Germany Financial News

27.08 / 17:31

Citi Allegiant country concert What is Islamic State, the group implicated in Germany stabbing? Check history, new tactics, and strength in Africa and Middle East

Islamic State has described the 26-year-old Syrian man taken into custody after a stabbing rampage in the western German city of Solingen as a «soldier» of the group. Though largely crushed by a U.S.-led coalition several years ago, IS has managed some major attacks while seeking to rebuild. They include an assault on a Russian concert hall in March that killed at least 143 people and two explosions in the Iranian city of Kerman in January that killed nearly 100 people.

27.08 / 16:18

Citi security stage country information Investigations International Islamic State group claims responsibility for knife attack in Solingen, Germany that killed 3

knife attack in Solingen, Germany that killed three people and wounded eight others at a crowded festival marking the city's 650th anniversary. The group said Saturday on its news site that the attacker targeted Christians and is a «soldier of the Islamic State» who carried out the assaults Friday night «to avenge Muslims in Palestine and everywhere.» The IS claim couldn't immediately be verified. No evidence for the group's assertions was provided.

27.08 / 15:56

markets Blockchain FIVE Digital ETF Bitcoin International Crypto Investment Inflows Surged Last Week Following Powell’s Speech – CoinShares

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...

26.08 / 17:31

markets UPS Citi Booking Action Bill Trade Morning Coffee: The bonus cap probably won't survive in Europe, either. A chance to go through some billionaires’ bathrooms

If you want to understand the banking industry over the long term, one of the most important principles to learn is that of the “regulatory pendulum”. Things come and go, every action has an eventual reaction. Deregulation brings speculation, speculation causes crisis, crisis leads to harsh regulation. But after a while, every financial centre realises that they might be able to steal a bit of market share by relaxing the rules a little bit, and the deregulatory cycle begins to turn again.

24.08 / 13:07

Citi Celebrity band stage reports shock 3 killed, 4 hurt in attack on festival in Germany city: police

German city of Solingen, police said.Police said that the perpetrator was on the run, German news agency dpa reported. It cited unidentified police sources as saying the weapon was believed to be a knife.

24.08 / 02:14

markets Citi Target Man Fighting shooting reports Three dead after stabbing attack at festival in western Germany

stabbing attack at a festival on Friday night in the western German city of Solingen, police said. They said that at around 10 p.m. (2000 GMT) a single, unidentified man attacked multiple people and that the perpetrator was still at large. «It tears my heart apart that there was an attack on our city. I have tears in my eyes when I think of those we have lost,» Solingen Mayor Tim-Oliver Kurzbach said in a statement. «I pray for all those who are still fighting for their lives.»

24.08 / 02:07

UPS CEO wellness country travelers Destinations Struck by wanderlust, Indians queue up to explore Europe in non-traditional seasons; visa delays expected

Europe's allure seems intact for Indian travellers. Visa applications for European destinations have jumped year-on-year after the summer vacations as Indians unleash their wanderlust to explore Europe in autumn and winter as well. Travel and tourism industry executives said this has stretched visa appointment timelines for many European countries, with some offering no slots at all.

23.08 / 14:44

markets Blockchain BTC Platform Bitcoin country International Bukele’s ‘Bitcoin Piggy Bank’: El Salvador’s Reserves Now Stand At 5,851 BTC

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...

23.08 / 11:22

Reuters CEO WhatsApp Nestle PepsiCo Nestle CEO Schneider was ousted, paving way for veteran Freixe, sources say

Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar with the matter told Reuters on Friday. The company announced Schneider's departure late on Thursday following a board meeting and appointed veteran Laurent Freixe as its new CEO. That put an end to a near eight-year tenure at the helm by the 58-year-old German, the first company outsider to lead Nestle in nearly a century. Nestle declined to give further details beyond comments made on an investor call on Friday, where Chairman Paul Bulcke said the board together with Schneider had assessed the current environment and together had agreed to make the change.

23.08 / 02:59

COST UPS Booking pandemic reports Germany's Scholz pledges that his government will help rescue a troubled cruise ship maker

Chancellor Olaf Scholz has pledged that his government will help rescue a major German shipyard that has solid orders for new cruise ships but has run into financial difficulty

22.08 / 19:44

markets Reuters Manufacturing Compilation economy show Euro zone business activity gets boost from Olympics, PMI shows

Euro zone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate cuts from the European Central Bank this year. However there were signs the upswing may be temporary, with readings flattered by a sharp rise in French services activity due to the Olympic Games. German business activity contracted for a second consecutive month and by more than expected.

22.08 / 17:45

markets Blockchain Ethereum Platform coinbase Trade Features Coinbase to Offer MiCA-Compliant EURC Conversions Starting Aug. 28

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...

22.08 / 16:59

Williams film show stars Features Videos Updates The Assassin: Latest updates about filming, plot and cast of new Amazon series

Amazon Prime Video has started production on its new series, "The Assassin," featuring Keeley Hawes and Freddie Highmore. The six-episode thriller is currently filming in Greece and promises to deliver an engaging storyline with a mother-son duo at its core.

22.08 / 12:00

COST Citi Target economy wellness President Euro-zone data suggests ECB could cut rates again

A key gauge of euro-zone wages eased — reinforcing the case for the European Central Bank to continue lowering interest rates next month.

22.08 / 11:43

Provident Food Refugees War country Schools cricket Who is Dobry (Good) Maharaja and why there are monuments of this Indian Maharaja in Poland?

Prime Minister Narendra Modi has paid homage at the 'Good Maharaja Square,' a monument in memory of the late Maharaja of Jamnagar in Warsaw, the capital of Poland. According to the Indian Embassy website, eight Polish primary and secondary schools are named after Jam Saheb, known as 'Good Maharaja' in Poland. The memorial monument – comprising a small brick pillar with inscriptions on it – was unveiled in October 2014 at the Square of the Good Maharaja, Ochota district in Warsaw.

22.08 / 09:59

Mobile WhatsApp country rights Australia's 'right to disconnect' law set to come into force

right to disconnect." The law, which passed in February, protects employees who refuse to monitor, read or respond to contact from their employers outside work hours. Similar laws giving employees a right to switch off their mobile devices are already in place in France, Germany and other countries in the European Union.

22.08 / 00:16

Blockchain Provident Digital CEO BitPanda security International Finnish Broker Coinmotion Expands Crypto Offerings with Bitpanda Partnership

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...

21.08 / 01:40

markets UPS FIVE economy PwC International Why Singapore's Mars, UAE's Lunate, Korea's KIC are keen to open shop in India

AUM of $150 billion) and Singapore-based Mars Growth Capital Partners (AUM $1.5 billion), according to two people familiar with the plans. Others that have set up local operations since this January include South Korea’s sovereign fund KIC, Japan’s Advantage Partners, and Singapore-based Growtheum Capital Partners.

21.08 / 00:05

markets Citi BTC Target Action security Bitcoin German Regulator Confiscates 13 Bitcoin ATMs Over Money Laundering Concerns

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...

20.08 / 23:28

markets Action security Strategy Trade Bitcoin Investigations German Regulator Confiscates 13 Crypto ATMs Over Money Laundering Concerns

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...

20.08 / 20:18

UPS President reports strain International Germany hopes interest from Russian assets will ease the strain of financing aid to Ukraine

German officials have rejected suggestions that national budget constraints could hurt weapons deliveries to Ukraine

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