Germany Financial News
07.07 / 13:11
Blockchain
Provident
Digital
Maxim
Platform
Action
Pool
Option
play
FairSpin Emerges as Top iGaming Option with Play-to-Earn and Staking
The online gambling industry is an inescapable part of the future, with more and more people turning to online platforms to gamble.
07.07 / 12:55
UPS
Target
FIVE
CEO
Action
Strategy
Slash
NOT
Countries agree to slash shipping emissions but not enough to stay within warming limits
Maritime nations agreed Friday to slash emissions from the shipping industry to net zero by about 2050 in a deal that many experts and some nations say falls well short of what’s needed to curb warming to agreed temperature limits
07.07 / 10:03
UPS
Deutsche Bank promotes Buvat and Lewellen to co-head European capital markets
Deutsche Bank has promoted two long-standing dealmakers to co-head its capital markets business in Europe, as the German lender ups its dealmaking ambitions.
07.07 / 03:35
IPO
Reuters
JPMorgan
valuation
Catterton mulls IPO for Birkenstock at more than $6 bln valuation
LVMH, is considering strategic options for Birkenstock including an initial public offering, which could value the German sandal maker at more than $6 billion, Bloomberg News reported on Thursday. L Catterton is working with advisers that include Goldman Sachs and JPMorgan on a potential U.S.
07.07 / 03:35
07.07 / 02:01
Microsoft
NASDAQ
Extreme
NYSE
Apple
Apple’s m-cap bigger than most countries’ GDP
Apple, which has added nearly $942 billion or 46% to its market capitalisation so far this year, is currently valued at over $3 trillion. Only 6 countries – US, China, Japan, Germany, UK and India — have a gross domestic product (GDP) bigger than Apple’s total market value.
06.07 / 21:23
COMPOSITE
DAX
Nikkei
Global stock markets plunge on interest rate hike fears
real estate sector tumbled 4.2%. Britain’s FTSE 100 fell 2.2% at 7,280.50. Germany’s DAX dropped 2.6% at 15,528.54. France’s CAC 40 tanked 3.1% at 7,082.29. In Asia, stock markets fell on Thursday, led by Hong Kong shares. Hong Kong’s Hang Seng index slumped 3% at 18,533.05. China’s Shanghai Composite lost 0.5% at 3,205.57.
06.07 / 13:33
markets
Ethereum
Binance
Ether price
Federal Reserve
inflation
Futures
4 reasons Ethereum price can't break $1,970
Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment.
06.07 / 12:43
UPS
Provident
Digital
Career
Manufacturing
Parke
ArcelorMittal Nippon Steel India and Festo India to collaborate on higher and vocational education
ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers – and Festo India, the world’s leading manufacturer and supplier of automation technology and technical education, today announced the signing of a Memorandum of Understanding (MoU) at the Festo Corporate Center in Stuttgart, Germany.The partnership will focus on development of New Age Makers Institute of Technology (NAMTECH), an ArcelorMittal Nippon Steel India education initiative aimed at delivering an integrated model of high-quality engineering and technical education, with special emphasis on manufacturing and sustainability. NAMTECH will start operating an interim campus in the Research Park at IIT Gandhinagar, Gujarat, from August 2023.NAMTECH and Festo India will work in tandem on the design and delivery of technical labs at the campus in Gandhinagar.
06.07 / 09:53
Target
Reuters
COMPOSITE
DAX
European stocks slump; hawkish Fed minutes increase growth concerns
Investing.com — European stock markets fell sharply Thursday, with risk sentiment hit by the release of hawkish minutes of the Federal Reserve’s June meeting as well as weak economic signals.
06.07 / 08:17
UPS
Citi
Citizens
VISA
Manufacturing
foreign
China needs foreign workers. So why won’t it embrace immigration?
economic growth and create an enormous burden of care. Yet when officials in Beijing mull solutions, one seems largely absent from the discussion: immigration. China has astonishingly few foreign-born residents.
06.07 / 07:43
UPS
Reuters
Manufacturing
German industrial orders rise more than expected in May
(Reuters) -German industrial orders rose significantly more than expected in May, due to large scale orders of ships, spacecraft and military vehicles.
