Germany

To gain an edge, this is what you need to know today. Stock Buying Tempered Please click here for a chart of FedEx Corp (NYSE: FDX). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of FDX is being used to illustrate the...

A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany's Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche Bank’s (NYSE: DB) DWS Group, Dutch market maker Flow Traders Ltd.,...

In a surprising turn of events, the Euro Zone is predicted to face its first recession since the global pandemic, with economists forecasting a contraction in the economy for the second quarter in a row, as per a recent Bloomberg survey. What Happened: A Bloomberg report on Dec. 11, 2023, revealed...

To gain an edge, this is what you need to know today. Goldilocks Please click here for a chart of Germany’s DAX futures (NASDAQ: DAX). Note the following: Germany is the economic engine of Europe. The chart shows a very strong stock rally in Germany. RSI on the chart shows that...

The EU faces a significant tech challenge. Countries like France, Germany, and Italy oppose a proposed artificial intelligence (AI) legislation, aimed at regulating foundational AI models. Amnesty International's Secretary-General Agnes Callamard urged France, Germany, and Italy to reconsider...

The digital asset investment sector experienced a significant surge last week, with inflows totaling $346 million, marking the largest weekly inflows during a nine-week consecutive run. This increase was primarily fueled by the anticipation of a spot-based exchange-traded fund (ETF) launch in the U...

Black Friday, one of the busiest shopping days of the year, may face significant disruption in Germany as trade union Verdi calls for a strike at multiple Amazon Inc. (NASDAQ:AMZN) distribution centers, What Happened: As per a Reuters report, Verdi has requested its members to...

In a move that could significantly influence the cryptocurrency landscape, German lawmaker, Joana Cotar, is spearheading an initiative to establish Bitcoin (CRYPTO: BTC) as a legal tender in the country. What Happened: As reported by Cointelegraph, Cotar, who is a member of the German Bundestag,...

U.S.-regulated cryptocurrency custody firm, BitGo received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). The firm already stored crypto assets under the regulator's supervision since 2019 as part of a transitional regime. BitGo’s step, as...

In a recent parliamentary address, German Chancellor Olaf Scholz committed to partnering with Israel to provide aid to Gaza. As per a report by DW, Scholz reassured lawmakers of Germany’s support for Israel. He emphasized that assistance must be extended to Palestinians who are...

As part of Coinbase Global Inc.'s (NASDAQ: COIN) international market strategy, “Go Broad, Go Deep,” the exchange selected Germany as its base of operations for enhanced product offerings across Europe. This is part of the company’s Phase II of its international strategy...

Volkswagen’s most significant electric vehicle (EV) production facility in Europe is bracing for potential job cuts due to decreased demand. A staff meeting is scheduled for Thursday to convey this news to the employees, according to a report by Electrek. The Volkswagen (...

Airbus SE (OTC: EADSY) (OTC: EADSF) received orders for two five-bladed H145 helicopters from Germany’s Interior of Lower Saxony and Mecklenburg-Western Pomerania ministries.  The orders follow a joint European tender that was launched in August 2022. “The H145...

There is a buzz in the world of electric vehicles as Rimac's Nevera EV surpassed Elon Musk‘s Tesla Inc.'s (NASDAQ:TSLA) Model S Plaid’s record at the iconic Nürburgring race track in Germany. What Happened: Croatian carmaker Rimac’s Nevera broke the previous EV production lap...

In a bold move that could redefine Germany’s automotive landscape, Tesla Inc. (NASDAQ:TSLA), steered by the visionary Elon Musk, is gearing up to double the size of its Berlin factory. The ambitious plan aims to churn out up to one million electric vehicles annually, potentially transforming...