Germany

With the ongoing coronavirus (COVID0-19) pandemic canceling sports globally in March, it's been over two months since soccer fans have been able to enjoy "The Beautiful Game." The wait is no longer. The Bundesliga, the top professional soccer league in Germany, has been given the OK...

European airlines are beginning to see faint glimmers of economic sunlight and preparing to come out of their coronavirus hibernation. Deutsche Lufthansa AG (OTCMKTS:DLAKY) on Friday said group airlines Lufthansa, Eurowings and SWISS will collectively reactivate 80 aircraft for June, doubling the...

The coronavirus (COVID-19) was in the U.S. for at least 41 days before the first state declared an emergency. It took another 11 days for the White House to restrict travel outside of China, and another three to declare a national emergency. The first regional lockdown took effect on...

Tesla Inc. (NASDAQ: TSLA) got a German court's approval on Thursday to continue the construction of its Berlin manufacturing plant, Deutsche Welle reported. What Happened The preparatory work — on what would be the automaker's first factory in Europe — was halted when the...

The Climate Finance Partnership (CFP) organization is seeking to raise $500 million as initial funding for its environment protection fund. BlackRock Takes Charge The CFP was announced at the One Planet Summit in September 2018. Leading partner BlackRock Inc. (NYSE: BLK) said the vehicle will...

Markets in Europe traded lower on Tuesday, as China confirmed that the novel coronavirus could be transmitted human-to-human, with more cases being reported internationally. What Happened The Asian markets too closed lower earlier in the day, over the possibility of a larger virus outbreak...

German Chancellor Angela Merkel said Europe should stop viewing China as a systemic rival and avoid coming “under pressure between America and China.” What Happened Europe should maintain a close relationship with China and avoid involvement in the ongoing U.S.-China trade war,...

If the German government moves to ban Huawei Technologies Co. Ltd.'s 5G services, the "Chinese government will not stand idly by," the country's ambassador to Germany, Wu Ken said at an event in Berlin, according to Bloomberg. What Happened "If Germany were to take a decision...

German-based chemical company BASF has reportedly planned to build a cathode factory to the tune of €500 million in the state of Brandenburg, Germany, that will cater to materials for the battery production of electric cars. The existing BASF plant in Schwarzheide, Brandenburg, accommodates 1,973...

The leaders of the group, called “Normandy Four,” including the Russian Federation, Ukraine, Germany, and France, are meeting in Paris later on Monday over the ongoing conflict in Ukraine’s Donbass region between the government and pro-Russia militants. What Is About To Happen...

At the annual Goldene Lenkrad (Golden Steering Wheel) auto awards ceremony in Germany, Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), announced that the electric carmaker will commence plans on its next manufacturing hub – the Gigafactory – in Berlin. If the plans come to fruition, this will be...

Tesla Inc (NASDAQ: TSLA) is planning its fourth gigafactory to be located in Berlin, Elon Musk confirmed at an event in Germany on Tuesday. What Happened “Everyone knows that German engineering is outstanding, for sure. That’s part of the reason why we are locating our Gigafactory...

European stocks and the related exchange traded funds are unlikely to catch their U.S. rivals, but there's no denying there's some momentum building for riskier assets across the pond. The S&P Europe 350 Index is higher by 7.13% over the past month, bringing its year-to-date gain to...

German Enterprise Software Developer SAP SE (FRA: SAP) will provide an extra capital return of $1.7 billion to its shareholders in 2020, the company said in an official statement on Monday. SAP credited “strong financial performance” in 2019 as the reason behind the move. The...

DHL Global Forwarding has launched a new rail express service from China to Europe offering transit times of just 10 to 12 days. Launched in partnership with Xi'an International Inland Port Investment & Development Group Co., DHL said the service from Xi'an in China to Hamburg and Neuss in...