Germany Financial News

12.07 / 22:45

UPS Citi Telegram EVA Rothschild is hiring whilst it's firing

Rothschild might be in the middle of a job cuts regimen, but that doesn’t mean it can’t take advantage of some pretty sweet deals popping up on the (jobs) market.

12.07 / 21:19

NASDAQ DOW COMPOSITE US stocks Global markets update: US stocks gain after slowdown in inflation, Nasdaq rallies 1.16%

inflation data bolstered hopes that the Federal Reserve could end its interest rate hikes soon. The S&P 500 gained 33.40 points, or 0.75%, at 4,472.66 points. The Nasdaq Composite climbed 160.30 points, or 1.16%, at 13,921.00. The Dow Jones Industrial Average rose 92.17 points, or 0.27%, at 34,353.59.

12.07 / 16:13

COST FIVE Digital Career Fighting Eaton Wagner debate State run versus private armies: Wagner triggered a risk debate

The failed ‘mutiny’ by the private military Wagner Group in Russia has generated a debate on the rise of private armies in modern warfare. Tony Barber in Financial Times pointed to a mercenary tradition in Russia that dates back to at least the times of Leo Tolstoy. But the practice was widespread.

12.07 / 14:35

UPS FIVE Digital Time Music streams for 2023 hit 1 trillion in record time. Latin and K-pop artists are big reasons why

Is non-English language music the future of the music business

12.07 / 13:49

Target Reuters DAX Is the inflation crisis over?

Despite the Fed’s best efforts, the U.S. economy has maintained its momentum throughout this year, shattering expectations of a potential downturn. Although employment growth was slower in June, robust figures continued to pressure the fed for further rate rises, even though consumer expenditure experienced a slight chill in May relative to the preceding month.

12.07 / 13:15

UPS Reuters European assets jump after U.S. inflation slows

MILAN (Reuters) — European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the end of a series of steep interest rate rises.

12.07 / 08:33

Provident Target Cooper Manufacturing Platform Orange Bubble in defence and drone stocks?

a heat map for defence stocks. So, are defence stocks in Indiacurrently overvalued? To understand this, let's take a look at Israel. When the state of Israel was founded, the country desperately needed trading partners.

12.07 / 05:25

FIVE Extreme Career Best and worst countries for expats in 2023: Where does India stand? Full list here

Most of the expats find Mexico as their most favoured destination, followed by Spain, Panama, Malaysia, and Taiwan, according to a recent survey by InterNations, titled as ‘Expats Insider 2023’. On the other hand, Germany, South Korea, Turkey, Norway, and Kuwait appeared as the worst places for expats in the survey. India stood at 36th position in the index containing 53 nations.

12.07 / 01:55

Booking Manufacturing BMW Mercedes-Benz Fitch Audi Sale of luxury vehicles sees 38% jump YoY in June, much ahead of overall automobile sales growth

According to industry estimates, about 20,000 luxury vehicles were sold between January and June — a 38% jump over 14,500 units sold in the same period a year ago. Strong consumer demand, especially at the top end of the market, and healthy order books across manufacturers will help sustain momentum through the year and push overall volumes past the pre-pandemic peak of 40,000 units in 2018, senior industry executives told ET. Meanwhile, overall passenger vehicle sales rose by about 10% to over 2 million units in the first half of 2023.

11.07 / 22:19

CBDC Adoption G20 BIS reports BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers

In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital currencies (CBDCs) — on July 11. The reports reached very different conclusions about the related technologies.

11.07 / 21:01

UPS Provident COMPOSITE DAX Nikkei US stocks Global markets update: US stocks climb ahead of inflation

US Federal Reserve was nearing the end of its interest rate hiking cycle. The pan-European STOXX 600 ended 0.7% higher. Irish stocks jumped 2.1%, boosted by gains in Kingspan which climbed 15.7% after forecasting record profit for the first half of the year.

11.07 / 10:39

COST NASDAQ HSBC Daimler Interest rate long-haul weakens US equity futures

The buoyant mood sparked by China’s latest economic support measures didn’t last long on Tuesday as European stocks and US futures wavered after policy makers’ warnings of higher-for-longer interest rates.

11.07 / 09:37

UPS Citi Man Parke Discover Southern German businessman's dismembered body found in Thailand freezer with chainsaw and hedge clippers

Thai police say they have found the dismembered body of a missing German businessman inside a freezer inside a house in southern Thailand

11.07 / 08:37

FIVE Airlines Everest Deadly aircraft crashes common in mountainous Nepal

Nepal, where six people were killed in a helicopter crash on Tuesday, has a history of deadly air crashes. Below are details of plane and helicopter crashes this century in the Himalayan country, where several airlines fly to small airports in remote hills and mountains shrouded in clouds and cut off from roads.

11.07 / 07:33

Lowe's Low Dollar retreats to two-month low; sterling soars on record wage growth

Investing.com — The U.S. dollar slipped to a two-month low in early European hours Tuesday on growing expectations that the U.S. Federal Reserve is nearing the end of its tightening cycle, while sterling hit a fresh 15-month high as wages continue to grow.

11.07 / 07:33

Target DOW Action DAX European stock futures higher; sentiment boosted by Fed comments

Investing.com — European stock markets are expected to open higher Tuesday, following gains on Wall Street and Asia overnight, as investors digest key German inflation and U.K. unemployment data.

11.07 / 06:43

COST IPO Target Booking CEO Stryker Backed Twiggy-backed CurveBeam AI opens books for $154m float

Medical imaging business CurveBeam AI, which has assembled an impressive register via its pre-IPO rounds, opened the books on an initial public offering on Tuesday.

11.07 / 06:41

UPS German inflation bucks downward trend in June

BERLIN (Reuters) — German inflation rose in June, interrupting a steady decline since the start of the year.

11.07 / 01:37

BLOCK Cooper Progressive Assurant ‘Ukraine will be part of NATO...work to gain membership going on’, says Volodymyr Zelensky

On the eve of the NATO Summit, Ukrainian President Volodymyr Zelensky exuded confidence that the war-torn country will become part of the alliance. In a press statement on Monday night, Zelensky said, "We are still working on the wording, that is, on the specific words of such confirmation, but we already understand the fact that Ukraine will be in the alliance...And we are working to make the algorithm for gaining membership as clear and fast as possible". European diplomats said that the Western allies of Kyiv are still finalising a joint framework that would pave the way for long-term security assurances for Ukraine, and may wait until the end of a NATO summit this week to announce them.

11.07 / 00:49

UPS DOW COMPOSITE US stocks inflation data Global markets update: US stocks up marginally as investors await inflation data

inflation data, due to be released on Wednesday. The S&P 500 gained 3.89 points, or 0.09%, at 4,402.84. The Dow Jones Industrial Average rose 167.86 points, or 0.5%, at 33,902.74.

11.07 / 00:17

UPS BLOCK Manufacturing Fighting Mobile Australian The Australian-made troop carrier built like a tank

Bigger, faster, stronger. The next-generation Boxer armoured vehicles being made in Australia by German defence giant Rheinmetall are in high demand in armies around the world.

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