German

German regulator orders oversight, limits on GIC-backed online bank N26
German regulator orders oversight, limits on GIC-backed online bank N26
The measures mark the second time since 2021 that BaFin has directed a special monitor to oversee the fast-growing Berlin-based lender[FRANKFURT] Germany’s financial regulator BaFin on Monday (Dec 15)...
IReit Global’s German subsidiaries served with payment order by former tenant
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus[SINGAPORE] Subsidiaries of IReit Global have been served with a payment order...
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the partnership, both companies will jointly participate in major trade shows and roadshows[SINGAPORE] Millennium Hotels and Resorts has partnered Germany’s Maritim Hotels to launch a cross-brand...
German Watchdog Challenges DeepSeek App Presence in App Stores, Urges Apple, Google to Take Action
The Chinese artificial intelligence model DeepSeek, which shook the entire AI sector by its launch, has found itself in trouble in one of the European countries. A German privacy...
Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high
Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high
EUROPEAN stocks closed higher on Wednesday, buoyed by Berlin’s approval of a 46- billion euro (S$68.2 billion) corporate tax relief package aimed at kick-starting growth.The relief package, the first...
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a 1.8-billion euro (S$2.6 billion) bet on the future...
Ford’s German workers to strike as tensions rise over planned cuts
Ford’s German workers to strike as tensions rise over planned cuts
Ford plans to cut around 14% of its European workforce, mostly in Germany and BritainPublished Mon, May 12, 2025 · 08:30 PM[FRANKFURT] Ford workers at the US automaker’s two...
Europe: German stocks cut losses as Merz elected as chancellor after initial setback
Europe: German stocks cut losses as Merz elected as chancellor after initial setback
GERMAN shares trimmed early losses on Tuesday after conservative leader Friedrich Merz was elected chancellor during a second vote in parliament after an unexpected initial setback.Germany’s DAX index ended...
German software maker SAP beats operating profit estimates for first quarter
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company saysPublished Wed, Apr 23, 2025 · 06:50...
Europe: Stoxx 600 closes near record high; German elections in focus
Europe: Stoxx 600 closes near record high; German elections in focus
EUROPEAN shares settled near a record high on Friday (Feb 21) and marked their longest streak of weekly gains in nearly a year, while Germany’s Dax dipped as investors...