Financial Insights That Matter (Bloomberg) — Germany’s benchmark bond yields are within touching distance of hitting 3% for the first time in almost 18 months on expectations of a historic surge in borrowing. Most Read from Bloomberg The 10-year rate briefly surpassed a peak hit last week, climbing four basis points on Wednesday to 2.93%, […]
Financial Insights That Matter Friedrich Merz hopes to shake the country out of its economic slump – Axel Schmidt/Reuters Germany’s embattled manufacturing industry faces a fresh slump after new orders plunged by 7pc between December and January. Machinery orders dropped more than 10pc on the month, while “other transport equipment” – the category including planes, […]
Financial Insights That Matter (Bloomberg) — Billionaire investor Ray Dalio invoked 1930s Germany to illustrate his concerns about the global implications of the current trade war, while highlighting how countries that are neutral will fare well during such conflicts. Most Read from Bloomberg Dalio was speaking at a CNBC conference in Singapore on Wednesday, when […]
Financial Insights That Matter The German government could take on just under €2tn in debt over the next decade without running the risk of damaging growth, according to a Financial Times analysis of a Eurozone economists poll that supports likely-chancellor Friedrich Merz’s fiscal bazooka. An economists’ poll conducted last week estimated that Europe’s largest economy […]
Financial Insights That Matter -Telecommunications company Telefónica Germany renews Oracle support contract with Spinnaker for the next 3 years after initial 2-year contract period- -Telefónica Germany also announces it has moved its Broadcom-VMware support function to Spinnaker- DENVER, March 11, 2025–(BUSINESS WIRE)–Spinnaker Support (Spinnaker), trusted by companies worldwide to support their essential Oracle, SAP and […]
Financial Insights That Matter By alban kacher (Reuters) -TenneT, the largest grid operator in the Netherlands and Germany, on Tuesday invited parties interested in taking a stake in its German operations to come forward. The parties were asked to contact its financial advisers by March 25, the group said in a statement. TenneT is raising […]
Financial Insights That Matter Christian Democratic Union/SPD deal would allow Germany to finance 4 percent of gross domestic product in debt at any time. | John Macdougal/Getty Images “The can-do attitude shown tonight could lift sentiment and pull in private investment, even before fiscal policy gets going,” added J.P. Morgan economist Greg Fuzesi, who said […]
Financial Insights That Matter (Bloomberg) — Klaus-Michael Kühne, Germany’s richest person, stands to reap at least $9.3 billion in dividends after a period of profitable growth at his expanding transport empire. Most Read from Bloomberg The windfall stems from the 87-year-old tycoon’s 53% stake in Kuehne + Nagel International AG, the world’s largest air and […]
Financial Insights That Matter BERLIN (AP) — A one-day strike by workers at 13 German airports, including the Frankfurt and Munich hubs and all the country’s other main destinations, caused the cancelation of most flights on Monday. The 24-hour walkout, which started at midnight on Sunday, involves public-sector employees at the airports as well as […]
Financial Insights That Matter BERLIN (AP) — Germany’s Greens, whose support is needed for the prospective next government’s plans to loosen debt rules for defense spending and draw up a huge infrastructure investment fund, said Monday that they won’t support the package as things stand. Conservative leader Friedrich Merz, who won last month’s German election, […]