Germany Financial News

24.01 / 11:17

Reuters Manufacturing Compilation economy Commerzbank show Headlines Euro zone business activity contracts again in January

By Jonathan Cable

24.01 / 11:17

markets UPS Software show reports European shares rise on upbeat tech earnings, China central bank aid

By Shristi Achar A

24.01 / 10:47

markets COST economy President country shock German regulator urges banks to set aside bumper profits for bad news on the horizon

Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher interest rates feeds into the economy, according to the president of the country's regulator.

24.01 / 10:41

Provident Ball Action awards Suryakumar Yadav named ICC T20I Player of the Year for 2023

exceeding 150. He is currently recuperating from a groin surgery that he underwent in Germany earlier this month. He is expected to be back in action in the IPL for the Mumbai Indians in March.

24.01 / 09:47

markets Manufacturing economy Trade show country reports European stocks rise on generally upbeat earnings; PMI data due

Investing.com — European stock markets rose Wednesday, as investors digested a deluge of corporate earnings ahead of the release of the latest regional business activity data.

24.01 / 09:47

markets UPS economy Trade show track Dollar retreats from highs as risk appetite improves; euro edges up after PMIs

Investing.com — The U.S. dollar retreated from six-week highs in early European trade Wednesday amid rising risk appetite, while the euro struggled to push higher ahead of this week’s European Central Bank policy meeting.

24.01 / 07:13

economy IFO Courts Germany's Ifo institute trims 2024 GDP forecast again due to budget

(Corrects «next year» to «this year» in paragraph 2)

24.01 / 07:13

Waves Google Software Enterprise innovations International SAP to restructure 8,000 roles in push towards AI

(Reuters) -German software firm SAP SE (ETR:SAPG) unveiled on Tuesday a 2 billion euro ($2.2 billion) restructuring programme for 2024 that will affect 8,000 roles, as it seeks to better focus on growth in artificial intelligence (AI)-driven business areas.

24.01 / 05:43

markets Manufacturing Netflix Trade actress 2020 reports Marketmind: No luck for China stocks, or for Barbie

A look at the day ahead in European and global markets from Ankur Banerjee

24.01 / 04:57

markets UPS Waves Manufacturing Gap President country AI Computers to Drive Next Replacement Cycle in Indian PC Market, says Asus Executive

PCs, will fuel the next replacement cycle for the Indian PC market that has been falling since 2021, according to Taiwanese firm Asus that will launch an AI-powered consumer notebook in the country on Wednesday. “How we are looking at AI PCs is similar to how we looked at smartphones when they first arrived 10 years back,” Arnold Su, vice president, consumer and gaming PC, at Asus India, told ET. “They were different, new, and promised to make our lives easier.

24.01 / 04:45

markets COST Airlines Universities prevention Investigations The European Commission launches an in-depth look at competitive costs of the Lufthansa deal for ITA

The European Commission has announced an in-depth investigation of German airline Lufthansa’s planned takeover of Italian carrier ITA Airways citing competitive concerns

24.01 / 04:23

UPS security wellness President War country Connecting India with Europe: World’s most ambitious trade route stalls in Mideast turmoil

The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor (IMEC)— a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice.

24.01 / 01:37

Target Waters wellness Trade country reports Updates Houthi attacks in Red Sea raise economic concerns, global trade disrupted | Top 10 updates

Houthi militant attacks that followed the commencement of the Israel-Hamas conflict have not been stopped despite numerous rounds of retaliatory strikes by the US and its allies as well as a multinational naval operation to patrol the waters. Here are top 10 updates on Houthis-Red Sea attack 1) The United States has carried out airstrikes in Iraq targeting facilities used by "Iranian-backed militias" in the country following repeated attacks on US forces, Defence Secretary Lloyd Austin said in a statement on Tuesday (local time).

23.01 / 17:56

FIVE Man Election Nov President country Relationships Germany's parliament pays tribute to Wolfgang Schaeuble with Macron giving a speech at the memorial

Germany’s parliament has paid tribute to Wolfgang Schaeuble

23.01 / 17:56

UPS German train drivers' union calls a six-day strike starting Wednesday over pay, working hours

A union representing many of Germany’s train drivers has called another strike to press its demands for better pay and working hours in a bitter dispute with the country’s state-owned main railway operator

22.01 / 16:23

Citi wellness film love Features Relationships International 74th Berlin International Film Festival unveils its complete lineup: Know more

74th Berlin International Film Festival revealed its complete lineup at the official press conference in the House of the World Cultures in Berlin. Mariëtte Rissenbeek, Berlinale managing director, and Carlo Chatrian, the artistic director have presented the movies competing for the Golden and Silver Bears this year, both in the encounters and competition segments.

22.01 / 12:09

UPS Fighting week German train drivers union calls for further strikes this week

(Reuters) — Germany's GDL train drivers' union on Monday called for a fourth round of strikes this week, as it further escalated a wage dispute with Deutsche Bahn after rejecting a new tariff offer submitted by the rail operator on Friday.

22.01 / 11:35

markets Nikkei Trade performer country electronic Asian stocks Asian stocks rise with Nikkei in the lead amid AI hype; China lags

Investing.com-- Most Asian stocks rose on Monday, with Japanese shares leading gains as hype over AI drove investors into tech, while Chinese markets continued to decline amid persistent fears of a slowing economic recovery.

22.01 / 11:35

Provident Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

BERLIN (Reuters) — German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business.

22.01 / 09:21

markets Platform security Fraud DOJ International Crypto Firm USI Tech Founder Horst Jicha Arrested for Alleged $150 Million Fraud

Horst Jicha, the founder of crypto firm USI Tech, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme.

22.01 / 03:37

markets Provident Platform wellness Trade reports rights ESMA, RBI in talks to reach pact compliant with EU regulations

Markets Authority (ESMA) is currently deliberating with India's central bank on resolving disagreements over the treatment of the domestic bond trading platform, with the foreign regulator saying that it has not imposed penal charges on French and German banks for trading here.

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