The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty Images Deutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase. Analysts had forecast a result of 1.23 … Read more
Chancellor Olaf Scholz kicked off a three-day tour of China on Sunday to shore up ties with Germany’s top trade partner and address rifts over issues including Chinese trade practices and its support for Russia. The chancellor’s longest visit to any state since taking office is likely to be overshadowed by Iran’s attack on Israel, … Read more
Last Updated: April 10, 2024, 13:51 IST Groped female statues in Germany highlight sexual harassment. (Photo Credits: YouTuber/@TERRE DES FEMMES) A women’s rights organization in Germany shared a message to the public about how sexual harassment leaves its mark with a video of bronze statues of nude women, with breasts that are visibly lighter after … Read more
Arvind Kejriwal was arrested last week by the Enforcement Directorate. (File) New Delhi: Germany has changed its tone after India summoned a senior German diplomat over their government’s remarks on Chief Minister Arvind Kejriwal’s arrest. A German foreign office spokesperson exuded confidence in the Indian Constitution on Wednesday, days after his government said they expected … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson. The Global Dividend Index report, published … Read more
Ambassador of Germany to Russia Alexander Graf Lambsdorff leaves the Russian Foreign Ministry in Moscow, Russia March 4, 2024. | Photo Credit: Reuters Moscow summoned Germany’s Ambassador to Russia’s Foreign Ministry on Monday, days after the release of an audio recording on social media purporting to show German officers discussing support for Ukraine. The state … Read more
Joachim Nagel, president of Deutsche Bundesbank, during the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024. Bloomberg | Bloomberg | Getty Images Losses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates, requiring it to draw on the … Read more
German exports fell more than expected in December due to weak global demand, data from the Federal Statistics Office showed on Monday. Germany’s ailing economy had a bumpy start to the year with exports sinking, farmers launching nationwide protests, train drivers striking for days and heated debates among coalition partners on how to foster economic … Read more