustainable development strategy while expediting its global expansion efforts.
13.07 / 15:01
Provident
Booking
Remark
Duke
Adventure
Top Bridgerton books to explore the magic of regency romance
This beloved series takes readers on a journey through the lives and romances of the Bridgerton siblings, each book offering a unique and captivating love story. Dive into the world of the Bridgertons and get ready to be swept away by the compelling storytelling and unforgettable characters that have made this series a true sensation. Choose your preferred format and embark on a journey filled with love, laughter and happily ever afters in the world of the Bridgertons.
13.07 / 14:47
UPS
Target
Manufacturing
CEO
Strategy
As Concerns About China Grow, Germany Loosens Its Embrace
For decades, selling to China has been a key ingredient in Germany’s recipe for economic success. Now, Berlin wonders if its partner has gotten too close for comfort. On Thursday, Germany released its first-ever “China strategy," an attempt to balance the relationship’s huge economic benefits with the need to manage risks posed by Beijing’s increasing authoritarianism at home and assertiveness abroad.
13.07 / 13:21
Loch Ness monster-like dinosaur skeletons may fetch $800K at New York auction
dinosaur skeletons — one a fierce flying reptile of the kind seen in the «Jurassic Park» movies and the other evocative of the Loch Ness monster — will be auctioned off this month in New York, Sotheby's said Tuesday. The latter, called Nessie after the legendary elusive beast plying the depths of a Scottish lake, is estimated to draw between $600,000 and $800,000, Sotheby's said. A kind of dinosaur called a plesiosaur, it was last auctioned in Paris in 2010 and at the time had come from a private museum in Germany. The remains, which are nearly 11 feet (3.4 meters) long, were found in a quarry in England in 1990. The skeleton is about 75 per cent complete and in exceptional condition, said Cassandra Hotton, Sotheby's head of Science and Popular Culture. With its small head, long neck and flippers, the plesiosaur lived in the Lower Jurassic period about 190 million years ago. «The history of the Plesiosaur is also intertwined with the elusive Loch Ness monster of Scottish folklore, as many have drawn morphological comparisons between the Plesiosaur and the infamous 'Nessie,' whose sightings stretch back to the sixth century,» Sotheby's said in a news release.
13.07 / 12:21
13.07 / 12:21
UPS
Cooper
Progressive
Action
Racing
Strategy
Germany presents long-awaited strategy on China, stresses economic security
The German government has presented a long-awaited strategy for relations with China that points to a “systemic rivalry” with the Asian power and a need to reduce risks of economic dependency, but highlights Berlin’s desire to work with Beijing on chal...
13.07 / 12:21
13.07 / 08:49
UPS
MET
COMPOSITE
With 3rd of Chandrayaan missions, ISRO aims to master soft landing on lunar surface
Chandrayaan programme was conceived by the Government of India and formally announced by former Prime Minister, the late Atal Bihari Vajpayee on August 15, 2003. Subsequently, the hardwork of the scientists paid off when the maiden mission onboard ISRO's trusted PSLV-C 11 rocket lifted off on October 22, 2008. According to the Indian Space Research Organisation, PSLV-C11 was an updated version of the standard configuration of a PSLV.
13.07 / 08:25
13.07 / 07:29
Manufacturing
DAX
European stock futures mixed; U.K. economy contracted in May
Investing.com — European stock markets are expected to open in a mixed fashion, as investors digest the softer-than-expected U.S. inflation data as well as weak U.K. growth data.
13.07 / 07:29
CEO
Enterprise
U.K.'s Domino's Pizza Group names new CEO
(Reuters) -Domino’s Pizza Group (LON:DOM) said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operator of the pizza chain, will join the UK firm in August as its chief executive.
13.07 / 06:59
CEO
Mobile
DNA
EUR
Deal
HCL Technologies inks deal with ASAP Group for about ₹2,300 crore
HCL Technologies has inked an agreement to buy a 100% stake in the German automotive engineering services company ASAP Group for EUR 251.1 million (about ₹2,300 crore), said the company in an exchange filing on Wednesday. As per the company's filing, the acquisition is anticipated to be completed by September 2023 through an all-cash transaction through the company's UK subsidiary, subject to regulatory approvals.
13.07 / 02:03
Provident
FIVE
Progressive
Manufacturing
Mobile
Software
Align
services
acquires
HCLTech acquires German automotive engineering services provider ASAP for €251 million
HCLTech will acquire a 100% stake in German automotive engineering services provider ASAP Group for €251 million and the transaction is expected to close by September 2023 subject to regulatory approvals, the IT major informed the stock exchanges on Thursday. ASAP is focussed on future-oriented automotive technologies in areas such as autonomous driving, e-mobility, and connectivity.
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