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 […]
Tesla sales in Germany decline, furthering weakness in EU #NewsGerman
Financial Insights That Matter Tesla (TSLA) shares are under pressure after the electric vehicle (EV) giant saw a 59% sales decline in Germany last month, furthering the company’s recent weak sales in Europe overall. Seana Smith and Madison Mills break down what investors need to know. To watch more expert insights and analysis on the […]
Mood in Germany’s embattled auto industry sours further, survey finds #NewsGerman
Financial Insights That Matter A billboard of the Ifo Institute for Economic Research Leibniz is seen at the University of Munich’s Dresden branch. Arno Burgi/ZB/dpa The outlook among executives in Germany’s key automotive industry has continued to sour, according to the latest results of a monthly industry survey from the ifo Institute released on Wednesday. […]
Tesla Sales Plunge 59% in Germany to Lowest Level in Years #NewsGerman
Financial Insights That Matter (Bloomberg) — Tesla Inc.’s sales plummeted 59% last month in Germany, adding to indications that Chief Executive Officer’s Elon Musk political activities are hurting the carmaker’s business in major electric vehicle markets. Most Read from Bloomberg The US manufacturer registered only 1,277 new cars in January, its lowest monthly total since […]
JD.com Revives Interest in Buying German Retailer Ceconomy #NewsGerman
Financial Insights That Matter (Bloomberg) — Chinese e-commerce firm JD.com Inc. has renewed its interest in acquiring German electronics retailer Ceconomy AG, according to people familiar with the matter. Most Read from Bloomberg JD.com recently approached Ceconomy about a potential deal and has started sounding out large shareholders of the German company, the people said, […]
Vodafone Shares Fall as Germany Weakness Offsets Sales Beat #NewsGerman
Financial Insights That Matter (Bloomberg) — Vodafone Group Plc shares fell after fiscal third quarter results revealed a further softening in its German operations. Most Read from Bloomberg Organic service revenue in the country fell by 6.4% in the quarter, the company said in a statement on Tuesday. That was below the 5.3% drop estimated […]
Littelfuse Completes Acquisition of the 200mm Wafer Fab Located in Dortmund, Germany #NewsGerman
Financial Insights That Matter Acquisition supports long-term growth strategy by enhancing power semiconductor capabilities CHICAGO, December 30, 2024–(BUSINESS WIRE)–Littelfuse, Inc. (NASDAQ: LFUS), a diversified industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced it completed the acquisition of the 200mm wafer fab located in Dortmund, Germany (“Dortmund fab”) from Elmos Semiconductor […]
Vodafone shares drop as Germany performance worsens #NewsGerman
Financial Insights That Matter By Paul Sandle LONDON (Reuters) -European mobile group Vodafone reported another deterioration in Germany, its biggest market, in its third quarter, a weak point amid otherwise stronger trading in Britain, Turkey and Africa. Shares in Vodafone opened down over 6%, more than wiping out gains made in the last 12 months. […]
Germany’s Deutsche Bank joins AI start-up as investor and partner #NewsGerman
Financial Insights That Matter The Deutsche Bank logo shines on a branch in the morning. Germany’s Deutsche Bank is joining Aleph Alpha, the country’s largest start-up in the field of artificial intelligence (AI), “as a strategic investor and partner,” the start-up confirmed on 20 November Robert Michael/dpa Germany’s Deutsche Bank is joining Aleph Alpha, the […]
Germany’s DAX index recovers as US suspends tariffs on Mexico, Canada #NewsGerman
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 German stocks stabilized on Tuesday after the United States suspended planned tariffs of 25% on Mexico and Canada. The DAX, Germany’s top stock […]