Topline The German government will take a 30% stake in flailing German energy company Uniper at a multibillion dollar price tag, the company announced Friday, in a massive bailout showing the dire con...
Tag: German
Is it still safe to short the German DAX index?
The DAX index is having a bad year as investors dump German and other European stocks. The blue-chip German index has fallen by more than 21% from its highest point in 2022. It is trading at €12,765, ...
German Regulator Fears Breakdown of Russian Gas Deliveries
(Bloomberg) — Warning of a potential total breakdown of Russian gas supplies, Germany’s top power grid regulator called for greater efforts to save energy. Most Read from Bloomberg There’s now a...
Li Auto’s CEO asserts the EV firm will undercut German competitors in China
The rapid rise of Chinese electric vehicle (EV) manufacturers is apparently posing a threat to German luxury automakers. Meanwhile, on Wednesday, June 29, Li Xiang, CEO of Li Auto (NASDAQ: LI), expres...
German Minister Warns Of ‘Catastrophic’ Industrial Shutdowns And Mass Unemployment If Gas Crisis Continues
Topline Germany’s economy minister Robert Habeck said the country’s federal government is attempting to stabilize energy supplies but warned of potential industry shutdowns and job losses if gas reser...
German Stance On Russian Energy Could Affect Future Of The Euro
German Stance on Russian Energy Could Affect Future of the Euro Canva Since the execution of the Maastricht Treaty in 1992 that led to the establishment of the Euro single currency, different European...
U.S. Natural-Gas Exporter Completes First Deal With German Buyer
Venture Global LNG Inc. has struck the first binding deals by a U.S. natural-gas exporter to supply natural gas to a German company, as the European nation turns to America to help replace supplies fr...
German Coal, French Nukes Throw Europe Deeper Into Energy Crisis
Wind turbines are seen near the coal-fired power station Neurath of German energy giant RWE in … [+] Garzweiler, western Germany, on March 15, 2021. – On March 16, 2021, the group will pre...
German fintech Nuri’s bitcoin interest product affected by Celsius withdrawal freeze
Crypto lending platform Celsius’s withdrawal freeze has affected a bitcoin interest product offered by German fintech firm Nuri, according to a Monday announcement. Nuri, formerly known as Bitwa...
Bullet Proof Armored BMW I7 Electric Limousine On Its Way
BMW’s i7 is set to get an even heavier brother with BMW’s armoured i7 Protection rumoured for … [+] production later this year. Photo: BMW Communications BMW Communications BMW will ...
Russia Is in Topsy-Turvy World Where Belarus Tops German Exports
(Bloomberg) — Russian efforts to rewire trade flows and bypass sanctions for the war in Ukraine can’t make up for the collapse in imports that’s crippling its economy. Most Read from Bloomberg O...
Former German Chancellor Merkel Defends Russia Policy Against Accusations Of Appeasement
Topline Former German Chancellor Angela Merkel argued Tuesday that Russia would have invaded Ukraine much earlier if not for steps by Germany and its allies, as German officials face accusations their...
Top German Electronics Retailer MediaMarktSaturn Group Collaborates With Kurant To Launch Crypto ATMs
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Leading German Electronics Retailer Launches Crypto ATMs
Gamza Khanzadaev German electronics retailer Media-Saturn installs Bitcoin ATMs in its stores The MediaMarktSaturn Group announced in its press release yesterday, June 1, 2022, that since the beginnin...
Ukraine Could Get German Air-Defenses. They Might Prevent Devastating Bombing Raids By Russian Planes.
IRIS-T SL during testing. Diehl photo Germany has announced it will supply Ukraine with its latest air-defense system. This might help the Ukrainians ward off carpet-bombing raids by Russian bombers a...
Highest German Inflation In 70 Years To Prompt Higher Than Expected Hike In Euro Borrowing Costs
FRANKFURT, GERMANY – JUNE 13: A huge euro logo is seen in front of the headquarters of the European … [+] Central Bank (ECB) on June 13, 2005 in Frankfurt, Germany. The German economy was ...
