Financial Insights That Matter By Victoria Waldersee FRANKFURT (Reuters) -Nearly 900 Chinese auto suppliers and a handful of electric vehicle makers are taking part in a trade fair in Frankfurt as the country’s car sector defies looming trading barriers to expand its global presence and counter sinking profits at home. Chinese carmakers including BYD, Geely, […]
Financial Insights That Matter As global markets face volatility, with the S&P 500 experiencing its worst weekly drop in 18 months and European indices like Germany’s DAX declining by over 3%, investors are increasingly turning their attention to smaller, more resilient opportunities. Amid this backdrop, discovering undervalued small-cap stocks in Germany could offer a compelling […]
Financial Insights That Matter By Tom Sims FRANKFURT (Reuters) -Commerzbank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up. Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. These are some of the key moments: […]
Financial Insights That Matter Excavators stand side by side at the edge of a field. The chip company Intel is putting the construction of a factory in Magdeburg on hold. The project will probably be delayed by two years, announced company boss Gelsinger. Intel is struggling with losses and has initiated a cost-cutting program. Klaus-Dietmar […]
Financial Insights That Matter Germany and China are actively working to convince European Union members to oppose electric vehicle tariffs during a vote next week, senior EU sources say. Berlin has been phoning other capitals in a late bid to get them to oppose the duties during a vote planned for September 25. The development […]
Financial Insights That Matter The German economy is “stuck in stagnation” as months of bad news create seemingly endless negative sentiment that is compounding major structural issues, a top European bank has warned. ING’s head of global macro research painted a bleak picture of the struggling German economy after a major leading indicator of activity […]
Financial Insights That Matter A woman holds money in her hand over of a full shopping basket of groceries. Inflation in Germany fell in September to an annual rate of 1.6%, the second month in a row that inflation has been below the 2% threshold, according to preliminary figures released by Germany’s Federal Statistical Office […]
Financial Insights That Matter Managers at Tesla’s Grünheide factory in Germany are visiting the homes of workers on sick leave—but don’t expect them to be bringing chicken noodle soup and orange juice. A director of Tesla’s Gigafactory Berlin-Brandenburg sent managers to check on about 30 sick employees, according to German news outlet Handelsblatt. Per a […]
Financial Insights That Matter By Andreas Rinke FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of European Union tariffs on Chinese electric vehicles, people with knowledge of the matter told Reuters on Thursday. Germany abstained in a first non-binding vote in July on the European Commission’s proposal to impose the tariffs, but since […]
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