‘They Fire, We Hire’ – Germany Seizes On Silicon Valley’s Gloom
Faced with a tight labor market and a shortage of workers with essential software engineering skills, some German firms are considering thousands of job cuts in Silicon Valley as an ...
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Tag: Germany
Bitcoin Nodes Data: Frankfurt Hosts The Biggest City-Wide Network
Distributed across 5,773 cities globally, more than 60% and 14% of the Bitcoin nodes run on IPv4 and IPv6 protocols, respectively, while over 25% operate anonymously on .onion. While the ...
German Businesses Anticipate Just Mild Recession As Disruptions Subside
German firms anticipate only a mild recession in 2023 despite headwinds from the energy crisis, a tepid global economy, and raw material shortages, a survey of large associations published by ...
ECB Cautions Of Losses As It Suffers From Decade Of Money Printing
The European Central Bank warned on Tuesday that it might suffer a loss as rising inflation forces it to hike interest rates and pays the price of a decade of ...
Deutsche Bank Warns Of Dangers In Borrowing From U.S. Lenders
Germany’s Deutsche Bank (DBKGn.DE) has a stern warning to European firms borrowing from U.S. lenders: They will abandon you when times get hard. The warning, explained in an interview with ...
China Insists US Has No Right To Interfere In Hamburg Port Deal
The United States has ‘no right’ to interfere in Chinese cooperation and partnership with Germany, according to China's foreign ministry. The ministry spoke on November 3 after Washington cautioned against ...
EU Wants To Cap ‘Excessive And Volatile’ Gas Prices This Winter
Policymakers seek to protect households from the worst of the impact of the Russia-Ukraine war The European Union has proposed a cap on “excessive and volatile” gas prices this winter ...
Gazprom Said Nord Stream 1 Reopening Hinges On Siemens Energy
Summary Gazprom says the ball is in Siemens Energy's court Siemens Energy: we do not comprehend Gazprom Siemens Energy: not contracted to do maintenance Germany considering energy rationing Russia: We'll ...
Lufthansa To Delay 800 Flights On Friday Owing To Pilots’ Strike
Summary 130,000 passengers were possibly affected by the strike on Friday Talks necessary now - airline spokesperson Stocks drop after strike announced Germany’s Lufthansa (LHAG.DE) said it will be forced ...
Puma Raises Revenue Projection After A Strong Q2 Report
Summary Q2 EBIT grows 34.4% y/y to 146 million euros Surpasses 2 bln euros in quarterly sales for the first time Raises full-year 2022 revenue outlook CEO says the company ...