Volkswagen Boss Predicts that German Auto Giant Will Surpass Tesla on EV Sales by 2025
Volkswagen CEO Herbert Diess stated at the WEF that the company’s EV sales will overtake Tesla numbers in three years. Volkswagen (ETR: VOW3) looks to supplant Tesla (NASDAQ: TSLA) as the world’s larg...
Binance confirms its working to win German regulatory approval
Cryptocurrency exchange Binance said it’s in talks to become regulated in Germany as it engages with regulators across Europe, confirming reports from February that the company was looking to be...
Binance Courts German Regulators as Push Into Europe Continues
Binance seeks to court German financial authorities in a renewed push to establish a presence in the country, following a rebuke from the regulator last year for offering tokens tracking American stoc...
Here’s why German stocks are plummeting
The DAX index declined for the second straight day as market fear shifted from interest rates to impacts of inflation on corporate earnings. The index declined by more than 2% following the Wall Stree...
A German BaFin official Argues For An EU Wide DeFi Rule That Is Innovative
Germany undertook a number of crypto-related measures across the government, including legal amendments to embrace blockchain and tighter regulations on crypto firms. BaFin is Germany’s financial regu...
German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout ...
German regulator plans to start regulating DeFi
The German Federal Financial Supervisory Authority (BaFin) is calling for the regulation of the decentralized finance (DeFi) sector. The regulatory body wants the European Union to endorse a clear and...
Top German regulator executive wants DeFi regulated
Birgit Rodolphe, a senior executive at German financial services regulator BaFIN, has called for the regulation of decentralized finance. She cited the risks of fraud and hacks as enough reason to reg...
DeFi Needs Greater Supervision to Protect Investors: German Regulator
A high-level executive from Germany’s financial regulator has called for greater regulation of decentralized finance to protect investors from market risk. The Federal Financial Supervisory Authority’...
German Financial Supervisor Issues Stark Warning About DeFi
Alex Dovbnya BaFin wants to introduce regulations for the DeFi sector in order to prevent protocols from ripping off investors German financial watchdog BaFin has called for regulating the decentraliz...
German Regulator Calls for New DeFi Laws
But some in the industry have warned that regulation could generate uncertainty in a nascent industry. Responding to Rodolphe’s comments, Sakhib Waseem, Chief Innovation Officer at Switzerland&#...
Can The Genesis GV60 Electric SUV Live With German Competition?
GV60 IG-@_fraser73 Genesis, the premium wannabe subsidiary of Hyundai of Korea, is hoping its first electric vehicle the GV60 will be the key to its ambitious plan to shake up German hegemony in Europ...
London Subsidiary of Top German Fashion Designer Philipp Plein Becomes First To Accept Bitcoin And Ethereum Payments
– Advertisement – Philipp Plein a Top German Fashion Designer gained massive new clients after adopting crypto payments in his online stores last year. On Thursday, Mayfair Luxury fashio...
What Will Ralf Rangnick’s Role At Manchester United Be Next Season?
LIVERPOOL, ENGLAND – APRIL 19: Manager Ralf Rangnick of Manchester United gives post match interview … [+] after the Premier League match between Liverpool and Manchester United at Anfield...
Is Laughing About The Holocaust In Good Taste? Ask ‘H*tler’s Tasters’
Hannah Mae Sturges, MaryKathryn Kopp and Hallie Griffin in a scene from HITLER’S TASTERS. Burdette Parks Are we allowed to laugh about Hitler? Is it okay to joke about the dictator responsible f...
Ralf Rangnick Declares Manchester United Can Still Attract The Best Players
MANCHESTER, ENGLAND – SEPTEMBER 11: Bruno Fernandes of Manchester United celebrates with Cristiano … [+] Ronaldo after scoring their side’s third goal during the Premier League match...