Financial Insights That Matter 00:00 Speaker A All right. Well, the euro briefly moving higher as conservatives in Germany win elections. However, European markets still weighing what comes next. Traders are eyeing attractive opportunities in the global arena. Fed Watch advisors founder and chief investment officer Ben Emmens joining us now to discuss Ben. Before […]
Union petition at Tesla’s German plant demands longer breaks, more staff for Model Y ramp-up #NewsGerman
Financial Insights That Matter BERLIN (Reuters) – Around 3,000 workers at Tesla’s German plant signed a union petition for longer breaks and more staff, even as the company said most workers were satisfied with their jobs, in a sign of ongoing strife between unions and the U.S. EV maker. At a works council meeting on […]
Germany’s Munich Re to buy $2.6 billion Next Insurance #NewsGerman
Financial Insights That Matter By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -Munich Re is buying the 71% of Next Insurance that it doesn’t already own, strengthening its foothold in the United States and valuing the California-based company at $2.6 billion, a division of the German company said on Thursday. Ergo, the primary insurance business […]
Audi to cut 7,500 jobs as Germany’s auto industry struggles #NewsGerman
Financial Insights That Matter The Audi headquarters in Ingolstadt, Germany, seen in March 2025. – Daniel L’b/picture-alliance/dpa/AP Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement Monday that it would slash […]
German Investor Outlook Jumps to Highest Level Since 2022 #NewsGerman
Financial Insights That Matter (Bloomberg) — Investor confidence in Germany’s economy soared by the most in more than two years as the country prepares for hundreds of billions of euros of infrastructure and military investments under its new government. Most Read from Bloomberg The ZEW institute’s expectations index rose to 51.6 in March from 26 […]
Germany’s central bank says accessing cash is becoming tougher #NewsGerman
Financial Insights That Matter A sign in Frankfurt am Main points to the headquarters of the German Bundesbank, the central bank of Germany. Marius Becker/dpa Germany’s supply of cash remains secure, despite the removal of thousands of ATMs and the closure of bank branches, but the future looks less certain, the German central bank said […]
Merz Says Germany Laying Foundation for Europe Defense Push #NewsGerman
Financial Insights That Matter (Bloomberg) — Chancellor-in-waiting Friedrich Merz said Germany’s move to unlock billions of euros in military spending should be seen as a “first great step” toward the creation of a broad European defense community including non-EU nations like the UK and Norway. Most Read from Bloomberg The conservative leader made the remarks […]
Germany’s Landmark Spending Spree Wins Parliamentary Backing #NewsGerman
Financial Insights That Matter (Bloomberg) — German lawmakers passed a landmark spending package, taking a major step toward unlocking hundreds of billions of euros in debt financing for defense and infrastructure and heralding the end of decades of budget austerity. Most Read from Bloomberg The controversial legislation — pushed by conservative Chancellor-in-waiting Friedrich Merz — […]
Germany’s DAX soars to record high as lawmakers pass spending package #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 Germany’s leading stock market index, the DAX, climbed to a record 23,476 points on Tuesday, boosted by the prospect of a multibillion-euro spending […]
German Lawmakers Vote on Landmark Spending Bill: What to Watch #NewsGerman
Financial Insights That Matter (Bloomberg) — German lawmakers will vote on a bill Tuesday that would unlock hundreds of billions of euros in debt-financed defense and infrastructure spending and herald a pivot toward a substantially more expansive fiscal policy in Europe’s biggest economy. Most Read from Bloomberg Conservative Chancellor-in-waiting Friedrich Merz and the Social Democrats […]