Germany Financial News
25.10 / 18:21
markets
Digital
Strategy
country
reports
Turkey dismisses reports that India opposed entry as BRICS partner nation
Turkey on Friday dismissed reports that India had opposed its entry as a BRICS partner country at the group's just-concluded Kazan Summit. A day earlier, a report had appeared in a German daily alleging that India had opposed Turkey's entry into the BRICS partner mechanism. Ankara's dismissal of the report came in an official statement. The news report also preceded German Chancellor Olaf Scholz's three-day official visit to India which began on October 25.
25.10 / 15:57
markets
Cooper
security
Sustainability
country
information
peace
India, Germany concerned about Ukraine, West Asia conflicts; on side of peace: PM Modi
India and Germany voiced concern on the ongoing conflicts in Ukraine and West Asia on Friday, with Prime Minister Narendra Modi asserting that New Delhi is ready to make every possible contribution for the restoration of peace. At the 7th India-Germany Inter-Governmental Consultations (IGC), German Chancellor Olaf Scholz described India as an anchor of stability and requested Modi to work jointly to bring about political solutions to the twin conflicts that have been raging for long. «The ongoing conflicts in Ukraine and West Asia are a matter of concern for both countries. India has always been of the view that war cannot be a solution to problems. India is ready to make every possible contribution for the restoration of peace,» Modi said, with the visiting German chancellor by his side. At the IGC, the two sides signed 18 agreements and documents, including a Mutual Legal Assistance Treaty in Criminal Matters and an agreement on exchange and mutual protection of classified information.
25.10 / 12:33
Booking
Progressive
Mobile
Dreams
show
trumpeter
Whatever happened to flying cars and other promises?
The Long History of the Future: Why Tomorrow’s Technology Still Isn’t Here. By Nicole Kobie. Bloomsbury Sigma; 368 pages; $28 and £18.99Are driverless cars hurtling around technology’s next corner? Not really, though not for lack of trying. The first quasi-autonomous car dates back more than 30 years.
25.10 / 08:27
markets
Digital
Progressive
economy
Trade
Experts
PAM
Germany looks to strengthen defence, military ties with India
Olaf Scholz said on Friday he wanted to deepen defence ties with New Delhi and bring the two countries' militaries closer, in comments following a meeting with Indian Prime Minister Narendra Modi. Germany, which has not traditionally had close defence ties with India, is now pitching to join the latter's effort to wean its arms base from decades of dependence on Russia, at a time when the West seeks to counter China's growing influence. «Our overall message is clear, we need more co-operation, not less,» Scholz said.
25.10 / 04:03
24.10 / 17:29
markets
COST
Digital
RAI
Schools
India has 360 proposals for ropeway and cable car: Union Minister Nitin Gadkari
Nitin Gadkari on Thursday, said that India has 360 proposals of rope way and cable cars worth USD 7.93 billion. He was addressing the event ,«Financing of cutting-edge product's from Germany, Austria and Switzerland in the national capital. Gadkari said that apart from ropeways and cable car projects India is building more than 300 tunnel projects and invited companies from Germany, Switzerland and Austria for Joint Venturing in these projects.
24.10 / 09:39
Digital
Strategy
Sustainability
President
PAM
innovations
International
ISBA partners with SanchiConnect to enhance digital tools for startup incubators
New Delhi: In a major step towards enhancing collaboration and digital adoption at incubation centres, the Indian STEPs and Business Incubators Association (ISBA) announced a strategic partnership with SanchiConnect at the 16th edition of ISBACON 2024, India’s premier conference for startup incubators. The conference attracted over 300 participants from incubators across India, government bodies, and international associations such as AABI (The Asian Association of Business Incubators), Thai-BISPA, the British High Commission, and the German Centre for Research & Innovation.
23.10 / 12:35
UPS
Netflix
show
reports
testing
Netflix backs out of plan to develop blockbuster videogame
Subscribe to enjoy similar stories. Netflix is giving up on making the videogame equivalent of a Hollywood blockbuster and will instead focus on producing casual games going forward. The streaming giant earlier this month pulled the plug on developing its own high-end game—what the industry calls a Triple-A title—less than a year into development, a spokeswoman confirmed.
23.10 / 11:39
Waters
community
RWE
Fishing
country
cover
Courts
Big offshore wind project proposed for New York as other sites are evaluated in 3 states
Offshore wind energy projects in New York, New Jersey and Maryland are moving forward, as federal regulators examine the proposals and opponents increase their legal challenges to the work
23.10 / 11:39
markets
Man
Volkswagen
reports
testing
Investigations
Profiles
China has deported a VW executive for allegedly using drugs while in Thailand
A senior executive for Volkswagen in China has been deported for allegedly using cocaine and marijuana while on vacation in Thailand
23.10 / 11:11
UPS
reports
ESG adoption in EMEA hits 'all-time high' amid global political and economic headwinds
According to Capital Group's latest ESG Global Study, 94% of respondents surveyed across EMEA were ESG users in 2024, one percentage point higher than a year before and up from 87% in 2021, as ESG adoption globally remained at a record high. Meanwhile, ESG adoption rates across Asia-Pacific and North America remained unchanged from 2023, at 93% and 75%, respectively. Nearly seven in ten surveyed (68%) cited regulatory compliance as the main driver of ESG adoption, with one portfolio manager at a German private bank mentioned by the report arguing that «under EU regulations, we now ha...
