Financial Insights That Matter By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -Munich Re is buying the 71% of Next Insurance that it doesn’t already own, strengthening its foothold in the United States and valuing the California-based company at $2.6 billion, a division of the German company said on Thursday. Ergo, the primary insurance business […]
Financial Insights That Matter The Audi headquarters in Ingolstadt, Germany, seen in March 2025. – Daniel L’b/picture-alliance/dpa/AP Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement Monday that it would slash […]
Financial Insights That Matter (Bloomberg) — Investor confidence in Germany’s economy soared by the most in more than two years as the country prepares for hundreds of billions of euros of infrastructure and military investments under its new government. Most Read from Bloomberg The ZEW institute’s expectations index rose to 51.6 in March from 26 […]
Financial Insights That Matter A sign in Frankfurt am Main points to the headquarters of the German Bundesbank, the central bank of Germany. Marius Becker/dpa Germany’s supply of cash remains secure, despite the removal of thousands of ATMs and the closure of bank branches, but the future looks less certain, the German central bank said […]
Financial Insights That Matter (Bloomberg) — Chancellor-in-waiting Friedrich Merz said Germany’s move to unlock billions of euros in military spending should be seen as a “first great step” toward the creation of a broad European defense community including non-EU nations like the UK and Norway. Most Read from Bloomberg The conservative leader made the remarks […]
Financial Insights That Matter (Bloomberg) — German lawmakers passed a landmark spending package, taking a major step toward unlocking hundreds of billions of euros in debt financing for defense and infrastructure and heralding the end of decades of budget austerity. Most Read from Bloomberg The controversial legislation — pushed by conservative Chancellor-in-waiting Friedrich Merz — […]
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, climbed to a record 23,476 points on Tuesday, boosted by the prospect of a multibillion-euro spending […]
Financial Insights That Matter (Bloomberg) — German lawmakers will vote on a bill Tuesday that would unlock hundreds of billions of euros in debt-financed defense and infrastructure spending and herald a pivot toward a substantially more expansive fiscal policy in Europe’s biggest economy. Most Read from Bloomberg Conservative Chancellor-in-waiting Friedrich Merz and the Social Democrats […]
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% […]