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 — […]
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 […]
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 […]
Financial Insights That Matter The Apple logo is pictured on the Manhattan headquarters. Michael Kappeler/dpa Germany’s Federal Court of Justice (BGH) is set to rule on whether Apple holds outstanding significance across markets on Tuesday, a classification that could subject the company to stricter competition control. The US company is contesting a decision by Germany’s […]
Financial Insights That Matter By Giulio Piovaccari MILAN (Reuters) – Chinese electric vehicle giant BYD (BYDDY) is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region’s biggest economy and car market opposed EU tariffs on China-made EVs last year. BYD stock rose 6% […]
Financial Insights That Matter Conservative leader Friedrich Merz said the next German government would have to cut costs despite his proposed €500 billion ($545 million) debt-backed financial package. “We will have to cut costs on the federal level, on state level and in local communities,” Merz, the likely next chancellor, told German public broadcaster ARD. […]
Financial Insights That Matter The logo of online retailer Zalando is pictured on the Zalando Campus at Mercedes-Platz in Berlin. Jens Kalaene/ZB/dpa Online fashion retailer Zalando reported higher full-year profits on Thursday, adding that it expects earnings to grow in the current year. The company’s bottom line came in at €251.1 million ($271.7 million), compared […]
Financial Insights That Matter (Reuters) – The supervisory board of ProSiebenSat.1 will meet later on Sunday to discuss a potential deal that could hand U.S. private equity firm General Atlantic a minority stake in the German broadcaster, two sources close to the matter told Reuters. General Atlantic is a co-investor in ProSieben’s internet units – […]
Financial Insights That Matter Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman […]
Financial Insights That Matter Investing.com — Germany’s proposed fiscal reforms mark a “historic and positive” shift in economic policy, according to Capital Economics analysts. The reforms, which include increased defense spending, a €500 billion infrastructure fund, and relaxed budget rules for federal states, are expected to loosen the fiscal straitjacket that has constrained German and […]