CashNews.co GERMAN FINANCE AGENCY: GERMANY PLANS TO CUT STAKE IN COMMERZBANK XM does not provide services to residents of the United States of America. XM does not provide services to residents of the United States of America. Home Trading Trading At XM we offer Ultra Low Micro and Ultra Low Standard Accounts that can […]
CashNews.co The German Finance Ministry has proposed a second Future Financing Act (ZuFinG II) to allow investment funds and Spezialfonds – opened only to qualified investors, including pension funds – to invest in venture capital funds to a “fundamentally unlimited extent”, according to the proposed law. An unlimited amount of investments would be allowed in commercial […]
CashNews.co German automobile giant Volkswagen said on Monday that it could not rule out factory closures and redundancies as it looks to cut back a reported €4 billion ($4.25 billion) more than originally planned in a sweeping savings plan. The board said that the current strategy of offering reduced contracts and severance packages to employees […]
CashNews.co (Reuters) — Intel (INTC) CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter, as they try to revive the once-dominant chipmaker’s fortunes. The plan will […]
CashNews.co By Belén Carreño and Maria Martinez MADRID/BERLIN (Reuters) – Spain received a record 10.9 million tourists in July, 7.3% more than a year ago, while their spending jumped 12%, stoking the Spanish economy’s solid growth in contrast to some European peers responsible for much of the inflow of visitors. Data released on Monday by […]
CashNews.co The Alternative for Germany has won elections in the eastern region of Thuringia, the first time a far-right party has secured victory in a state poll in the country’s postwar history. According to preliminary results, the AfD garnered 32.8 per cent in Thuringia, way ahead of all other parties. The centre-right Christian Democratic Union […]
CashNews.co German tanks firing on Russians at Kursk lose again while Ukraine puts its integrity in increasing danger War means workers killing workers and German manufacturing is paying for acts of terrorism against the German people because of Germany’s weak government Resistance to the new global war in Germany is waning, lies are dominating, double […]
CashNews.co Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. Chancellor Olaf Scholz has proposed talks with the main opposition party and Germany’s regional leaders on toughening immigration policy after a terror attack on Friday that killed three people. The talks would focus on […]
CashNews.co BERLIN (Reuters) – Germany’s network agency on Friday announced plans to spread the cost of compensating grid operators for investments to integrate renewable power sources more evenly between consumers across the country. Germany faces an estimated 450 billion euros ($498.4 billion) in grid expansion costs by 2045 in its push to cover 80% of […]
CashNews.co Several months after the U.S. approved a significant $61 billion Ukraine aid package, bringing total American aid to $175 billion, the German government is putting the brakes on new military aid to Ukraine as part of a plan to cut spending. This freeze is already in effect and will apply to future funding requests, […]