Germany Financial News
21.12 / 03:03
21.12 / 02:35
COST
Cooper
Manufacturing
Volkswagen
Sustainability
Golf
VW wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen’s employee representatives say they have reached a wage deal
21.12 / 01:15
markets
Citi
Man
Death
show
shock
medicines
Two dead, 60 hurt after car plows into crowd at Christmas market in Germany
Christmas market in the eastern German city of Magdeburg on Friday, killing at least two people and injuring at least 60 others in what authorities called a deliberate attack.The driver was arrested at the scene shortly after the car barreled into the market at around 7 p.m., when it was teeming with holiday shoppers looking forward to the weekend.Verified bystander footage distributed by the German news agency dpa showed the suspect’s arrest on a walkway in the middle of the road. A nearby police officer pointing a handgun at the man shouted at him as he lay prone.
20.12 / 20:35
markets
Digital
Strategy
Experts
Celebrity
PAM
gatherings
How Old Christmas Customs Have Shaped Modern Celebrations
Long before the birth of modern Christmas, people marked the shortest day of the year- the winter solstice. Ancient cultures celebrated the return of the sun with festivals like Yule in Scandinavia. The Norse lit bonfires, feasted, and gathered in joy; this symbolized light over darkness. This tradition is what inspires the warm glow of candles and string lights in our current celebrations. Similarly, the Romans celebrated Saturnalia, a lively festival in honor of Saturn, the god of agriculture. Homes were decorated with evergreen boughs, feasts were shared, and small gifts were exchanged. These customs laid the foundation for the gift-giving and festive greenery that define Christmas today.
20.12 / 06:51
19.12 / 11:59
UPS
Google
Software
Parke
Simulation
IBM
classical
The age of quantum software has already started
Subscribe to enjoy similar stories. Quantum computers are still in their infancy, but we don’t have to wait until they grow up to get a glimpse of the difference they will make. That means companies racing to keep up with artificial intelligence will need to contend with yet another emerging area of change much more quickly than some quantum timelines suggest.
18.12 / 13:55
markets
UPS
Man
JPMorgan
Trade
Universities
Morning Coffee: Deutsche Bank man earns $11m in two years, resigns. M&A bankers can earn more outside M&A
Was it Olivier Vigneron's intention to walk away from Deutsche Bank? The Wall Street Journal and the Financial Times both suggest that it was. He has decided not to «seek an extension of his contract» goes the wording. He will be leaving on May 19th 2025.
18.12 / 13:55
markets
UPS
Citi
JPMorgan
wellness
Healthcare
Late year rush to hire junior bankers ahead of expected deal recovery in 2025
In case you hadn’t heard, 2025 is shaping up to be a good year for investment bankers. It’s not just rhetoric, either – they’re putting their money where their mouth is and hiring in anticipation of it, too.
18.12 / 09:57
markets
Google
Volkswagen
Action
Strategy
Software
Experts
Volkswagen, unions likely to strike deal in small hours or break off till next year, source says
Volkswagen and German unions will most likely either reach a deal in the early hours of Wednesday or adjourn until the new year, a source familiar with discussions said on Tuesday, as the two sides strive to reach a cost-cutting pact before Christmas. After a 13-hour negotiation round on Monday ending after midnight, talks are expected to stretch even further into the early hours of Wednesday, the source said, declining to be named because discussions are private. Both Volkswagen and labour leaders have expressed a keen interest in a deal this year, but they remain far apart on key issues, including the possibility of plant closures, which labour representatives adamantly oppose but which the carmaker insists it cannot rule out.
18.12 / 09:37
Waters
BAY
community
BASF
Fishing
Department
Courts
Group says New Jersey toxic waste dumping caused $1B in harm, calls settlement inadequate
A Jersey Shore environmental group says damage from decades of toxic waste dumping at one of America's most notorious pollution sites caused $1 billion worth of damages
18.12 / 08:57
markets
UPS
CEO
community
Commerzbank
UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
Italy's UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives, as markets watch whether it will take the leap with a buyout of the German lender.