22.10 / 20:13
markets
Blockchain
COST
Provident
reports
International
Traditional Finance Eyes Tokenization, But BIS Warns of Risks – Report
Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...
22.10 / 15:35
markets
Target
Digital
CEO
country
travelers
Destinations
German National Tourism Board to pitch new luxury stays, honeymoon packages to Indians
revenue from Indian trips in 2023. The target is to boost revenues by 10% from India next year besides pitching new luxury accommodation options for Indian travellers and other India only campaigns targeted at honeymooners in the country, said Petra Hedorfer, CEO of German National Tourism Board. The German National Tourist Board (GNTB) works on behalf of the Federal Ministry for Economic Affairs and Climate Action to represent Germany as a tourist destination and is funded by the Ministry in accordance with a decision taken by the German Bundestag. She said in order to continue participating in the rapid growth of the Indian outbound market, the German National Tourist Board (GNTB) is systematically expanding its market activities on the subcontinent. “In view of the changing conditions, especially technological developments, we are also organizing a high-profile delegation trip with top managers from the German travel industry next spring with the GNTB India Digital Travel Knowledge Tour,” said Hedorfer.
22.10 / 14:29
markets
Virus
country
reports
infection
strain
symptoms
Newer mpox strain poses bigger threat to girls, young women and is spreading fast. Check symptoms
mpox strain that has spread from Democratic Republic of Congo to neighboring countries may affect girls and young women, a new study has revealed. Girls and young women may be more susceptible to an infectious subvariant of the virus that causes mpox, reported Bloomberg. Hundreds of children have already died of this deadly strain in eastern Congo. The details of the subvariant of the virus were published in the scientific journal Eurosurveillance, according to which 154 people have tested positive for mpox in Burundi, an area in eastern Congo. Of 154 mpox cases that were reported from July 3 to September 9, the median age was 9.5 years. ALSO READ: New Mpox variant detected in Germany: Health authority
22.10 / 13:27
markets
Digital
Strategy
Election
President
War
Ukraine's Zelenskyy says only US green light on NATO invitation will sway reluctant Germany
NATO — is not welcome by some key Western partners, in particular Germany. Volodymyr Zelenskyy said Russia was also likely looking at the postelection scenario in the US to assess the possibility of cease-fire talks with Ukraine. He assessed that if partial cease-fire deals could be reached over attacks on energy infrastructure and Black Sea shipping routes, it would signal the end of the «hot phase» of the war. Zelenskyy spoke to journalists on Monday and his comments were embargoed until Tuesday. On NATO, Zelenskyy said France, Britain and Italy have shown signs of support. Germany has reservations, however, and Zelenskyy believes only a US green light will convince Berlin to accept the idea.
22.10 / 12:25
22.10 / 11:35
security
Strategy
community
country
travelers
Schools
International
France extends internal border controls until April 2025; What travellers to Schengen area need to know
France has announced its decision to maintain internal border controls until April 30, 2025, due to heightened terrorist threats and concerns over irregular migration. The French authorities formally notified the European Commission that border controls with neighboring Schengen countries—Belgium, Spain, Luxembourg, Switzerland, Germany, and Italy—will not conclude on October 31, 2024, as initially scheduled. The extension follows the country's ongoing concerns over public safety. France's current border control measures will end on October 31, 2024, and a new set of controls will take effect from November 1, 2024. The decision comes amid threats related to terrorist activities, the presence of criminal networks involved in illegal migration, and migration flows that could potentially include radicalized individuals.
22.10 / 09:51
22.10 / 08:19
markets
Digital
Allianz
Trade
Experts
PAM
reports
Allianz considering an exit from Bajaj insurance JVs
Bajaj Finserv on Tuesday said that German company Allianz SE is actively considering to exit from the life and general insurance joint ventures (JV) with Bajaj Group, ending a partnership of over two decades. Bajaj Finserv holds a 74 per cent stake in the JV. It's shares were trading at Rs 1744.05 apiece on the BSE, down 0.85 per cent. Allianz, which holds the remaining 26%, has indicated its strategic priorities have shifted, prompting the potential exit.
22.10 / 01:37
Merit
economy
President
War
country
peace
Putin’s rising price for peace in Ukraine
Subscribe to enjoy similar stories. When German President Frank-Walter Steinmeier awarded Joe Biden the Grand Cross special class of the German Order of Merit in Bellevue Palace here last week, it was a moment of vindication for the beleaguered American president. The only other American so honored was George H.W.
22.10 / 00:23
markets
Provident
Tether
Platform
Bitcoin
reports
Features
Tether-Owned AI Company Considers Selling Bitcoin Mining Arm
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
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