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 […]
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 […]
Financial Insights That Matter Horst Koehler, Personal Envoy of the Secretary General of the United Nations to the parties to the conflict in Western Sahara, arrives for a round table on Western Sahara at the European headquarters of the United Nations in Geneva, Switzerland, Wednesday, Dec. 05, 2018. Martial Trezzini/Keystone/AP hide caption toggle caption Martial […]
Financial Insights That Matter Exclusive recycling agreement with an additional leading, global electric vehicle manufacturer provides further feedstock from another EU country for the Company’s Germany Spoke TORONTO, February 03, 2025–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce it has partnered […]
Financial Insights That Matter The lettering “Commerzbank” can be seen on the Commerzbank Tower in the center of the banking city. Helmut Fricke/dpa German bank Commerzbank beat expectations to report a record annual profit of €2.68 billion ($2.78 billion) on Friday in preliminary figures. The net result for the full financial year 2024 was 20% […]
Financial Insights That Matter Volkswagen has offered thousands of workers at its factory in Tennessee a 14% pay rise over four years, while workers in its homeland of Germany continue demonstrations over proposed pay cuts and factory closures. The German carmaking giant proposed a landmark deal after engaging in talks with the United Auto Workers […]
Financial Insights That Matter Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen’ [Future Volkswagen] has been concluded, the company has announced. In a statement, VW said it realigning production capacities at Volkswagen AG’s German locations and creating the conditions for a reduction […]
Financial Insights That Matter Coca-Cola Europacific Partners (CCEP) plans to invest around €150m ($156.2m) into its operations in Germany. Most of the funding will be injected into the group’s facility in Halle, eastern Germany. Of the €150m, nearly €45m will be invested in the installation of a can-filling line in Halle to cater to the […]
Financial Insights That Matter Coins are pictured on a receipt. Marijan Murat/dpa Inflation in Germany was 2.3% year-on-year in January, down from 2.6% in December, the Federal Statistical Office said in its first estimate released on Friday. In January, fuel and heating were cheaper than a year ago. Energy costs decreased by 1.6%, thereby dampening […]
Financial Insights That Matter The headquarters of Commerzbank. Helmut Fricke/dpa Major Italian bank UniCredit is expanding its stake in German lender Commerzbank through financial instruments, with the total position now amounting to around 28%, the Italian bank announced on Wednesday. The move is in line with the aim of expanding the stake to 29.9% and […]