18.12 / 06:33
UPS
Software
IBM
students
Universities
Diversity
Colleges
Companies ramp up diversity hiring in campus placements to woo investors, impress public
Subscribe to enjoy similar stories. Companies in India are increasing diversity hiring for roles ranging from software development to mechanical engineering as they try to come across to investors and the public as forward-thinking entities with good corporate governance norms. Placement officers from at least four colleges in India have hinted that diversity hiring for the batch of 2025 has risen from last year, in addition to the general recruitment of engineering students.
18.12 / 04:29
markets
Volkswagen
Trade
reports
Nissan, Honda confirm talks on closer collaboration but say there's been no decision on a merger
Japanese automakers Nissan Motor Corp. and Honda Motor Co. have confirmed that they are discussing closer collaboration but denied reports they have decided on a merger
17.12 / 13:01
European Union
European Commission
Bitcoin reaches all-time high as Trump support for crypto gathers pace
Bitcoin, considered part of the so-called 'Trump trade', has gathered pace since the US election outcome as investors have continued to gain confidence in political support for the cryptocurrency.
17.12 / 09:53
markets
UPS
Analysis
Trade
Experts
European shares waver, dollar firms ahead of central bank meetings
bank meetings this week that is likely to see the U.S. Federal Reserve deliver a rate cut and the Bank of Japan stand pat for now. The pan-continental STOXX 600 was down 0.5%, to a two-week low. Germany's DAX, France's CAC 40 and Britain's FTSE 100 were lower by between 0.1% and 0.7%.
16.12 / 06:47
markets
Digital
Software
Election
Experts
PAM
Which German coalition plans will still be implemented?
Chancellor Olaf Scholz's coalition collapsed in November, but some laws could still be passed before an early election in February. The departure from the coalition of the neoliberal Free Democrats (FDP) deprived Scholz's government of its parliamentary majority and left in limbo dozens of laws the coalition had been scheduled to pass in its remaining time. However, the FDP signalled on Friday its support for passing certain laws that were already well advanced through the legislative process and in which the party was deeply involved.
15.12 / 23:49
markets
Waters
Career
film
DISH
Interviews
Rice cookers and the lives of women in Asia
Payal Kapadia, director of the acclaimed new film All We Imagine As Light, has a more ambiguous view of rice cookers. Prabha, one of the nurses who are the central characters, receives one as a gift from her husband, who disappeared to Germany years ago. It is both impressive — “so international”, her flatmate Anu exclaims — and impractical, too large for their tiny apartment or the meals they make. It is an appliance for a large family, of the kind that Prabha was denied by her husband’s absence. Kapadia has pointed out in interviews that such devices are marketed as being Pable to change a woman’s life, but “not that you could go to work now, but that you will take better care of your family”. Prabha has achieved a career and life on her own terms, yet the cooker can make her yearn for the life she could have had.
15.12 / 02:51
UPS
Booking
Waters
wellness
country
beautiful
travelers
Travel: Get charmed by Bled’s picturesque calm
Subscribe to enjoy similar stories. Leisure travellers are usually in two kinds of mood when planning a trip to Europe—one is sticking to tried and tested classics and the other is the compulsive desire to go off the beaten path, wind down the road less travelled. Well, we are on the verge of striding into 2025 in a world under the influence of reels and videos on TikTok and Instagram, so the “road less travelled", in a true sense of the phrase, doesn’t really exist anymore.
14.12 / 09:41
markets
Provident
Software
War
PAM
social
hospital
Nancy Pelosi hospitalised in Luxembourg after fall at official engagement; What we know so far
Nancy Pelosi, 84, has been admitted to hospital after suffering an injury during a fall at an official event in Luxembourg. Pelosi was part of a bipartisan Congressional delegation attending a ceremony to mark the 80th anniversary of the Battle of the Bulge in World War II. Her spokesperson, Ian Krager, confirmed that Pelosi is receiving “excellent” treatment from medical professionals and is continuing to work despite the injury.
14.12 / 04:25
13.12 / 08:19
Man
security
SPY
War
reports
Investigations
Tracking Putin’s most feared secret agency—from inside a Russian prison and beyond
Subscribe to enjoy similar stories. ABOARD A RUSSIAN PRESIDENTIAL JET—The spy at the front of the cabin drew open the curtain. Wearing a sand-colored jacket and brown shoes, with a salt-and-pepper goatee, the man had spent the past few hours organizing the final preparations for the largest East-West prisoner swap since the Cold War.
latest developments in Germany
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