Germany Financial News

Meta Platforms comply with EU data protection rules during their investigations, Europe's top court said on Tuesday, a move likely to broaden regulators' scrutiny of Big Tech. The case before the Luxembourg-based Court of Justice of the European Union (CJEU) concerns a 2019 German cartel office order to Meta to stop collecting users' data without their consent as such a practice constituted an abuse of its market power.

Crypto giant Binance opened a regional headquarters in Paris last year, hoping to expand its business in Europe. Things haven’t gone its way. The Netherlands and Belgium have shut their doors to the exchange.

Investing.com — European stock markets are expected to open largely unchanged Tuesday, with investors searching for cues given a light data calendar and a U.S. holiday.

Sky Cinema offers movie premieres along with the added bonus of Paramount+. To help you discover new favorites, we have compiled a list of upcoming premieres this month. The premiere dates may change. For Sky subscribers without movie channels, there is an additional cost of £12 per month for a minimum 18-month contract. Sky also offers ongoing deals, such as the Sky + Cinema + Netflix package, providing access to Sky channels (including Cinema) and Netflix for £37 per month over 18 months.

Investing.com — Right on cue, the Saudis came out to say their million-barrel cut for July will be extended to August and possibly September — maybe even infinitely. The Russians talked up their cuts too. But the announcements coincided with particularly bad global factory activity, sending crude prices lower.

food, textiles and auto components, on the lines of Messe Frankfurt, Gulfood and Canton Fair, to achieve 12% growth in goods exports by 2030. These suggestions figured in a meeting held by commerce and industry minister Piyush Goyal with industry and exporters on Monday.

Wiener Zeitung, stopped its print publication last Friday. The Vienna-based German paper had its first print run on August 8, 1703, more than 50 years before the Battle of Palashi in our neck of the woods, covering 320 years, '12 presidents, 10 emperors, 2 republics'.

MILAN (Reuters) — Carmaker Stellantis will invest up to 200 million euros ($218 million) to ensure its Italian Mirafiori site, the historic home of Fiat, remains one of its primary locations for what it is calling its «green campus» programme.

said in a video of his police interview played for jurors in the Oscar-winner’s sexual assault trial. “It does make me feel a bit sick talking about it," the report said.  The victim said Spacey made him uncomfortable querying him about his sexuality, then became “touchy feely" and moved on to aggressive groping when they were alone together. “He was right from the get-go grooming me," the man said in his police interview last year.

A day after Twitter imposed new limits on the number of posts users can see (based on their verification status), rival social media company Mastodon reported a significant increase in traffic. 

French President Emmanuel Macron used executive powers to raise the government’s minimum retirement age for national pension benefits Tuesday, amid protests inside and outside the chambers. 

(Corrects to read 'Mastodon' (not 'Mastadon'), in headline, paragraphs 1, 2)

Going to the right university is as important to your potential career in finance as drinking water, eating food, or even breathing. But which universities are best? It’s a question that has plagued students for years.

Sometimes you stick around for five years waiting for a promotion. Sometimes you say screw it and join the French competitor on the other side of town. So it seems to go if you’re Heinz Wenzel, at least.

Investing.com — European stock markets edged higher Monday, continuing last week's positive sentiment while investors digest mixed regional manufacturing data.

Investing.com — The U.S. dollar edged higher in early European trade Monday, partially recovering after Friday’s losses in the wake of softer-than-expected inflation data as a holiday-shortened week gets underway.

Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk.

Jo Lindner, better known as “Joesthetics,” has died. He was just 30. His death was confirmed by his girl friend Nicha.

inflation cooled in the US and quickened in Europe, according to the latest readings, while central bankers in both regions signaled they’re prepared to raise interest rates further. In China, where the economy was expected to stage a huge rebound this year, the problems just keep piling up. On top of weak consumer spending and a housing slump, holiday tourism moderated last month and industrial profits are still plunging. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

Europe comes from Saxony. The state has pulled in billions in investment, and fabrication plants, or “fabs,” for companies such as Infineon, Bosch and Globalfoundries are all based in Saxony, which is rumored to be the site of a future TSMC plant. Yet a skilled labor shortage is weighing on the sector. Over 76,000 people in Saxony are employed in the local chip industry, thanks in part to nearby clusters of research institutes, semiconductor-related companies and technical universities. By 2030, lobbyists project, this number will grow to 100,000. That, however, isn’t enough – not for Germany, nor for Europe as a whole. By that year, the European Union wants to manufacture 20% of the world’s semiconductors, up from 10%. Dresden’s efforts to train talent and attract skilled workers may offer clues as to how that could happen.

Emmanuel Macron scrapped an official trip to Germany after nights of unrest across France. Officials said they were again deploying 45,000 police to the streets nationwide in an effort to head off a fifth night of violence. Some 2,400 people have been arrested overall since the teen's death on Tuesday.