Financial Insights That Matter FRANKFURT (Reuters) – Euro zone industrial output rose more than expected in February, raising hopes that the sector bottomed out after a two-year recession, even if U.S. trade policy keeps risks high, data from Eurostat showed on Tuesday. Output in the 20 nations sharing the euro rose by 1.1% on the […]
Financial Insights That Matter Commerzbank logo is seen on the Commerzbank Tower in the center of the banking city in Frankfurt am Main. Helmut Fricke/dpa Germany’s Federal Cartel Office on Monday approved Italian bank UniCredit’s acquisition of a major stake in German rival Commerzbank. Andreas Mundt, head of the Bonn-based body, said the 29.99% stake […]
Financial Insights That Matter By Maria Martinez BERLIN (Reuters) – With global trade deeply uncertain and a tariff war causing havoc on financial markets, Germany’s next government is hoping to unleash domestic consumption to revive stalled growth in an economy that has been driven for decades by exports. Conservative chancellor-in-waiting Friedrich Merz, in a newly […]
Financial Insights That Matter ELECQ MUNICH, Germany, April 14, 2025 (GLOBE NEWSWIRE) — ELECQ, a leading innovator in smart EV charging technology, will present its latest solutions at Power2DriveEurope 2025 in Munich from May 7–9th. Power2Drive Europe is Europe’s leading exhibition focused on electric vehicles, charging infrastructure, and renewable energy integration—bringing together automakers, energy providers, […]
Financial Insights That Matter EnBW has commissioned a hydrogen-ready gas turbine power plant at Stuttgart-Münster, as part of the company’s commitment to decarbonisation and grid stability. The plant serves as a model for future projects as southern Germany faces a growing need for flexible power solutions to balance renewable energy sources. The opening marks a […]
Financial Insights That Matter Germany had hoped that a new government would revive its stagnant economy, but President Trump’s sweeping new tariffs are stoking worries that the country will fall short of its 0.3 percent growth expectations this year. Calling the tariffs “an attack on the rules of global trade which created prosperity around the […]
Financial Insights That Matter Cocoa fruits lie on a cocoa plantation during the harvest. German confectionery manufacturers produced fewer chocolate Easter bunnies this year than in 2024, their industry association announced on Friday. Christina Peters/dpa German confectionery manufacturers produced fewer chocolate Easter bunnies this year than in 2024, their industry association announced on Friday. Around […]
Financial Insights That Matter FRANKFURT, Germany (AP) — Frankfurt has become Germany’s financial capital, known for the country’s only high-rise skyline. But look closer to the ground and you’ll find a tradition that brings rich and poor, bankers and punks, together. Back when drinking unboiled tap water wasn’t advisable, the little kiosks offered bottles of […]
Financial Insights That Matter In a major executive shuffle in the German film industry, Dirk Schweitzer, currently CEO of film studio MMC, is taking over as interim head of Vuelta Germany, the German division of Jerome Levy’s Vuelta Group, replacing outgoing CEO Al Munteanu. Munteanu, who took over at Vuelta Germany last year after Vuelta […]
Financial Insights That Matter RTX Corp.’s RTX Raytheon business unit recently secured a modification contract involving APY-10 radar systems. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Valued at $15.8 million, the contract is expected to be completed by March 2028. Per the terms of the deal, RTX will […]