Germany retains its number one position as one of the most crypto-friendly nations, according to Coincub. However this time, it is sharing the crown with the USA. Switzerland moves up to third place i...
Tag: Germany
Germany and the US share the top spot in the global crypto rankings: Report
Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub. The two countries now share the top rankings, with Germany ma...
Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble
There are few companies with more at stake from Russian natural-gas flows into Germany than the chemicals sector. Shares of chemicals companies including BASF BAS, +2.61%, Lanxess LXS, +3.77% and Cove...
Uniper says its drawing gas from storage
An employee monitors for gas leaks during safety checks at Uniper’s Bierwang natural gas storage facility. Bloomberg | Bloomberg | Getty Images German energy giant Uniper on Friday said it is ha...
Russia’s Failure To Reopen Nord Stream Pipeline Would Cripple Germany’s Economy
The critical Nord Stream 1 pipeline is closed for routine maintenance. There is concern that it may … [+] not reopen if Russia decides to escalate the Ukraine conflict. (Photo by Sean Gallup/Get...
Tech Rebound Drives Equity Advance As The Dollar Hits New Highs
(Photo by Andrew Burton/Getty Images) Getty Images Stocks indices in the U.S. posted significant gains last week, led by a recovery in beaten-down technology companies. The Ark Innovation Fund ETF, $A...
Germany Reopens Coal Plants Because Of Reduced Russian Energy
Topline Germany’s parliament on Friday agreed to reactivate retired coal power plants to generate electricity, decreasing their reliance on precarious Russian supplies, but potentially bringing the co...
The US Dollar Is Still King, And Investors Can Make The Most Of It
Getty Images Key takeaways The US dollar rose to fresh 20-year highs this week Meanwhile, the euro fell below $1.02 for the first time since 2002 Rising energy prices, tightening central bank policies...
Germany’s Soccer Federation Refuses To Pay Its Women’s Players As Much As Men
Germany’s women’s national soccer team at a FIFA Women’s World Cup 2023 qualifier against Portugal on April 9 in Bielefeld, Germany. Christof Koepsel/Getty Images Germany has dominat...
Volkswagen CEO says EV outlook is very good
An ID. Buzz photographed at a plant in Hanover, Germany, on June 16, 2022. Supply chain constraints — including those related to semiconductors — have been a major challenge for automakers in recent t...
Germany Risks a Cascade of Utility Failures, Economy Chief Says
(Bloomberg) — Germany should prepare for deeper cuts in Russian gas supplies because President Vladimir Putin is pursuing a conscious strategy of driving up prices to undermine European unity, E...
Tesla Delivery Pace Drops In Second Quarter On China Slowdown
Elon Musk at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Tesla’s billionaire CEO had anticipated more robust deliveries at the start of the seco...
Negative Views Of China Remain High In New Pew Survey Of 19 Countries
Some 70% of Americans say U.S.-China relations are bad, according to the Pew Research Center. (AP … [+] Photo/Kiichiro Sato, File) ASSOCIATED PRESS Negative views of China, the world’s No. 2 eco...
Germany seizes three Gazprom tankers in new blow for Putin
Germany Russia energy Gazprom LNG gas Ukraine crisis – Mikhail Klimentyev, Sputnik, Kremlin Pool Photo The German government has taken control of three liquefied natural gas ships from Russian e...
Dufry Loses Retail Toehold In Germany As Heinemann Returns To Country’s Fourth Busiest Airport
An impression of how Heinemann’s new storefront’s will look. Gebr. Heinemann Hamburg-based travel retailer Gebr. Heinemann was rejoicing this week as it ousted Dufry by winning the tender ...
The race to make green hydrogen competitive is on
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some ca...
Germany warns of a ‘Lehman moment’ if Russia cuts off natural gas to Europe
Germany is one step closer to having to ration its gas usage as supply from Russia starts to dry up, and the country’s top economic affairs official is warning that it could lead to an even larger eco...
Canada Goose Rival Bosideng Reports Profit Gain, Sees Apparel Recovery
Pedestrians are reflected in the window of a Bosideng store. Photographer: Nelson Ching/Bloomberg … [+] News © 2021 Bloomberg Finance LP Bosideng, China’s top home-grown down jacket brand, said ...
Germany Decries ‘Economic Attack’ By Putin As It Inches Towards Gas Rationing
Topline Germany triggered the second phase of its three-stage gas emergency plan on Thursday and urged its citizens to cut back on usage, as it flagged concerns about a drop in supplies from Russia th...
Germany Warns of Lehman-Like Contagion From Russian Gas Cuts
(Bloomberg) — Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in trigger...
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...
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...
Germany Is Taking Steps to Bolster Gas Supplies, Habeck Says
(Bloomberg) — Most Read from Bloomberg The German government will step up efforts to bolster gas storage levels after Russia reduced flows in a move Economy Minister Robert Habeck said was inten...
How Germany Took Over Russia’s Vast Gas-Trading Empire
After Moscow invaded Ukraine, the German government pledged to wean the country off Russian natural gas. This week, it said it would lend billions of euros to the German subsidiary of Russian gas gian...
Leaders Of France, Italy And Germany Visit Kyiv
Topline The leaders of France, Germany and Italy arrived in Kyiv on Thursday, a collective show of European backing amid criticism the bloc is not doing enough for Ukraine as the country struggles to ...
Germany Keeps Improving Under Flick But 1-1 Draw Against England Highlights Shortcomings
Germany was left disappointed after their 1-1 draw against England (Photo by Alex Grimm/Getty … [+] Images) Getty Images For 60-65 minutes, it was all Germany against England. But the bottom lin...
Is England’s Gareth Southgate A Good Manager? His CV Says No
England’s head coach Gareth Southgate attends a press conference on the eve of the UEFA Nations … [+] League football match between Germany and England on June 6, 2022 in Munich. (Photo by...
Germany Is Ending Most of Its Crypto Taxation
The European nation of Germany has announced some major news for crypto holders. The country has stated that all traders and crypto fans who hold their tokens for more than a year will not be made to ...