Financial Insights That Matter Christian Sewing (R), Chairman of the Management Board of Deutsche Bank, and James von Moltke, Chief Financial Officer, stand together at Deutsche Bank’s headquarters at the start of the annual press conference. Compensation for former Postbank shareholders caused a further drop in profits for Deutsche Bank last year. Arne Dedert/dpa Germany’s […]
Germany’s Commerzbank profit jumps 20% in 2024 as it fends off UniCredit #NewsGerman
Financial Insights That Matter By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Germany’s Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy’s UniCredit. Net profit rose to 2.68 billion euros ($2.78 […]
Aurora Cannabis Launches First Domestically Grown Medical Cannabis Brand in Germany Under New Cultivation License #NewsGerman
Financial Insights That Matter NASDAQ | TSX: ACB Investment in the region continues with the launch of IndiMed, the company’s first locally grown brand in Germany Edmonton, AB, Jan. 23, 2025 /PRNewswire/ – Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian-based leading global medical cannabis company, announces today the launch of the company’s first […]
Key witness is Germany’s ‘cum-ex’ tax fraud scandal goes on trial #NewsGerman
Financial Insights That Matter The accused lawyer Kai-Uwe Steck (L) sits next to his lawyer Gerhard Strate in the courtroom. A criminal trial against one of the key figures in Germany’s biggest tax scandal, the illegal cum-ex share transactions, has begun at the Bonn Regional Court. Thomas Banneyer/dpa A criminal trial against one of the […]
Li-Cycle Partners with High-Performance, Luxury Electric Vehicle (EV) Manufacturer for Exclusive Recycling Agreement in Germany #NewsGerman
Financial Insights That Matter Agreement focuses on the supply of lithium-ion battery manufacturing scrap to Li-Cycle’s Germany Spoke TORONTO, January 30, 2025–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to partner with a major auto original equipment manufacturer (“OEM”) to recycle lithium-ion battery […]
Wirecard Is a Humiliation for Germany #NewsGerman
Financial Insights That Matter (Bloomberg Opinion) — The scandal at Wirecard AG hasn’t just exposed a multi-billion dollar hole in the accounts of one of Germany’s most hyped fintech companies. It has also revealed a void at the heart of the country’s regulatory regime. Angela Merkel’s government needs to ask itself some tough questions about […]
Germany’s Uniper Stake Draws Interest From UAE’s Taqa, Sources Say #NewsGerman
Financial Insights That Matter (Bloomberg) — The German government’s stake in power company Uniper SE is attracting early interest from companies including Abu Dhabi’s Taqa, according to people familiar with the matter. Most Read from Bloomberg Taqa is among potential suitors evaluating Uniper as Germany looks at ways to exit its holding, the people said, […]
A Celebration of Quality Fueled by Community #NewsGerman
Financial Insights That Matter Actor Christopher Kouros (“Bridget Jones’s Diary”) stars in e.l.f. Beauty’s “e.l.f. von zehn” campaign Elf Beauty Launches “Elf of Ten Ten” in Germany Elf Beauty Launches “Elf of Ten Ten” in Germany Elf Beauty Launches “Elf of Ten Ten” in Germany Elf Beauty Launches “Elf of Ten Ten” in Germany e.l.f. […]
Germany stuck in ‘deep economic crisis’ as major industry lobby predicts longest downturn since 1990 reunification #NewsGerman
Financial Insights That Matter Germany is stuck in a deep economic crisis amid a structural break that the country’s leading industry lobby predicts will lead to the most protracted downturn since reunification nearly 35 years ago. The Federation of German Industries (BDI) forecasts the German economy to contract by 0.1% in 2025. That would follow […]
Here is What to Know Beyond Why NIKE, Inc. (NKE) is a Trending Stock #NewsGerman
Financial Insights That Matter Nike (NKE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock’s performance in the near term. Shares of this athletic apparel maker have returned -7.6% over the past month versus the Zacks S&P […]