Search Results for: German
Shareholder lawsuit against Volkswagen in Germany
October 9th, 2015
US litigation powerhouse Quinn Emanuel Urquhart & Sullivan has been instructed in a shareholder lawsuit against car maker Volkswagen (VW) after the company lost as much as $33bn in market value in ten days after it admitted to cheating emissions tests. ...
Equity rally stalls as German data casts cloud over global growth
October 8th, 2015
Global stocks traded just off three-week highs on Thursday after unexpectedly weak trade and machinery orders data from Germany and Japan hinted at a stalling in the momentum of some of the world’s biggest economies. An oil price bounce, ...
German Exports Slump Most Since 2009 Recession in Sign of Risks
October 8th, 2015
Foreign sales fall 5.2% in August versus estimated 0.9% drop Imports down 3.1%, trade balance shrinks to EU15.3 billion German exports slumped the most since the height of the 2009 recession in a sign that Europe’s largest economy is ...
Bitcoin exchange Cubits launches instant no-fees crypto donation service for refugees arriving in Germany
October 7th, 2015
German bitcoin exchange and wallet provider Cubits is offering a charitable donation service in Bitcoin, to help deal with the current refugee crisis in Europe – minus credit card transaction fees. Cubits has done tie-ups with four refugee charities ...
Volkswagen tells German parliament 8M cars have been fitted with emissions cheat device in EU alone
October 6th, 2015
Volkswagen has admitted that eight million cars in the European Union alone have been fitted with software to cheat emissions tests. The carmaker sent a letter to German parliament members on 2 October, co-signed by VW’s current chief lobbyist, and former government spokesperson, ...
From Volkswagen to China: What Might Derail Germany’s Growth
October 5th, 2015
German economy seen expanding 1.9% in 2015 and 2% in 2016 Focus on domestic demand amid vulnerable export outlook Europe’s economic powerhouse is facing a test of might. Germany’s trademark industrial prowess has been called into question by Volkswagen AG’s ...
Volkswagen bigger risk for Germany than Greek crisis
September 24th, 2015
Volkswagen could pose bigger threat to German economy than Greek crisis The Volkswagen (VOWG_p.DE) emissions scandal has rocked Germany‘s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to ...
There Are Indications That A Major Financial Event In Germany Could Be Imminent
September 22nd, 2015
Is something about to happen in Germany that will shake the entire world? According to disturbing new intel that I have received, a major financial event in Germany could be imminent. Now when I say imminent, I do not ...
G20-Germany urges more Islamic finance integration globally
September 7th, 2015
Islamic finance is increasingly important in the global economy and needs to be better integrated into the international financial system, German Finance Minister Wolfgang Schaeuble told a meeting of the Group of 20 leading economies on Saturday. Islamic finance, ...
India And Germany To Share More Information On Tax
September 1st, 2015
The governments of India and Germany have agreed to continue negotiations on a partial revision of their bilateral double tax avoidance agreement with a view to introducing automatic exchange of tax information, the Indian Government has announced. As part ...
