Inconclusive German Vote Could Mean Months of Coalition Talks

Inconclusive German Vote Could Mean Months of Coalition Talks

(Bloomberg) — With German elections failing to produce a clear winner, the two major parties — Finance Minister Olaf Scholz’s Social Democrats and the conservative CDU/CSU bloc under Armin Laschet — are both plotting their next moves to secure the chancellery. The splintered political landscape means that they’ll need the Greens and the pro-business Free…

German finance ministry raided in money laundering probe

German finance ministry raided in money laundering probe

German finance ministry raided in money laundering probe

German regulator BaFin rejects insider trading suspicions in Daimler shares

German regulator BaFin rejects insider trading suspicions in Daimler shares

German regulator BaFin rejects insider trading suspicions in Daimler shares

German Bund yields hold above six-month lows on Fed taper expectations

German Bund yields hold above six-month lows on Fed taper expectations

LONDON — Government bond yields in Germany, the euro zone’s benchmark bond issuer, held above recent six-month lows on Tuesday as talk that the U.S. Federal Reserve could soon discuss tapering its bond-buying stimulus kept bond market bulls in check for now. In choppy trade, the 10-year Bund yield briefly rose to its highest level…

German battery sales rise on demand for electric cars – ZVEI

German battery sales rise on demand for electric cars – ZVEI

FRANKFURT — Growth in Germany’s battery sector doubled to 35% last year led by demand for lithium-ion batteries for electric cars, data showed on Wednesday. “Sales especially of lithium-ion batteries have grown enormously,” said Christian Eckert from electronic industry ZVEI, in a call with reporters. Turnover in the overall battery market in 2020 stood at…

Many German firms have no women on boards despite quota, study shows

Many German firms have no women on boards despite quota, study shows

Many German firms have no women on boards despite quota, study shows

German constitutional court puts ratification of EU recovery fund on hold

German constitutional court puts ratification of EU recovery fund on hold

German constitutional court puts ratification of EU recovery fund on hold