Germany Financial News
19.04 / 04:23
ETH
Police
Bitcoin
country
Department
Investigations
Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’
Russian Ministry of Internal Affairs officials took a $53.2 million Bitcoin and ETH bribe from a crypto exchange executive, a major newspaper in the country claimed this week.
19.04 / 00:42
UPS
Manufacturing
CEO
Gartner
innovations
recommendations
Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million
Infosys, which has the highest Nifty weighting among locally listed technology companies, Thursday said fourth-quarter net profit climbed 30% on gains in non-core income, beating D-Street estimates. Revenue guidance for FY25, a key monitorable for investors, remained conspicuously circumspect, although India's outsourcing bellwether announced its biggest M&A deal in history, commiting nearly about half a billion dollars. Profit climbed to ₹7,969 crore in the March quarter, beating ET's poll of ₹6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India's technology bellwether.
18.04 / 11:22
markets
BTC
Bitcoin news
Bitcoin
track
Relationships
Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming?
As Bitcoin teeters around the $61,650 mark after a 4% drop, its behavior hints at potential volatility. With the dollar’s rise linked to paused rate cuts enhancing its appeal, Bitcoin faces an opposite effect—diminished attraction due to the anticipated long-term high rates.
18.04 / 08:01
markets
Provident
Action
Food
Nestle
reports
Investigations
Nestle may face strict action by Indian food regulator if found guilty in sugar controversy
FSSAI) on Thursday took cognisance of Nestle's Cerelac sugar case, reported ET NOW citing sources. The regulator said that if found guilty, strict actions will be taken against the brand. A committee will be examining the matter, said FSSAI, as per ET NOW sources. Nestle sugar controversy Nestle adds sugar to infant milk sold in less affluent nations including India but not in its primary markets like Europe or the UK, reported ToI. The revelation came to light when «Public Eye,» a Swiss investigative organization, and IBFAN (International Baby Food Action Network) dispatched samples of the company's baby food items marketed in Asia, Africa, and Latin America to a Belgian laboratory for examination.
17.04 / 22:38
COST
UPS
Research
Simulation
Universities
show
country
New study calculates climate change's economic bite will hit about $38 trillion a year by 2049
A new study says climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming, with the poorest areas and those least responsible for heat-trapping gases taking the biggest monetary hit
17.04 / 12:37
Deutsche Börse’s Post-Trade Business Clearstream to Invest in FinTech Startup Digital Vault Services
Clearstream, Deutsche Börse’s post-trade business is investing an undisclosed amount in the fintech start-up Digital Vault Services (DVS).
16.04 / 23:49
Death
wellness
President
Universities
2020
donates
mountaineering
Investment bank head pays tribute to "courageous" first year analyst who died aged 22
When Lily-Rose Bury got a job on German bank Berenberg's graduate programme in London in October 2021, she said she was «delighted» and «thankful.»
16.04 / 10:34
16.04 / 10:33
security
Trade
War
reports
peace
International
On a China visit, the German chancellor says Russia's invasion of Ukraine threatens global security
German Chancellor Olaf Scholz has told Chinese leader Xi Jinping who hosted him in Beijing that Russia’s full-scale invasion of Ukraine threatens global security, in an apparent call for China to apply greater pressure on its neighbor to end the war
16.04 / 10:33
markets
Trade
President
students
Universities
country
reports
Germany's Scholz calls for fair competition and warns against dumping during China visit
German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday
16.04 / 09:19
UPS
Provident
Booking
Platform
Sustainability
country
GPS Renewables raises $50 million in debt financing
renewable energy firm GPS Renewables has raised $50 Million (Rs 411.50 Crores) in debt financing from a clutch of private and public sector banks, and non-banking financial companies including Punjab National Bank, HDFC, Yes Bank, and HSBC Bank among others. The funds will be used for its nationwide execution of compressed biogas plants. GPS Renewables provides end-to-end solutions for the development, production, and distribution of biofuels.
