Search Results for: German market
Swiss banks win German market access after long-running tax tiff
July 17th, 2015
Swiss banks can more easily take on clients in neighbouring Germany, the Swiss government said on Thursday, after a deal that ends a lengthy standoff between the two countries over hidden offshore accounts. Germany’s wealthy have traditionally been the ...
German supervisory authority warns for the Forex provider XMarkets
July 12th, 2018
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued a warning to inform investors and public that the operator of “XMarkets” (Celestial Trading Ltd.) has no authorisation pursuant to section 32 of the German Banking Act. ...
Supermarket Giant is Suing German Supermarket Chain Lidl
July 6th, 2017
Supermarket giant Kroger is suing a newly-established rival, Lidl, for trademark infringement just two weeks after the German-based chain opened its first stores in the U.S. A lawsuit filed in the U.S. District Court in the Eastern District of ...
Greek proposal lifts markets, despite German rejection
February 19th, 2015
A Greek proposal to extend its bailout and not to undermine agreed fiscal targets lifted European stocks to seven-year highs on Thursday and cut government borrowing costs across the euro zone, even though Germany rejected it. Despite the German rejection, Greece’s wording of ...
Oil rises $2 as dollar eases, market wary of Fed
July 26th, 2022
Oil prices rose about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. ...
Germany puts ex-Audi CEO on trial over ‘dieselgate’
September 30th, 2020
Five years after “dieselgate” emissions cheating revelations rocked the car industry, ex-Audi CEO Rupert Stadler on Wednesday becomes the first top executive to stand trial in Germany. Stadler, 57, faces charges of “fraud, falsifying certifications and false advertising”, according ...
European markets look set to start the week on a positive note
August 24th, 2020
European stocks are expected to open in positive territory Monday as investors weigh the latest financial, geopolitical and coronavirus news worldwide. London’s FTSE is seen opening 31 points higher at 6,025, Germany’s DAX is seen 67 points higher at ...
Europe Bails Out Its Failed States with “Common” (i.e., German) Bonds
July 22nd, 2020
The “European Project” was designed with something like the current crisis in mind. The adoption of a common currency was just the first, politically easiest, step in a process that would eventually – its architects hoped – culminate ...
European markets climb as more restrictions are lifted
May 5th, 2020
The pan-European Stoxx 600 climbed 1.4% by early afternoon, oil and gas stocks surging 5.2% to lead gains as all sectors and major bourses traded in positive territory. European markets are paying close attention to coronavirus developments and the ...
Bank of England cuts rates, and stock markets rise
March 11th, 2020
European markets opened higher on Wednesday despite a lackluster performance in Asia. Still, futures markets indicated that Wall Street could be in for a tough opening. Major indexes in London, Frankfurt and Paris opened 1.8 percent higher, shortly after ...
