German Import Prices Lower
The import prices in December 2023 were 8.5% lower compared to December 2022, marking the strongest decline since 2009. The annual average for 2023 showed a decrease of 8.3% compared…
German Retail Weak in 2023
According to the German Federal Statistical Office, the retail turnover in Germany in 2023 was 3.3% lower than in 2022. The Christmas season was weaker compared to the previous year.…
CA Immo Sees Revaluation Loss
CA Immo expects a net property revaluation loss of around EUR 530 million for the 2023 financial year due to a weak market environment. Despite a successful operating year, a…
ECB Looks at Climate Risk
The European Central Bank (ECB) is increasing its focus on climate-related risks and the green transition. The ECB will review its climate actions regularly and has identified three focus areas…
eCanter for Hong Kong
(Leinfelden-Echterdingen, Germany) Daimler Truck AG Tuesday announced the market launch of the Next Generation eCanter in Hong Kong. This latest version of the all-electric light-duty truck is set to be…
Castor Beans Yield Higher in BASF Project
BASF SE, a leading chemical company and DAX30 stock, said sustainable farming proved to be more productive in dry soils during a seven-year project dubbed "Pragati".
German Economy Shrinks
The German gross domestic product (GDP) decreased by 0.3% in the fourth quarter of 2023 compared to the previous quarter. The overall economic performance in 2023 also decreased by 0.3%.…
E.ON Launches Fund to Digitize the Energy Transition
the fund targets start-ups and scale-ups that are at the forefront of developing and implementing digital solutions to facilitate the energy transition
Zurich Sale of German Life Legacy to Viridium Group Falls Through
Despite this setback, Zurich remains dedicated to resolving the future of the Zurich Life Legacy portfolio.