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Government bond yields across the euro zone moved higher on Thursday as renewed geopolitical tensions in the Gulf fueled concerns over energy prices and inflation, while relatively subdued U.S. inflation data helped keep Treasury yields more stable. The contrasting market movements narrowed the spread between German and U.S. 10-year government......
Uber has reached an agreement to acquire German food delivery company Delivery Hero in a deal valued at approximately €12.7 billion, marking one of the largest transactions in the global on-demand delivery industry. The acquisition is expected to expand Uber's international presence in food delivery and quick commerce while combining......
German Chancellor Friedrich Merz has clarified that the German government is not seeking to block UniCredit's proposed takeover of Commerzbank, while reiterating its reservations about the manner in which the Italian banking group has pursued the transaction. Speaking to reporters in Berlin on Wednesday, Merz said the federal government......
German Chancellor Friedrich Merz has made a direct appeal to supporters of the far-right Alternative for Germany (AfD), urging them to evaluate his government's performance independently as the country prepares for a closely watched state election that could reshape Germany's political landscape. Speaking during a summer press conference......
Germany experienced a significant increase in deaths during the intense heatwave that struck the country in late June, with preliminary official data indicating a sharp rise in mortality compared with previous years. According to early estimates from Germany's Federal Statistical Office, the number of deaths recorded during the final......
Germany’s retail industry is entering a period of increasing uncertainty as companies struggle with rising operating costs and fragile consumer demand. Retailers across the country are reporting weaker business conditions, with higher expenses for energy, labour and procurement reducing profit margins and putting pressure on future growth. According......
German prosecutors have charged a 68-year-old man over allegations that he drugged, sexually assaulted and recorded multiple women he had met through online platforms, authorities announced on Tuesday. The Berlin prosecutor’s office said the suspect faces accusations of 22 cases of rape, along with charges related to serious bodily......
A U.S. citizen infected with the Bundibugyo strain of the Ebola virus in the Democratic Republic of the Congo has been admitted to a high-security isolation unit at Frankfurt University Hospital, German officials confirmed on Monday. The patient was transferred to Germany for specialist treatment after contracting the virus while working......
The German state of Lower Saxony is considering acquiring a stake in Volkswagen AG's Osnabrück manufacturing plant as part of efforts to support its transition from automotive production to defence manufacturing, according to a report by Capital magazine. If implemented, the move could become a blueprint for other Volkswagen facilities......
Mercedes-Benz is expanding its manufacturing footprint in Hungary with a €1 billion investment aimed at increasing production capacity, improving efficiency and strengthening its position in an increasingly competitive global automotive market. The German carmaker announced on Monday that its Kecskemet facility will undergo a major expansion......
Helsing has secured $1.8 billion in a Series E funding round, lifting its valuation to $18 billion and reinforcing its position as Europe's best-funded defence technology startup. The investment marks one of the largest fundraising rounds ever completed by a European defence technology company, reflecting growing investor interest in......
The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic cooperation. Her appointment comes......
Germany is financing the purchase of 50,000 strike drones for Ukraine, according to a source familiar with the matter, in one of the largest known drone acquisition programmes backed by a Western government since the start of Russia’s full-scale invasion. The agreement highlights the growing importance of unmanned systems in modern......
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