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German carmaker VW expects more competition in Chinese market #NewsGerman
Financial Insights That Matter Ralf Brandstaetter, Volkswagen Board Member responsible for China, speaks at a presentation ahead of the motor show in Shanghai. Johannes Neudecker/dpa German carmaker Volkswagen expects competition to intensify with the increasing presence of large tech companies in the Chinese car market. “That doesn’t make life any easier for us,” Volkswagen board […]
Danone to drop Provamel in Germany #NewsGerman
Financial Insights That Matter Danone is to stop selling its organic alt-milk brand Provamel in Germany. The French group is pulling the brand from shelves in the country from August. In a brief statement, Danone said it was preparing to launch a range of organic plant-based products under the Alpro brand in Germany. “We have […]
Germany likely to ask for EU leeway on defence spending, finance minister says #NewsGerman
Financial Insights That Matter By Maria Martinez BERLIN (Reuters) – Germany is likely to ask the European Commission for an exemption from European Union borrowing limits to increase defence spending in coming years without breaking EU rules, German Finance Minister Joerg Kukies told Reuters on Friday. “It looks likely that we may do that, but […]
Germany’s Merck says in late-stage discussions to buy SpringWorks for $3.5 billion #NewsGerman
Financial Insights That Matter By sriparna roy (Reuters) – Germany’s Merck KGaA said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics for about $3.5 billion, a deal that could give it access to a recently approved rare disease drug and expand its portfolio of experimental cancer treatments. Merck said that the […]
Trane Technologies Named to Financial Times Europe’s Climate Leaders List for 5th Consecutive Year #NewsGerman
Financial Insights That Matter SWORDS, IE / ACCESS Newswire / April 24, 2025 / Trane Technologies (NYSE:TT), a global climate innovator, has been featured on the Financial Times’ list of Europe’s Climate Leaders for the fifth consecutive year. Compiled in collaboration with market research company Statista, this list highlights European businesses that have achieved the […]
German finance minister says it is urgent to reduce tariffs uncertainty #NewsGerman
Financial Insights That Matter WASHINGTON (Reuters) -Reducing uncertainty is urgent for economies and businesses, German Finance Minister Joerg Kukies said on Wednesday, talking about negotiations on trade tariffs with the United States. “The longer we wait for an agreement, the longer we let the uncertainty (in) both of our economies linger,” he said at the […]
Construction lifts German sentiment to 9-month highs but trade clouds loom #NewsGerman
Financial Insights That Matter Germany’s corporate morale edged higher for the fourth straight month in April, reaching its highest point since last summer, yet business leaders remain wary of storm clouds gathering over global trade and geopolitical risks. The Ifo Business Climate Index, a key barometer of sentiment among German firms, edged up to 86.9 […]
Germany sees the economy stagnating in 2025 as Trump’s trade policy weighs on it #NewsGerman
Financial Insights That Matter BERLIN (AP) — The German government forecast Thursday that the country’s economy, Europe’s biggest, will stagnate this year as U.S. President Donald Trump’s tariffs and trade threats weigh on its performance following months of political uncertainty. Outgoing Economy Minister Robert Habeck said the government cut its 2025 outlook to zero from […]
XADAGO/EQUFINA Set to Revolutionize Parkinson’s Disease Treatment Landscape #NewsGerman
Financial Insights That Matter As a selective monoamine oxidase B (MAO-B) inhibitor, XADAGO offers a unique mechanism of action that complements traditional therapies, potentially improving motor function and reducing “off” time in patients. The increasing prevalence of Parkinson’s disease and the growing demand for effective therapies create a substantial market opportunity for XADAGO, particularly in […]