06.07 / 05:33
COST
UPS
FIVE
Extreme
Manufacturing
Fighting
The West Again Learns That War Needs Industry
Behind the deadly front lines where Ukrainian and Russian soldiers are locked in combat, a less-noticed life-or-death battle is raging to keep troops supplied with arms and ammunition. The side that loses that fight is the one that will lose the war. It is a lesson Washington is relearning.
06.07 / 05:13
UPS
Reuters
Manufacturing
Apple
NVIDIA
TSMC
NOT
Do not expect direct production impact from China's metal export curbs: TSMC
TSMC, the world's largest contract chipmaker, said on Thursday it does not expect any direct impact on its production from China's decision to restrict exports of two metals widely used in semiconductors and electric vehicles. In a move that a top Chinese trade advisor warned was «just a start,» Beijing said on Monday it would limit exports of products made from the minor metals of gallium and germanium to protect national security.
06.07 / 01:33
Provident
Action
Compilation
Flushing
RWE
Green bonds take big lead over fossil-fuel debt deals
debt markets for environmentally friendly projects than they are for fossil fuels. Almost $350 billion was raised from green bond sales and loan arrangements in the first half of this year, compared with less than $235 billion of oil, gas and coal-related financing, according to data compiled by Bloomberg. The ratio was roughly $300 billion green versus $315 billion fossil fuels in the same period last year.
05.07 / 22:29
Manufacturing
CEO
Gap
SpaceX
Ariane 5 lifts off on last mission as Europe faces space gap
Europe's Ariane 5 rocket on Wednesday blasted off from French Guiana for the final time, carrying two military communications satellites and leaving its nations with a vacuum in autonomous access to space for the first time in more than four decades. The 53-metre-tall, three-stage launcher left the launchpad in the French spaceport of Kourou on its 117th and final mission at 7 p.m.
05.07 / 21:05
COMPOSITE
DAX
Nikkei
US stocks
economic data
Global markets update: US stocks slide on weak economic data
economic activity fell in June. According to revised figures from the HCOB Eurozone Composite purchasing managers' index, Eurozone economic activity fell to 49.9 points in June, just under the 50-point mark indicating zero growth. The EURO STOXX 50 index closed 0.9% lower, its worst session since end May.
05.07 / 20:35
Career
Action
Jail
Alison Mack: Why was Smallville actress sentenced to jail?
Mack, once known for her role in the popular TV series Smallville, found herself in the midst of public controversy and scrutiny after her association with the infamous cult group Nxivm. After serving two years of her three-year prison sentence, her release prompts reflection on her journey from the entertainment industry to incarceration, while exploring the events that led to her downfall. Born on July 29, 1982, in Preetz, Germany, Mack began her acting career at a young age, showing promise and talent.
05.07 / 18:39
COST
UPS
FIVE
Waters
Manufacturing
R&D
Centre
Centre releases draft roadmap for R&D for green hydrogen manufacturing, storage
New Delhi: The union ministry of new and renewable energy on Wednesday released the draft roadmap for research and development of green hydrogen manufacturing and storage. As per the draft roadmap, the plans to develop efficient, safe, and cost-effective hydrogen storage methods that enable high-density storage, reduce leakage, and allow for easy and quick refueling.
05.07 / 18:07
UPS
Citi
Manufacturing
Volkswagen
Solomonic
Audi
Audi to unveil electric vehicle manufacturing plans in Mexico -sources
By Daina Beth Solomon and Dave Graham
05.07 / 16:51
Citi
Target
Digital
Amazon
Aware
Amazon Global Selling to surpass $8 bn in cumulative exports from India in 2023
NEW DELHI : Exports by Indian sellers to Amazon marketplaces the world over are on track to surpass $8 billion in 2023, said a top executive at the company. The business update comes over a year after the global e-commerce marketplace had doubled targets to achieve $20 billion in cumulative e-commerce exports from India by 2025. The update is part of Amazon Global Selling, the retailer’s e-commerce exports program, that has grown to more than 1.25 lakh Indian exporters since its launch in 2015.
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