Germany Financial News
12.01 / 11:13
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Global trade falls amid Houthi attacks on merchant ships in Red Sea
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12.01 / 10:19
Provident
Platform
Align
stage
information
guidelines
rights
Council of Europe Adopts Groundbreaking AI Guidelines for Journalism
The Council of Europe, on December 29, adopted a set of guidelines aimed at the responsible implementation of artificial intelligence (AI) systems in journalistic practices. This move marks a significant step in ensuring that the evolving field of AI in journalism aligns with the principles of human rights, democracy, and the rule of law.
12.01 / 08:24
markets
UPS
Manufacturing
economy
Trade
show
European stocks rise after UK economy grows; Burberry issues profit warning
Investing.com — European stock markets climbed higher Friday, boosted by U.K. economic growth as investors await more U.S. inflation data and big bank earnings.
12.01 / 04:03
bitcoin etfs
crypto ETFs
South Korea Regulator Holds Firm Stance Against Crypto ETFs Approval
While the US has finally approved a decade-long wait for Bitcoin exchange-traded funds (ETFs), South Korea still stands firm in banning BTC ETFs.
12.01 / 03:59
UPS
FIVE
Mobile
track
country
travelers
Destinations
Henley Passport Index: Upward mobility
This year’s scores on the Henley Passport Index, which tracks how easily people can travel abroad, are out. For the past five years, Singapore and Japan have been contenders for the honour of issuing the most powerful passports, granting their holders access to more of the world’s countries without a prior visa than others.
12.01 / 03:37
COST
Reuters
economy
Trade
show
reports
2024
China's Dec trade, CPI paint mixed economic picture at start of 2024
BEIJING (Reuters) — China's exports grew 2.3% in December from a year earlier, customs data showed on Friday, adding to signs global trade is slowly turning a corner with the prospect of lower borrowing costs on the horizon, but deflationary pressures still loom.
11.01 / 20:51
Provident
security
Software
Justice
electronic
Department
Courts
German software giant SAP fined more than $220M to resolve US bribery allegations
German software giant SAP will pay more than $220 million in fines to resolve U.S. bribery allegations involving payments to foreign government officials
11.01 / 15:03
People moves
Artemis
Financial
Artemis' Peter Saacke to retire from financial services to retrain as a maths teacher
Peter Saacke (pictured) will step down from his managerial role at the end of June 2024, at which point Raheel Altaf will take over as lead manager of the fund.
11.01 / 08:07
Provident
Citizens
security
Align
country
travelers
Destinations
Indians can now visit 62 countries visa-free; Check the full list to know more
Henley Passport Index, released on Tuesday, India's passport has ascended to the 80th position worldwide. This elevated ranking now affords Indian citizens the privilege of unhindered exploration across 62 countries, alleviating the burden of intricate visa application procedures. The assessment of this ranking aligns with visa regulations effective as of January 11, as sourced from data provided by the International Air Transport Association (IATA). A cornerstone in displaying, organizing, and ranking global passports, the Henley Passport Index, reveals six countries — France, Germany, Italy, Japan, Singapore, and Spain — jointly holding the prestigious title of the world's most potent visa. Citizens from these nations enjoy the unprecedented freedom to traverse over 194 countries without dealing with pesky visa requirements. On the flip side, Afghanistan sits at the bottom rung of the list, granting its passport holders access to a mere 28 countries without a visa. Syria closely follows with visa-free entry to 29 destinations, trailed by Iraq with 31, and Pakistan with 34. Indian passport bearers can now revel in the liberty of visiting 62 countries, including Oman and Qatar, without the encumbrance of a visa. These destinations extend either visa-free entry or the convenience of visa-on-arrival for Indian travelers, as elucidated by the Henley Passport Index 2024. Here is the full list of destinations Indians can visit without getting a visa before travel:
11.01 / 05:53
Provident
Platform
Software
Experts
Bottomline
show
reports
HCLTech Q3 Preview: Revenue to grow better than peers; company may retain FY24 guidance
The company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 crore, and net profit is expected to increase by nearly 7% to Rs 4,085 crore, according to the average of estimates given by 11 brokerage firms. On a year-on-year (YoY) basis, the topline is expected to rise 4.7%, while the bottomline may drop a marginal 0.3%. In constant currency terms, analysts expect HCLTech’s revenue to grow 4.6% sequentially in the quarter gone by. The country’s third largest software service provider is scheduled to release its earnings on Friday, 12th January. The growth in the topline is likely to be led by the products and platform segment, with Nuvama Institutional Equities pegging a 20% sequential growth for this segment. The services vertical is expected to report a 2.5% sequential growth, driven by the Verizon deal and integration of the recently acquired German automotive engineering solutions provider ASAP Holding.
