Financial Insights That Matter OpenAI, the creator of the chatbot ChatGPT, is planning to expand its operations to Germany, as part of its expansion plan in Europe. The new office is set to open in the coming months in southern Germany. The move was announced by government agency Germany Trade & Invest. Germany Trade & […]
Environment Health and Safety Market to Generate US$ 15.9 Billion Revenue by 2032 #NewsGerman
Financial Insights That Matter AstuteAnalytica India Pvt. Ltd. Growing public awareness and concern regarding environmental issues in recent years have spurred the creation of environmental protection laws, which are expected to facilitate market growth. New Delhi, Feb. 06, 2025 (GLOBE NEWSWIRE) — As detailed in the latest research from Astute Analytica, the global environment health […]
Germany’s Habeck touts investment fund of €40 billion initially #NewsGerman
Financial Insights That Matter Robert Habeck, German Minister for Economic Affairs and Climate Protection and the Greens’ lead candidate for the Bundestag elections, makes a statement before the start of the first meeting of the extended parliamentary group of Alliance 90/The Greens in the German Bundestag. Bernd von Jutrczenka/dpa Robert Habeck, the Greens’ top candidate […]
OpenAI plans to open an office in Germany #NewsGerman
Financial Insights That Matter OpenAI is expanding its footprint to Germany. According to a press release issued Friday, the ChatGPT maker plans to open an office in Munich in the coming months. “Germany is renowned for its technical expertise, academic excellence, and industrial innovation,” OpenAI CEO Sam Altman said in a statement. “Opening our first […]
Germany’s Economy Contracts for Second Straight Year as Tariff Threat Looms #NewsGerman
Financial Insights That Matter Germany’s struggling economy poses a big challenge for the next government in Berlin. – MICHELE TANTUSSI/REUTERS Germany’s economy contracted for a second year in a row in 2024, underlining the scale of the challenge that will face a new government after elections due in February, including the possibility of fresh tariffs […]
Germany’s Distress Levels to Rise as Pain Subsides in Europe #NewsGerman
Financial Insights That Matter (Bloomberg) — Germany is becoming an outlier for corporate distress in Europe as its export-driven economy battles against faltering global demand and persistent price pressures. Most Read from Bloomberg The continent’s biggest economy is set to be ranked as its most distressed market for a second year running, according to forecasts […]
Germany in deep economic crisis, BDI industrial lobby group says #NewsGerman
Financial Insights That Matter By Maria Martinez BERLIN (Reuters) -The German economy is in deep crisis, with gross domestic product likely to contract 0.1% this year, the BDI industry association said on Tuesday, putting it on track for three years of declining growth for the first time since reunification. At the same time, the euro […]
Intel to invest $4.6 bln in new chip plant in Poland #NewsGerman
Financial Insights That Matter By karol badohal and supanha mukherjee WROCLAW, Poland/STOCKHOLM, June 16 (Reuters) – Intel said on Friday it will invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as part of a multi-billion-dollar investment drive across Europe to build chip capacity. The U.S. chipmaker last […]
Amazon to roll out ads on Prime Video in 2024 #NewsGerman
Financial Insights That Matter (Reuters) -Amazon Prime Video will next year join streaming rivals in rolling out ads and introducing a higher-priced ad-free tier, as the industry grapples with a slowdown in subscriber growth since the pandemic. The U.S. tech giant said on Friday ads will be introduced in the U.S., the UK, Germany and […]
Electric Car Sales Plummet 37% in Germany as Slump Deepens #NewsGerman
Financial Insights That Matter (Bloomberg) — Germany’s electric-vehicle sales slumped in July, extending a broad pullback since incentives ended late last year and undermining automakers’ plans in the EV shift. Most Read from Bloomberg Registrations of battery-powered cars fell 37% in Europe’s biggest auto market to 30,762 vehicles compared to a year ago, Germany’s federal […]