Frankfurt News

News

Deutsche Bank chief warns of ’zombie’ firms in pandemic

A large number of so-called zombie firms in Germany would have ’a serious impact on the productivity of our economy,’ Christian Sewing said in a speech in Frankfurt

1 min read2 Sep 2020
Auto News

Carmakers turn on style to switch SUV fans to EVs

Germany’s premium automobile makers are now marketing electric cars as their flagship modelsA generation of new CEOs at automakers are attempting to recast the auto industry’s image with fresh modern designs and vehicles that pollute less

3 min read10 Sep 2019
Auto News

Frankfurt auto show: Mercedes unveils an electric sibling for S-Class

Mercedes outlines a real-world driving range of 700 kilometers, and a battery that can charge to 80% in less than 20 minutesThe car also offers highly-automated driving on highways

1 min read10 Sep 2019
Auto News

Tata’s JLR unveils new Land Rover Defender at Frankfurt auto show

The new Land Rover Defender will sell for £35,000 plus sales tax, less than some analysts expected, while a longer wheelbase model starts at £45,000The Defender retains many traditional design elements and claims industry-leading off-road capabilities, with modern twists like a plug-in electric option

2 min read10 Sep 2019
Companies

Deutsche Bank’s Frankfurt HQ searched in Panama Papers probe

Deutsche Bank says police are investigating at several German locations in relation to Panama Papers, and that it is fully cooperating with authorities

1 min read29 Nov 2018
Market

JPMorgan leads $283 billion Brexit shift to Frankfurt

Goldman Sachs, JPMorgan, Morgan Stanley and Citigroup have presented plans to increase assets held through their Frankfurt subsidiaries tenfold after Brexit to comply with the requirements

2 min read11 Nov 2018
Companies

UBS picks Frankfurt HQ as bank prepares for no-deal Brexit

UBS has made preparations for the worst-case scenario of Britain crashing out of the bloc without a trade deal, CEO Sergio Ermotti says

2 min read17 Sep 2018
Companies

‘No regrets’ for $63 billion Monsanto purchase, says Bayer CEO Baumann

While acquiring Monsanto made Bayer the biggest seed and agricultural-chemicals maker in the world, the purchase has been dogged by a series of challenges from regulators and legal pitfalls

2 min read5 Sep 2018
Mint-lounge

Book Fair: When fair isn’t foul

The New Delhi World Book Fair remains a reassuring presence for book lovers

2 min read9 Jan 2018
Market

Dow drifts to record as bitcoin tumbles on South Korean curbs

US stocks have been boosted all year by an improving labour market, anticipation of the massive US tax cut plan that was signed into law last week by President Donald Trump

1 min read29 Dec 2017
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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