Germany Financial News
27.03 / 13:15
markets
IPO
Platform
Reddit
Trade
country
social
Global IPO revival lags first quarter share sales as markets rally
equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks rallied, but a revival in initial public offerings has lagged. Bankers carried out $143.9 billion of stock sales worldwide so far this year, the best first quarter since 2021, according to Dealogic data.
27.03 / 12:49
markets
Provident
Digital
Action
wellness
rights
Investigations
Worldcoin banned in Portugal over privacy concerns
The move is a further blow for the controversial initiative which has already been hit with multiple bans around the world.
27.03 / 08:59
markets
Manufacturing
economy
Remark
performer
country
FY24 Market Review: Nifty 50 jumped 30%; 5 stocks including Bajaj Auto, Tata Motors delivered returns over 100%
IPO Review: 25 companies hit Dalal Street in March with two more set to list The large-cap space has also performed well in FY24, with a handful of stocks delivering multibagger returns. The benchmark index, Nifty 50, which represents the country’s top 50 blue-chip companies across various sectors, has soared 30% in FY24 so far. It ended 9 out of the last 11 months in the green.
27.03 / 04:43
security
Trade
President
War
reports
Department
In a Secret Game of Prisoner Swaps, Putin Has Held Most of the Cards
There were no aides and no note-takers in the Oval Office—just President Biden and his German guest. Chancellor Olaf Scholz came on such short notice that the only plane he could book, a small Airbus 321, had to refuel in Iceland. Russia’s war in Ukraine and the fighting in Gaza dominated the 90-minute meeting.
27.03 / 00:01
UPS
Art
Boxing
film
audience
reports
‘Kidnapped: The Abduction Of Edgardo Mortara’: See all we know about U.S. release, storyline and production
Cohen Media Group is gearing up for the U.S. release of Marco Bellocchio’s acclaimed drama Kidnapped: The Abduction Of Edgardo Mortara. The film, which premiered at Cannes, TIFF, and NYFF in 2023, is set to hit U.S. theaters on May 24, according to a Deadline report. Storyline
26.03 / 21:13
26.03 / 15:54
security
country
German train drivers' union and railway operator reach a deal in their long dispute
A union representing many of Germany's train drivers says it and the country's main railway operator have reached a deal in a long dispute over working hours and pay that was marked by a string of strikes
26.03 / 15:53
markets
FIVE
security
economy
stage
cover
Features
Option
Deal to end German rail strikes features a 35-hour work week with an option to work longer
Train drivers and some crew for Germany’s main railway operator will see their working week reduced from 38 hours to 35 by 2029 without having their pay cut, but they will have an option to work longer for more money
26.03 / 12:35
Provident
WhatsApp
Audi
performer
exclusive
innovations
Audi bids adieu to R8 Supercar after 17 years; may be for its electric rebirth
Audi has officially ceased production of its renowned R8 supercar, marking the end of a 17-year era. The final R8, a high-performance variant, rolled off the assembly line at Audi's Bollinger Hofe plant in Germany and will be preserved at the company's museum in Ingolstadt. The final R8, a high-performance Performance Quattro Edition variant, has a naturally aspirated 5.2-liter V10 engine producing 612 bhp. It was initially powered exclusively by a 4.2-liter V-8, but a few years later Audi dropped the Gallardo's 5.2-liter V-10 into the R8.
26.03 / 12:21
UPS
Citi
Patrick
wellness
Trade
2020
Deutsche Bank rates traders live in fear of their great leader leaving
Hopefully, Deutsche Bank paid Alok Modi well last year. Following the disappearance of various members of the European rates trading team, people at the German bank in London are gripped with apprehension that Modi might go too.
26.03 / 09:33
UPS
Waters
Remark
President
track
European shares tread water as investors assess Fed rate path
(Reuters) — European shares opened marginally lower on Tuesday, pulled down by miners and as investors gauged mixed messages from U.S. Federal Reserve policymakers that clouded the outlook for easing monetary policy conditions.
26.03 / 07:23
markets
Reuters
Progressive
security
economy
Cycling
show
German consumer sentiment stays on slow recovery path, finds GfK
BERLIN (Reuters) — German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer households seeing the need to save even as uncertainty about Germany's economic development still abounds, a survey showed on Tuesday.
25.03 / 19:23
25.03 / 15:23
markets
UPS
economy
Experts
CIBC
show
country
Posthaste: Why Canada may need deeper interest rate cuts than other major economies
There was a sense the tide had turned when Swiss National Bank surprised markets and cut its interest rate on Thursday — the first of the central banks in the developed world to do so.
