Financial Insights That Matter During her visit to Damascus, Foreign Minister Annalena Baerbock outlined clear conditions for European support of Syria’s new leadership and emphasized that Germany and the European Union are committed to fostering a peaceful and free future for Syria. However, speaking at the conclusion of a joint trip with French Foreign Minister […]
NFL to play games in Munich #NewsGerman
Financial Insights That Matter The National Football League is expanding its international presence. The league announced Wednesday it will begin playing games in Munich, Germany, beginning in 2022. “We are very pleased to welcome Munich and Frankfurt to the NFL family and are excited to reward our fans in Germany for their passion by bringing […]
The German Economic Miracle Post WWII #NewsGerman
Financial Insights That Matter Germany’s ascent to becoming a global economic power—known as the “German economic miracle” or Wirtschaftswunder—had its origins at the end of World War II, when much of the country was in ruins. Allied Forces had attacked or bombed large parts of its infrastructure, with the city of Dresden completely destroyed and […]
Germany to Boost Climate, Chips Fund to More Than €200 Billion #NewsGerman
Financial Insights That Matter (Bloomberg) — Germany will top up a pot to fund climate-protection measures and investment in semiconductor production by about €20 billion ($22 billion) to more than €200 billion, according to people familiar with the plan. Most Read from Bloomberg Chancellor Olaf Scholz and his cabinet will approve the additional cash on […]
Black market website operator arrested in Germany #NewsGerman
Financial Insights That Matter BERLIN (AP) — German police say they’ve arrested a 21-year-old man on a European warrant on allegations he ran a website used to facilitate illegal drug and weapons sales and other criminal activity. Federal police said Thursday the man was arrested Tuesday in Bad Nauheim, near Frankfurt, on charges of computer […]
U.S. to lose $682 m in worker productivity today and here’s why #NewsGerman
Financial Insights That Matter When the U.S. takes the pitch against the dreaded Belgians today at 4:00 pm on the east coast, the country will come to a virtual halt. Last week during our confusing win/loss against Germany nearly 20 million Americans watched on ESPN, Univision or streaming. Based on the most recent jobs data […]
Deutsche Bank considers replacing CFO: report #NewsGerman
Financial Insights That Matter BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing is planning a major overhaul of top management, including replacing the finance chief, Bloomberg news agency reported on Tuesday. Citing an unnamed person close to the matter, Bloomberg said Sewing could remove James von Moltke as CFO. Separately, Germany business monthly Manager […]
Cum-Ex German Tax Fraud Case Puts Finance Industry on Trial #NewsGerman
Financial Insights That Matter Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Germany’s most convoluted tax case in recent memory gets a human face this week when two former investment bankers make their debut in court. But more than the duo’s dealings, it’s the role of […]
TeamViewer IPO Gives Germany Its First Tech Champion in Decades #NewsGerman
Financial Insights That Matter (Bloomberg) — Germany will finally get another major listed tech company when software maker TeamViewer AG completes a 2.3 billion-euro ($2.5 billion) initial public offering this month — the biggest in the industry in almost two decades. While Germany has several established tech companies, including software giant SAP SE, there have […]
Germany warns of 5G attacks by ‘nation states’ in veiled criticism of Beijing and Huawei #NewsGerman
Financial Insights That Matter Germany, in what European diplomats on Thursday called veiled criticism of Beijing and Chinese telecoms giant Huawei Technologies, warned of cybersecurity attacks that could be launched by “nation states or nation state-backed actors” on future 5G networks within the European Union. The German government made those comments in a national risk […]