Financial Insights That Matter By Iain Withers LONDON (Reuters) – Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defence, becoming one of the first major European asset managers to change their policies to help finance the region’s rearmament. AGI wrote to its clients late last week to advise […]
Financial Insights That Matter Germany and Italy diverge on inflation: What implications for the eurozone? Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence. Top Financial Tips for Saving […]
Financial Insights That Matter DUSSELDORF, Germany (Reuters) -DHL said on Monday it will acquire U.S. pharmaceutical logistics firm Cryopdp as part of the German company’s efforts to grow its operations in the pharma sector, confirming an earlier report by Reuters. DHL did not disclose a purchase price for the deal, which foresees the German logistics […]
Financial Insights That Matter Nestlé is downsizing its operations in Germany by shutting down one facility and divesting another, impacting approximately 225 employees. In two separate statements, the Swiss food giant said it plans to close its Neuss plant located in the state of North Rhine-Westphalia in mid-2026 and sell its Conow site in the […]
Financial Insights That Matter BERLIN (Reuters) – Europe wants to cooperate with the United States but the EU is ready to respond as one if Washington leaves it no choice by imposing tariffs on steel and aluminium, German Chancellor Olaf Scholz said on Sunday. Speaking at the opening of the Hanover industrial trade fair which […]
Financial Insights That Matter Volkswagen has been among German companies that have announced job cuts in recent times (Ronny HARTMANN) Germany’s unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no “spring revival” was in sight for Europe’s ailing top economy. The latest weak data highlights […]
Financial Insights That Matter By Christian Kraemer BERLIN (Reuters) – Germany’s Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to prevent an escalating trade war. Kukies made the statement to Reuters after meeting his U.S. counterpart, Treasury Secretary Scott […]
Financial Insights That Matter (Bloomberg) — Germany added more onshore wind turbines in the past decade than any other European country, but a severe slump in output this month shows how the nation’s energy system is still at the mercy of the weather and its old fossil-fuel plants. Most Read from Bloomberg Wind speeds slumped […]
Financial Insights That Matter (Reuters) – British startup Wayve will establish a new testing and development hub in Germany, deploying a fleet of test vehicles in the Stuttgart region, the self-driving technology firm said on Monday. The self-driving technology firm, which focuses on “Embodied AI” that can learn from and adapt to human behaviour, said […]
Financial Insights That Matter Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta., 2019. (Credit: Jason Franson/The Canadian Press files) Canadian energy executives are pretty much all in on building a west-to-east pipeline, suggests a new survey. The poll by KPMG LLP of 151 energy and natural resources executives found 87 per cent […]