25.03 / 12:09
markets
Platform
Airlines
Apple
Tesla
Masimo
reports
Apple, Intel, Tesla and United Airlines fall premarket; Walt Disney rises
Investing.com — U.S. futures slipped lower Monday, consolidating at the start of a holiday-shortened week ahead of the release of key inflation data and several Fed speakers.
25.03 / 09:17
COST
UPS
economy
Sustainability
community
Ahmedabad Municipal Corporation to set up waste-to-steam plant at Pirana dumping site
Ahmedabad Municipal Corporation (AMC) has announced the establishment of a 300-tonne-per-day solid waste to steam plant in Ahmedabad, operating under the Public-Private Partnership (PPP) model. The plant, to be constructed by Surat-based Steamhouse India on a 5-acre plot at the Pirana Waste dumping site, is set to significantly reduce environmental pollution by decreasing reliance on fossil fuels. Ahmedabad, the seventh largest metropolis in India, produces approximately 4,000 metric tonnes of solid waste daily. The shift towards sustainable waste management is crucial due to the adverse effects of organic waste decomposition in landfills, which release harmful greenhouse gases contributing to climate change, and the health hazards posed by toxic substances from various waste types to nearby communities, a spokesperson from the Ahmedabad Municipal Corporation explained. Utilizing waste to steam (WTS) technology, the project aims to establish a circular economy by utilizing Refuse Derived Fuel (RDF). This German technology, making its debut in India, offers numerous benefits, including reduced environmental impact, low operational costs, and efficient resource utilization. Additionally, the project is anticipated to provide a more cost-effective solution for steam generation, with capital expenditure projected to be 70 percent lower compared to conventional waste to energy plants, according to the AMC.
24.03 / 17:11
Sustainability
Research
Freedom
country
social
reports
Editorial
Mint Primer | Happiness report: Why it has raised eyebrows in India
The World Happiness Report 2024, a partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and WHR’s Editorial Board, is out. Mint evaluates its metrics to explain why it may not be the final word on happiness. India is ranked 126 out of 143 nations surveyed.
23.03 / 15:21
23.03 / 10:33
Remark
Election
country
information
Videos
International
India protests Germany's remark on Arvind Kejriwal's arrest: 'Most unwarranted'
Arvind Kejriwal’s arrest. The Ministry of External Affairs informed on Saturday, "The German Deputy Chief of Mission in New Delhi was summoned today and conveyed India’s strong protest on their Foreign Office Spokesperson’s comments on our internal affairs." Follow LIVE updates on Arvind Kejriwal Arrest News here “We see such remarks as interfering in our judicial process and undermining the independence of our judiciary. India is a vibrant and robust democracy with rule of law," the ministry said in a press release on Saturday.
23.03 / 08:45
Parke
Boxing
show
Inside
Investigations
Sporting
'Truth has prevailed, welcome to Tihar jail', says conman Sukesh Chandrasekhar in a fresh jibe at Arvind Kejriwal
Arvind Kejriwal, alleged conman Sukesh Chandrasekhar said the Delhi Chief Minister's arrest shows that "truth has prevailed". Asked about Kejriwal's arrest by the Enforcement Directorate in the excise policy-linked money laundering case, Chandrashekar told the media, "Truth has prevailed, I welcome him to the Tihar jail," says conman Sukesh Chandrasekhar when asked about Delhi CM Arvind Kejriwal's arrest by ED in the policy-linked money laundering case." Chandrashekhar had in a letter to Bharat Rashtra Samithi (BRS) leader K Kavitha, asked her to “come clean" in the Delhi excise policy case and not shield Kejriwal. The letter came on March 19, a day after the ED alleged that Kavitha paid ₹100 crore to top Aam Aadmi Party (AAP) leaders to get benefits of the new Delhi excise policy.
23.03 / 04:37
markets
Volkswagen
Strategy
Align
performer
innovations
polo
Volkswagen Polo could return to India. But there's a catch…
Volkswagen Brand Director, Ashish Gupta, hinted at the potential revival of the iconic Polo. While confirming that there are presently no immediate plans for its relaunch, Gupta acknowledged the possibility for its return in the future, but with a transformative twist. According to Gupta, the revival of the Polo could manifest in innovative formats such as an SUV or an electric vehicle (EV).
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