BankingFeaturedDeutsche Bank acquires Berlin-based payment service provider Better PaymentIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The deal is expected to help Deutsche expand its market share in the fast-growing online payment processing market... Read more
ExclusiveFinanceCash is no longer the most-favoured mode of payment in GermanyIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 Contactless payment increased by nearly 40% since the pandemic... Read more
FeaturedHealthcareBioNTech’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
FeaturedHealthcareMainz-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
FeaturedTechnologyChipmaker 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
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