European equities fell from record highs as investors became concerned about valuation levels in the technology sector, with Zalando shares declining notably.
Waymo, a subsidiary of Alphabet Inc., has registered a German entity as part of its strategy to expand its driverless robotaxi services into Europe, starting with Germany.
German trade union Verdi has filed a complaint with BaFin (German financial regulator) regarding UniCredit’s conduct in its attempted takeover of Commerzbank. The union criticizes UniCredit’s approach as damaging market confidence. Commerzbank disputes the Italian bank on a material point related to the acquisition process.
The KfW-55 energy efficiency funding program for new construction projects is making a comeback in 2026 with a larger pool of subsidy funds. The article discusses which conditions applicants must meet and emphasizes the importance of submitting applications quickly.
German auto supplier Aumovio faces difficulties in securing memory chips for next year due to increased demand from artificial intelligence companies. CFO Jutta Doenges discussed the supply chain challenges at the Bloomberg New Voices event in Frankfurt.
An investigation into a criminal network that allegedly used the German payment industry as a vehicle for fraud, with involvement of former Unzer leadership. The scheme is referred to as ‘Operation Chargeback’ and involved creating a shadow system within the legitimate payment infrastructure. The accused parties deny involvement.
The German cooperative banks association (BVR) has set a strategic goal to increase membership among its customer base to 75% over the coming years, with particular emphasis on attracting younger banking customers.
Ship insurers, including industrial insurer Allianz Commercial, are facing significant claims from the Iran conflict. More than 1000 ships remain stranded in the Persian Gulf, with insurers expecting substantial damages.
German defense contractor Rheinmetall experienced a significant stock market decline, its worst performance in 30 years, causing a broader selloff in the European defense sector with other companies like Spain’s Indra also falling.
Girocard, Germany’s most widely used payment card, is rolling out new features to be integrated into merchant mobile apps as an alternative payment method. The feature aims to keep Girocard competitive in the digital payments landscape, though consumers will need to wait for full availability.