Financial Insights That Matter The Apple logo is pictured on the Manhattan headquarters. Michael Kappeler/dpa Germany’s Federal Court of Justice (BGH) is set to rule on whether Apple holds outstanding significance across markets on Tuesday, a classification that could subject the company to stricter competition control. The US company is contesting a decision by Germany’s […]
Financial Insights That Matter By Giulio Piovaccari MILAN (Reuters) – Chinese electric vehicle giant BYD (BYDDY) is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region’s biggest economy and car market opposed EU tariffs on China-made EVs last year. BYD stock rose 6% […]
Financial Insights That Matter Conservative leader Friedrich Merz said the next German government would have to cut costs despite his proposed €500 billion ($545 million) debt-backed financial package. “We will have to cut costs on the federal level, on state level and in local communities,” Merz, the likely next chancellor, told German public broadcaster ARD. […]
Financial Insights That Matter The logo of online retailer Zalando is pictured on the Zalando Campus at Mercedes-Platz in Berlin. Jens Kalaene/ZB/dpa Online fashion retailer Zalando reported higher full-year profits on Thursday, adding that it expects earnings to grow in the current year. The company’s bottom line came in at €251.1 million ($271.7 million), compared […]
Financial Insights That Matter (Reuters) – The supervisory board of ProSiebenSat.1 will meet later on Sunday to discuss a potential deal that could hand U.S. private equity firm General Atlantic a minority stake in the German broadcaster, two sources close to the matter told Reuters. General Atlantic is a co-investor in ProSieben’s internet units – […]
Financial Insights That Matter Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman […]
Financial Insights That Matter Investing.com — Germany’s proposed fiscal reforms mark a “historic and positive” shift in economic policy, according to Capital Economics analysts. The reforms, which include increased defense spending, a €500 billion infrastructure fund, and relaxed budget rules for federal states, are expected to loosen the fiscal straitjacket that has constrained German and […]
Financial Insights That Matter Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways Germany’s postal service has received more complaints about lost, delayed or damaged items than ever before. Deutsche Post received around […]
Financial Insights That Matter A woman counts coins from a red wallet. Consumer prices in Germany were 2.3% higher in February than in the same month of the previous year, mirroring January figures, the Federal Statistical Office, or Destatis, announced on Friday, confirming a preliminary estimate. Jan Woitas/dpa Consumer prices in Germany were 2.3% higher […]
Financial Insights That Matter Germany’s conservative leader Friedrich Merz, set to become the next chancellor, sealed a landmark deal on Friday with the Greens and Social Democrats to ease Germany’s strict borrowing limits, unlocking an unprecedented €500-billion spending spree that could redefine the country’s economic future. Markets have responded swiftly, sending the euro higher and […]