Financial Insights That Matter (Bloomberg) — UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around Germany’s position that it was unaware the move would be coming. Most Read from Bloomberg Officials from UniCredit flagged […]
BP Europa seeks new owner for German refinery #NewsGerman
Financial Insights That Matter BP Europa is seeking potential buyers for the BP Gelsenkirchen refining site in Germany and related refinery assets. The marketing process, which will start immediately, includes the BP refinery in Gelsenkirchen and DHC Solvent Chemie in Mülheim an der Ruhr. BP intends to finalise sales agreements later this year, with completion […]
A German diaspora in North Carolina is booming thanks to a multibillion-dollar investment from Germany, but a potential Trump Presidency is causing anxiety #NewsGerman
Financial Insights That Matter Across the Atlantic, residents in a little-known State are toasting Steins in German beer halls, enjoying bratwurst and schnitzel in Bavarian restaurants, and working for giants like Siemens. They have a surprising share of German immigrants to thank. North Carolina, an east coast state with a relatively attractive six-hour time difference […]
German exports and imports fell in 2024, despite December uptick #NewsGerman
Financial Insights That Matter Containers are stored and loaded at the Container Terminal Altenwerder (CTA) of Hamburger Hafen and Logistik AG (HHLA). German exports fell in 2024, despite an uptick in sales abroad during the final month of December, according to new figures released by Germany’s Federal Statistical Office on Friday. Christian Charisius/dpa German exports […]
Amazon says German customers won’t lose Amazon Prime as a result of court ruling #NewsGerman
Financial Insights That Matter FRANKFURT (Reuters) – Amazon’s video streaming services in Germany will continue as before, the U.S. technology giant said on Friday, despite a German court ruling that it was violating a patent owned by Finnish network equipment maker Nokia. The regional court in the western city of Duesseldorf said earlier on Friday […]
CEOs Warn Germany Needs Urgent Turnaround From Next Government #NewsGerman
Financial Insights That Matter (Bloomberg) — German corporate leaders urged the next government to move rapidly to unlock investment and get Europe’s largest economy growing again. Most Read from Bloomberg The heads of Commerzbank AG, RWE AG and Bilfinger SE pointed to structural issues such as high energy costs and red tape that will need […]
OpenAI launches data residency in Europe #NewsGerman
Financial Insights That Matter OpenAI on Thursday launched data residency in Europe, allowing European organizations to meet local data sovereignty requirements while using the AI company’s products. Data residency refers to the physical location of an organization’s data, as well as the local laws and policy requirements imposed on that data. Most tech giants and […]
Germany Construction Industry Report 2024: Output Estimated to Shrink by 4.4% in Real-terms in 2024 and a Further 0.5% in 2025, Marking 5 Years of Continuous Decline #NewsGerman
Financial Insights That Matter Company Logo Dublin, Feb. 05, 2025 (GLOBE NEWSWIRE) — The “Germany Construction Market Size, Trends, and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)” report has been added to ResearchAndMarkets.com’s offering. The German construction industry is expected to shrink by […]
Factbox-What Germany’s election means for Bitcoin and the super rich #NewsGerman
Financial Insights That Matter By Tom Sims FRANKFURT (Reuters) – Germany elects a new parliament on February 23, with potential ramifications for the financial industry of Europe’s largest economy. Below is an outline of how those parties faring best in the polls are planning to shape finance, based on hundreds of pages of platform documents. […]
Top 20 Most Valuable German Companies #NewsGerman
Financial Insights That Matter In this article, we will be looking at the top 20 most valuable German companies. If you want to skip our analysis of the German market, you can skip ahead to the Top 5 Most Valuable German Companies. Germany’s economy thrives due to the country’s geographical significance in Europe for trade […]