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Siemens AG has overtaken SAP SE to become Germany's most valuable listed company, following a steep sell-off in the software giant's shares triggered by investor disappointment over its 2026 cloud outlook. SAP's stock plunged as much as 17 percent in session trading, trimming its market capitalization to around 199 billion euros......
Germany’s economy grew by 0.3% in the fourth quarter of 2025 compared with the previous quarter, according to the federal statistics office Destatis. The increase was slightly above market expectations, which had forecast 0.2% growth. The quarterly expansion was driven primarily by higher household and government consumption. After......
German Chancellor Friedrich Merz firmly rejected Ukrainian President Volodymyr Zelenskyy's push for EU membership by 2027 on Wednesday, deeming the timeline "out of the question" and "impossible." This staunch opposition from Europe's most powerful member highlights deepening divisions within the bloc over the pace......
European stock markets climbed Thursday, fueled by soaring precious metals prices that propelled mining shares higher, even as technology stocks faced headwinds from disappointing results at SAP. London's FTSE 100 rose 0.6% to 10,217.40 points by midday, while the pan-European STOXX 600 gained 0.4% following a 0.8% drop in the prior session.......
Chancellor Friedrich Merz expressed concern Wednesday over the weakening US dollar, calling it a "considerable additional burden for German exporting industry." He urged Washington to honor its trade commitments with the European Union. "We will have to assert ourselves globally against a weak dollar and strong euro,"......
Investors are pressing Volkswagen CEO Oliver Blume for concrete results in what they view as a make-or-break year for the German automaker. Now freed from his dual role at Porsche, which ended January 1, Blume has a narrowing window to halt the company's decline in China and address critical technology gaps against rivals. Under Blume's......
Deutsche Bank revealed blockbuster financial results for 2025 on Thursday, posting a net profit of 7.1 billion euros for the full year, nearly double the 2.7 billion euros from 2024. This marks the German lender's highest annual earnings since 2007 and its sixth straight year in the black. The fourth quarter alone delivered a net profit......
European allies have firmly rejected President Donald Trump's newly launched Peace Council, citing fears that it undermines the United Nations' authority in global conflict resolution. Unveiled at the World Economic Forum in Davos on January 22, the initiative was originally intended to oversee Gaza's post-conflict reconstruction......
Global economic power in 2026 remains highly concentrated, with a handful of countries accounting for a large share of worldwide output. According to international economic projections, total global gross domestic product (GDP) is expected to reach approximately 123.6 trillion dollars, reflecting steady but uneven growth across regions. The......
Prosecutors in Frankfurt conducted an operation on Wednesday at premises belonging to Deutsche Bank, Germany’s largest financial institution, according to information confirmed by the bank. In a brief statement sent to the media, Deutsche Bank said it was fully cooperating with judicial authorities, without providing further details......
Russian President Vladimir Putin met on Wednesday with Syrian President Ahmed al-Chareh in Saint Petersburg, marking their second meeting since the 2024 overthrow of former Syrian leader Bashar al-Assad. The meeting comes amid Russia’s efforts to maintain its military foothold in Syria and growing concerns about the resurgence of jihadist......
The Middle East will take center stage at the upcoming Munich Security Conference, according to its chairman, Wolfgang Ischinger. Speaking ahead of the annual gathering, he said that discussions on regional stability and the implementation of a peace plan for Gaza would rank among the event’s most important topics. Ischinger noted that......
Berlin authorities have announced a record €1 million reward for information leading to the arrest of those responsible for a massive power outage that left hundreds of thousands without electricity and heating earlier this year. The blackout, caused by an arson attack on a cable bridge, affected entire neighborhoods during freezing temperatures......
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