11.01 / 05:41
financial conduct authority
Spot Crypto ETFs
approved
US Spot Bitcoin ETF Approved, UK Unlikely to Follow Suit
It’s a historic moment for the cryptocurrency market as the US Securities and Exchange Commission (SEC) finally approved eleven spot Bitcoin ETFs . Crypto enthusiasts around the world are looking on excitedly. Unfortunately, a similar product for UK investors is highly unlikely to be approved, according to one financial advisor.
11.01 / 04:41
UPS
FIVE
Citizens
country
travelers
Destinations
2024
India ranks at THIS position in world's most powerful passport 2024 list
most powerful passport list for 2024, with citizens allowed to travel to 62 countries without a visa. The country shares its rank with Uzbekistan, while the neighboring nation Pakistan is positioned at 101 spot. Singapore and Japan have boasted the world’s most powerful travel documents for the last five years, granting their citizens access to more countries without a prior visa than anyone else.
11.01 / 04:41
security
Election
wellness
Trade
country
voice
rights
Who is in charge of Europe?
eastward enlargement, once dormant policy areas, are now priorities—giving a new voice to Ukraine’s neighbours in central Europe. The rise of China, and the prospect of resurgent Trumpism in America, has caused the EU to rethink its economic arrangements—often along statist French lines. Climate imperatives have reinforced the value of taking action at collective level—an approach favoured by the EU’s quasi-federal institutions in Brussels.
11.01 / 03:27
UPS
Citizens
country
travelers
International
Destinations
Six countries tie for the world's most powerful passport; India jumps 3 spots
Passport Index, offering their citizens visa-free access to a record-breaking number of destinations. According to data from the International Air Transport Association (IATA), France, Germany, Italy, Spain, Japan, and Singapore now boast the most powerful passports globally, enabling their citizens to visit an impressive 194 destinations out of 227 worldwide without the need for a visa. Are you immigration ready? Find out Four EU member states—France, Germany, Italy, and Spain—have now joined them at the top. Dr. Christian H. Kaelin, Chairman of Henley & Partners and the originator of the passport index concept, highlighted the widening global mobility gap. «The average number of destinations travelers can access visa-free has almost doubled from 58 in 2006 to 111 in 2024. However, the top-ranked countries now have a staggering 166 more visa-free destinations than Afghanistan, which ranks at the bottom with access to just 28 countries without a visa,» he said. South Korea takes the second spot alongside Finland and Sweden, enjoying visa-free access to 193 destinations. In the third spot, four EU nations—Austria, Denmark, Ireland, and the Netherlands—share access to 192 destinations.
11.01 / 02:33
markets
economy
Trade
President
show
consequences
US CPI
Yen lags while dollar waits on US CPI
The yen fell 0.9% on the dollar overnight and 1.2% on the euro after data showed workers' real wages shrank for a 20th straight month in November — confounding officials wishes to see wage gains before tightening policy. The yen was under gentle pressure at 145.55 per dollar in morning trade and hit a six-week low of 159.99 per euro. The euro bought $1.0974 and other majors were steady on the dollar with all eyes on the U.S.
11.01 / 02:11
Freedom
country
Equality
Telangana: CM Revanth Reddy hosts representatives of 13 countries for dinner
Revanth Reddy hosted representatives of 13 countries for dinner at Qutub Shahi Tombs in Hyderabad on Wednesday evening. «Representatives of America, Iran, Turkey, UAE, UK, Japan, Thailand, Germany, Sri Lanka, Bangladesh, Australia, France and Finland attended the event,» read a press note issued by the Chief Minister's Office (CMO).
10.01 / 19:59
security
Software
wellness
Justice
country
Department
Investigations
SAP to pay $222 million to settle US bribery charges
(Reuters) -SAP, the German software company, agreed to pay about $222 million to resolve two investigations into bribery schemes in seven countries, U.S. authorities said on Wednesday.
10.01 / 19:03
Citi
country
travelers
prevention
Courts
Traffic
3-day union strike brings train traffic to a near standstill across Germany
A union representing many of Germany’s train drivers has started a nearly three-day strike in a rancorous dispute with the country’s state-owned main railway operator over working hours and pay
10.01 / 16:37
10.01 / 16:00
markets
Digital
Racing
economy
Tesla
Audi
Features
BMW converts century-old Munich plant to EVs only to challenge Tesla, BYD
BMW AG is spending €650 million ($712 million) to retool its parent factory in Munich into the company’s first site that will only make fully electric vehicles, part of a push to challenge leaders Tesla Inc. and BYD Co. The overhaul involves four buildings including a new assembly line and will be completed by the end of 2027, BMW said Wednesday.
10.01 / 14:19
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