Featured HealthcareBioNTech’s Covid-19 vaccine success to boost domestic economyWebAdminAugust 12, 2021 by WebAdminAugust 12, 2021 The biotechnology firm can boost Germany’s economy by 0.5% points this year... Read more
Featured HealthcareMainz-based BioNTech to develop malaria vaccines with mRNA techWebAdminJuly 28, 2021 by WebAdminJuly 28, 2021 The same technology was used to develop the Covid-19 vaccine... Read more
Featured TechnologyChipmaker GlobalFoundries plans to invest $6 bn to expand in SingaporeWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The US-based company will allocate the fund in order to fight chip shortage... Read more
Economy MagazineGermany’s Indo-Pacific strategyWebAdminApril 1, 2021April 8, 2021 by WebAdminApril 1, 2021April 8, 2021 Germany aims to strengthen its trade and investment linkages with Australia, New Zealand, India, ASEAN, Japan, and South Korea... Read more
Banking FeaturedDeutsche Bank branch closure could see 450 people lose their jobWebAdminFebruary 26, 2021 by WebAdminFebruary 26, 2021 The bank is also planning to eliminate 20% of its workforce in a four-year restructuring plan... Read more
Featured LogisticsKuehne + Nagel acquires Chinese freight forwarder Apex InternationalWebAdminFebruary 24, 2021 by WebAdminFebruary 24, 2021 Financial details of the deal are not disclosed... Read more
Aviation FeaturedLufthansa cuts losses to $1.2 mn every two hours: CEOPritam BordoloiJanuary 22, 2021 by Pritam BordoloiJanuary 22, 2021 At one stage last year, the carrier was recording twice the losses... Read more
Economy FeaturedGermany to sell record amount of federal debt in 2021International Finance Business DeskJanuary 8, 2021 by International Finance Business DeskJanuary 8, 2021 The Federal Finance Agency is also planning to sell a maiden 30-year green bond in May and a maiden 30-year conventional bond in September... Read more
Featured TechnologyIBM prepares to slash 10k jobs; affecting Germany and UKInternational Finance Business DeskNovember 27, 2020 by International Finance Business DeskNovember 27, 2020 The implementation of job cuts will allow the company to lower costs ahead of its spinoff... Read more
InsuranceAllianz and CIB Egypt to provide insurance against online banking servicesPritam BordoloiAugust 10, 2020 by Pritam BordoloiAugust 10, 2020 The insurance will also cover damages to digital property, business interruption, and investment expenditures... Read more