16.04 / 06:23
Election
Trade
President
stage
country
rights
International
'We are observing with admiration': Germany on Lok Sabha election 2024
Lok Sabha Elections 2024: BJP's ‘Sankalp Patra’ Vs Congress's ‘Nyay Patra’ explained in 10 key points He said, “No matter what happens in these elections, no matter who will be winning this election, I think we will see more of India on the international stage. The G20 Presidency gave us a little taste of that. India claims a seat at the big table, and we, Germans and Europeans, think rightfully so.
16.04 / 05:41
Remark
country
social
rights
rowing
Congress' Sam Pitroda says he's ‘very concerned’ about state of democracy in India
Rajeev Chandrasekhar slams Sam Pitroda over Ram Mandir remark, says it represents Rahul Gandhi's thinking Describing the similar political atmosphere in the developing and developed countries, Sam Pitroda said, “So I have friends in many of these countries, and I believe the problems are very similar. The authoritarian regimes are getting more attention, institutions are bending, they are losing their independence.
15.04 / 20:39
Yellow
Football
EMR
Celebrity
show
reports
Sporting
Terzic's Dortmund 'obliged' to hit back against Atletico
Borussia Dortmund coach Edin Terzic said on Monday his side had to give everything in Tuesday's home Champions League quarter-final second leg against Atletico Madrid after being «punished» in the first game. Dortmund trail 2-1 after last week's match in Madrid, where individual mistakes allowed Atletico to take a 2-0 lead after 30 minutes. The German club fought back as Sebastien Haller scored to bridge the deficit, although the striker will miss Tuesday's clash with injury.
15.04 / 15:41
markets
Tesla
Nikkei
show
reports
World markets today: US stocks rebound amid Middle East tensions
ALSO READ: Wall Street week ahead: Investors to focus on US economic data, key earnings Iran had launched the attack after a suspected Israeli strike on its embassy compound in Syria on April 1 that killed top Revolutionary Guards commanders. Investors’ sentiments were also boosted by positive economic data. A report showed that US retail sales rose 0.7 per cent in March.
15.04 / 12:59
BitPanda
crypto custody
German Federal Bank Landesbank to Offer Crypto Custody Services With Bitpanda
German federal bank Landesbank Baden-Württemberg has entered a crypto partnership with Bitpanda to offer crypto-asset custody services in the second half of 2024.
15.04 / 10:55
markets
COST
Landmark
Action
economy
country
International
Clean energy investors won’t be impressed by G-20 nations’ inaction
The European Union and UK have been world leaders for implementing policy to promote clean energy technologies, but their crown is starting to slip.
15.04 / 10:35
markets
Provident
BLOCK
Digital
BitPanda
Platform
consequences
German bank LBBW enters crypto market
Under the terms of the deal, LBBW will take on Bitpanda's 'investment-as-a-service' infrastructure to store and procure cryptocurrencies.
15.04 / 09:03
UPS
Citi
SUN
cover
reports
Financial
Is working from home about to spark a financial crisis?
Blackstone, an investment firm, bought for $605m in 2014—only to default on its mortgage in 2022. Soaring above Grand Central station is the iconic Helmsley building. Its mortgage was recently sent to “special servicing" (it may be restructured or its owner may simply default).
15.04 / 08:47
markets
UPS
Citi
MET
Tesla
wellness
Tesla scouting for its first India showroom locations in these cities
Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said. Tesla, which saw its global vehicle deliveries decline in the first quarter for the first time in nearly four years, is stepping up efforts to expand into new markets. It wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city, said one of the people familiar with the plans.
14.04 / 20:51
Waves
FIVE
security
Bayer
song
dance
Bayer Leverkusen wins first Bundesliga title, ending Bayern Munich's 11-year reign
Xabi Alonso, Bayer Leverkusen won the Bundesliga title for the first time Sunday to end Bayern Munich's 11-year reign as champion. In the end, it wasn't even close — Leverkusen leads second-place Bayern by 16 points. Florian Wirtz scored a hat trick as Xabi Alonso's Leverkusen routed Werder Bremen 5-0 and the game ended with a pitch invasion Sunday to secure the club's first-ever German league title with five games remaining.
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