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2 mins read
Europe faces a 'full-blown recession' under Trump's tariffs, big bank says
Trump has pledged to launch fresh tariffs on imports into the US during his second term, which woul…
Polly Thompson,Will Martin
2 mins read
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
2 mins read
A German bank says it's preparing for the worst property crisis since '08 as commercial real estate distress spreads
German firm Deutsche Pfandbriefbank took steep losses on its loans in 2023, and it's bracing for an…
Phil Rosen
2 mins read
Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank
Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…
PTI
2 mins read
Inflation-hit Germans are demanding a legal cap on the price of a doner kebab. They're not joking.
German Chancellor Olaf Scholz said he is asked by young people about the price of a donor kebab "ev…
Mikhaila Friel
2 mins read
'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund
Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…
Matthew Loh
2 mins read
Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change
Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…
1 min read
German central bank believes retirement age must be linked to life expectancy
"With the longer working phase, employment is also rising in addition to individual pensions."…
2 mins read
Bike Bazaar raises $10 million in series D funding round from German investment firm DEG
Bike Bazaar, a two-wheeler financing company, said on Monday that it raised ₹82 crore ($10 million)…
2 mins read
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
3 mins read
We moved to Germany and my 3-year-old only spoke English. She quickly became fluent in German thanks to local education.
While living in Germany, it surprised me how different kindergarten was in the European country. My…
Sonia Villarreal
1 min read
Germans could switch to wood this winter to heat their homes as Russia withholds natural gas, Deutsche Bank says
Deutsche Bank expects gas demand to be 10% lower this year compared to 2021. The bank said wood cou…
Brian Evans
4 mins read
Deutsche Bank's former co-chief executive Anshu Jain played a big role in turning the German lender into a global investment bank
Anshu Jain passes away after years with stomach cancer, Ken Griffin wants interns to hustle, and Ca…
Aaron Weinman
1 min read
Deutsche Bank shares jump as the German investment bank plans to wind down Russian operations following backlash
"There won't be any new business in Russia," the investment banking heavyweight said in a statement.
Carla Mozée
3 mins read
Bank credit is shrinking for the first time since the Great Recession - and that's a red flag for the economy
Businesses are borrowing less, as the Federal Reserve's aggressive interest-rate hikes chip away at…
George Glover
2 mins read
IMF MD spells out policy priorities for shock-prone world
In a world marked by severe shocks, slow growth, and economic fragmentation, IMF Managing Director …
ANI
2 mins read
Deutsche Bank's UK boss says she wants investment banking graduates in the office 5 days a week, even as the company moves to flexible working
Tiina Lee, Deutsche Bank's UK CEO, said she wanted "grads in the office five days a week" - but thi…
Kate Duffy
2 mins read
Inflation in Germany could hit a 70-year high of 10% amid Russia's natural-gas squeeze, German central bank chief says
Germany's economy stagnated in the second quarter of 2023 while inflation rose to a 40-year-high of…
Huileng Tan
2 mins read
A Deutsche Bank board member advised Wirecard's former CEO to 'finish' the Financial Times, report says
Alexander Schuetz, the board member, is said to have exchanged a set of controversial emails with t…
Shalini Nagarajan
2 mins read
Deutsche Bank's 3-day-a-week return-to-office policy has been met with fierce criticism by staff who say there isn't enough space for everyone
Deutsche Bank employees are resorting to coming in at 7:00 a.m. to ensure they can find a desk, one…