EconomyMagazineGermany’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
BankingFeaturedDeutsche 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
FeaturedLogisticsKuehne + Nagel acquires Chinese freight forwarder Apex InternationalWebAdminFebruary 24, 2021 by WebAdminFebruary 24, 2021 Financial details of the deal are not disclosed... Read more
AviationFeaturedLufthansa 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
EconomyFeaturedGermany 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
FeaturedTechnologyIBM 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
Banking and FinanceMagazineIs Berlin turning into Europe’s fintech capital?WebAdminJuly 22, 2020August 11, 2020 by WebAdminJuly 22, 2020August 11, 2020 The UK’s draining talent pool as a result of Brexit is giving Berlin a competitive edge in Europe’s fintech community... Read more
AviationFeaturedAirbus to let go around 15000 employees as pandemic hits businessPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Most of the layoffs are expected to be in Europe... Read more
EnergyFeaturedSiemens to supply equipment for Petronas’ Gas Field Development ProjectPritam BordoloiJune 4, 2020 by Pritam BordoloiJune 4, 2020 The project is developed in the South China Sea, offshore Sarawak in Malaysia... Read more