Financial Insights That Matter By Yadarisa Shabong (Reuters) – The pound weakened against the euro on Wednesday as traders piled into the common currency after Germany’s plan for a massive infrastructure fund and an easing of debt rules to boost spending, though the British currency did gain on the dollar. The euro was last up […]
Financial Insights That Matter BALVERSA (erdafitinib) has strong market potential in the FGFR-altered urothelial carcinoma space, particularly as a targeted therapy for patients with FGFR2/3 mutations. With the growing emphasis on precision oncology, its uptake is expected to increase, especially if expanded to earlier treatment lines or additional FGFR-driven tumors. New York, USA, March 04, […]
Financial Insights That Matter (Bloomberg) — Germany will unlock hundreds of billions of euros for defense and infrastructure investments in a dramatic shift that upends its ironclad controls on government borrowing. Most Read from Bloomberg Chancellor-in-waiting Friedrich Merz said on Tuesday night that Germany would amend the constitution to exempt defense and security outlays from […]
Financial Insights That Matter By Andreas Rinke and Christian Kraemer BERLIN (Reuters) -The prospect of a military spending boom by Germany unprecedented since the Cold War sent Europe’s defence stocks soaring after Reuters reported the likely next government was mulling a fiscal sea change for Europe’s biggest economy. Germany’s likely next chancellor, Friedrich Merz, did […]
Financial Insights That Matter The German stock market’s indices Dax, MDax, SDax, TecDax and Gex are listed on a display board in the trading hall of the Frankfurt Stock Exchange. Arne Dedert/dpa Germany’s leading stock market index, the DAX, has climbed above 23,000 points for the first time. The Frankfurt-based index hit a record high […]
Financial Insights That Matter The United States was Germany’s biggest single trading partner last year for the first time since 2015, displacing China from the top spot as exports to the Asian power declined, official figures have revealed. Trade between the US and Germany, Europe’s largest economy, ticked up 0.1% compared with €252.8bn in 2023, […]
Financial Insights That Matter Wayve: Nvidia, Uber and Softbank backed EV startup set for global expansion British artificial intelligence (AI) startup Wayve, which develops autonomous vehicle systems, has announced plans to accelerate its international expansion by launching a new hub in Stuttgart, Germany. Backed by tech giants Uber and Softbank, the self-driving firm is testing its […]
Financial Insights That Matter BERLIN (Reuters) – Europe is prepared to act in response to possible restrictions to trade, German Economy Minister Robert Habeck said on Monday, after holding discussions with industry lobbies and the EU’s top trade representative about the threat of tariffs from the U.S. “Europe must and can only react unitedly and […]
Financial Insights That Matter A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa German consumer prices were 2.3% higher in February than in the same period last year, the Federal Statistical Office announced on Friday, based on preliminary inflation data. This means that the year-on-year increase in prices […]
Financial Insights That Matter (Bloomberg) — Germany’s conservatives are heading for defeat in Sunday’s Hamburg regional vote just one week after leader Friedrich Merz’s victory over Chancellor Olaf Scholz’s Social Democrats in the national election. Most Read from Bloomberg Scholz’s center-left SPD party has ruled the northern port city for most of the 80 years […]