Former IMF chief and German president Horst Kohler dies at 81 February 1, 2025 Horst Kohler, a former head of the International Monetary Fund (IMF) who became a popular German president, has died aged 81. Kohler, who was head of state from 2004 to 2010, died on Saturday morning in Berlin after a short illness, surrounded by his family, the office of current German President Frank-Walter Steinmeier said in [...]
Nvidia tanks as Chinese AI startup Deepseek spooks global markets January 27, 2025 Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
Avoid Tesla, Intel, oil and German equities in 2025 say analysts January 3, 2025 Wall Street analysts have pencilled in strong gains for equity markets in 2025, following a robust performance in 2024. However, while analysts are optimistic about the outlook for the market as a whole, there are some assets Wall Street believes will underperform in the year ahead. Here are the four assets analysts are advising investors [...]
Elon Musk causes uproar by backing German far-right party ahead of key elections December 29, 2024 Germany is to vote in an early election on February 23 after Chancellor Olaf Scholz’s three-party governing coalition collapsed last month.
From Trump to COP: A look ahead to the political year in 2025 December 29, 2024 After a whirlwind of a political year in 2024, with elections in the US, UK and across much of the globe, 2025 is already shaping up to be another momentous 12 months. From the return of President Donald Trump to the White House in January, to the challenges ahead for Prime Minister Sir Keir Starmer, [...]
Thatchers’ cloudy lemonade trademark row with Aldi back in court December 17, 2024 British cider brand Thatchers is back in court today as it seeks to overturn a ruling that said Aldi did not infringe its trademark over its cloudy lemon cider
What does the collapse of the French government mean for Britain? December 9, 2024 The balance of power is shifting in Europe following the collapse of the government in France, and the winners will be those countries most responsive to change, says Doug Stokes The collapse of the French government last week follows a shift in the balance of power within European politics. The UK must act with caution. [...]
London coaxes bankers back from political chaos in Europe December 8, 2024 Political chaos across Europe is pushing bankers to stay in London rather than follow through on plans to move to the continent. Following Brexit, many bankS began shifting certain roles across the channel, sometimes due to requests from European regulators, and sometimes to stay better connected to the continent. A senior banking source told the [...]
Segro backs down from Tritax bidding war amid asset buying spree November 12, 2024 Segro has failed to up its offer for a takeover of Tritax Eurobox despite being outbid by Brookfield, leaving the latter victorious in the bidding war. Despite failing to successfully take over the real estate investment trust, Segro said today that it had bought about a third of Tritax Eurobox’s assets for 470m euros (£389m). [...]
Eurozone grows twice as fast as expected as Germany dodges recession October 30, 2024 New 'flash' figures released by Eurostat showed that the bloc grew 0.4 per cent between July and September, accelerating from 0.2 per cent in the second quarter.