Germany Revoked ‘Suspicious’ Carbon Credits Bought by ExxonMobil
(Bloomberg) — A carbon-credits project funded by ExxonMobil Holdings Corp. was among dozens found by German authorities to…
Allianz Partners to cut up to 1,800 jobs as AI adoption accelerates
Allianz Partners is planning to reduce its workforce by 1,500–1,800 positions as the German insurer’s business expands its…
Germany may be searching its supply chains for leverage on China. Will it find any?
Officials in Berlin are reportedly mapping out industries where China is still dependent on German suppliers, as they…
Deutsche Bank Traders See Revenue Jump to Beat Wall Street
(Bloomberg) — Deutsche Bank AG’s revenue from fixed-income trading jumped in the second quarter as the unit outperformed…
SAP Q2 Cloud Revenue Surges 24%, Tops Estimates; Full-Year Profit Outlook Raised as AI Contribution Remains “Negligible” — BigGo Finance
German software giant SAP SE (SAP) reported second-quarter cloud revenue growth that exceeded market expectations, driven by the…
Germany recorded 5,000 excess deaths in late-June heat wave
Germany recorded more than 5,000 excess deaths during the late-June heat wave, according to preliminary data from the…
AI Productivity Gains Are Years Away, Deutsche Bank’s Reid Says
(Bloomberg) — Artificial intelligence is likely to enhance productivity signficantly but any such impact on economies may still…
Fed Officials’ Rare Collective Silence: Deutsche Bank Warns Historical Pattern Signals Policy Inflection Point — BigGo Finance
Following the Federal Reserve’s June FOMC meeting, a striking phenomenon has emerged: officials have gone almost completely silent.…
Bayer Shares Hinge On Two Court Decisions After $60 Billion Rout
(Bloomberg) — Bayer AG shares are facing a make-or-break few weeks, with two upcoming court developments key to…
Private Markets Elite Gather in Berlin With Not-So-Super Returns
(Bloomberg) — Private market dealmakers attending SuperReturn in Berlin this week are likely to be handed a short…
Bayer Gets Mixed Reception at Supreme Court on Roundup Suits
(Bloomberg) — The US Supreme Court gave Bayer AG a mixed reception on its bid to stop tens…
Deutsche Bank Raided Over Late Filing of AML Report
(Bloomberg) — Deutsche Bank AG was raided by German authorities on Wednesday as part of a money laundering…