Finance Top StoriesForeign investment in Germany remains stable despite stagnation threatGBO CorrespondentMay 30, 2023May 30, 2023 GBO CorrespondentMay 30, 2023May 30, 2023 Except for the Intel investment, announced investments surpassed the 2021 outcome by...
Banking and Finance Top StoriesGermany’s second-biggest lender Commerzbank’s profits soar on higher interest ratesGBO CorrespondentMay 24, 2023 GBO CorrespondentMay 24, 2023 Commerzbank said quarterly revenues fell slightly to just under 2.7 billion euros,...
Economy Top StoriesGermany dodges recession, but fear remains as factory orders go downGBO CorrespondentMay 9, 2023 GBO CorrespondentMay 9, 2023 In the fourth quarter of 2022, the German economy contracted by 0.5%,...
Banking and Finance Top StoriesGlobal interest rates will hit their highest level since 2007, investors believeGBO CorrespondentFebruary 6, 2023 GBO CorrespondentFebruary 6, 2023 In December 2022, Fed officials forecasted raising interest rates above 5% in...
Shipping Top StoriesThe boom of electric vehicles in 2022Sanjay KumarJanuary 12, 2023 Sanjay KumarJanuary 12, 2023 It is estimated that leading manufacturers will spend USD 1.2 trillion to...
Logistics Top StoriesDaimler Truck facing huge supply chain pressureGBO CorrespondentJune 29, 2022June 29, 2022 GBO CorrespondentJune 29, 2022June 29, 2022 The manufacturer of Mercedes-Benz trucks claimed in early June that there were...
Energy Top StoriesGermany to invest more than $56 billion in climate fundGBO CorrespondentNovember 26, 2021 GBO CorrespondentNovember 26, 2021 The financing will be spent to shift Germany to a greener economy...
Energy Top StoriesGermany commits €100 mn investment for renewable energy in AfricaGBO CorrespondentOctober 4, 2021 GBO CorrespondentOctober 4, 2021 The funds will go to Sustainable Energy funds for Africa...
Banking and Finance Top StoriesDeutsche Bank plans further consolidation, to close branches in EuropeGBO CorrespondentOctober 1, 2021 GBO CorrespondentOctober 1, 2021 The lender is planning to cut its branches in Italy and Spain...
Aviation Top StoriesEuropean Airlines seeks to embark operationsGBO CorrespondentFebruary 25, 2021 GBO CorrespondentFebruary 25, 2021 The government of various economies is being cautious about a fast return...