English | Financial news with a German perspective

The decision to reduce the dividend to the statutory minimum for three years also marks Bayer's departure as a reliable dividend payer.

Part of Germany's billion-dollar subsidies for hydrogen is in jeopardy. Due to suspicions of nepotism in the allocation of funding, the Federal Ministry of Transport has temporarily suspended new hydrogen projects.

Vodafone CFO Luka Mucic hopes to be able to finalise a deal in Italy "soon", but he is not necessarily aiming for a sale like the one in Spain. When it comes to the future allocation of capital, he makes it clear that there is no need for action in terms of debt and investments.

The termination of an advisory mandate hit the fund industry like a thunderbolt. It concerns an 8-billion-dollar product. Now, the opponents Acatis and Gané are at loggerheads.

The FDP is pushing for an economic turnaround in Germany. The Liberals are the ones in the coalition who need that most, politically.

The fund association BVI welcomes the revision of the regulations for the European Long-Term Investment Fund (Eltif) format. However, since many elements have not yet been finally clarified, the regulations still pose some challenges for asset managers and custodians.

It has now been four years since a right-wing terrorist violently took the lives of nine young people in Hanau. It was by no means an isolated incident, as became clear at the commemorative demonstration on the anniversary.

MEPs and the Council have decided: The European Union's new anti-money laundering authority is coming to Frankfurt am Main.

Former stock market darlings Zalando, Delivery Hero, and HelloFresh, which greatly benefited from the Covid-19 pandemic, have shrunk to mid-cap status. A return to their previous strength is not on the horizon.

The German Football League (DFL) discontinues negotiations with financial investor CVC for a multi-billion-dollar investment. This decision by the DFL's executive board comes in response to discussions and protests surrounding the deal.

SAP founder Dietmar Hopp is one of the most committed investors in German football. He paved the way for TSG Hoffenheim's rise to the Bundesliga. Last year, he returned the majority of shares to the club, out of respect for the 50+1 rule, as he stated.

PR expert Michael Sasse has ended his "fossil fuel era" as Head of Corporate Communications at Wintershall Dea. He wants to continue to actively promote democracy and diversity in a broad alliance of business, sport and culture.

Germany has surpassed Japan in GDP statistics, but the change in ranking is deceptive. Both countries are facing a recession. But while the debate over the appropriate response continues here, action is being taken in Japan.

Matt Christensen's interest in sustainability was sparked by his work in corporate valuation. He leads the department at Allianz Global Investors and is determined to drive change.

Low-cost textiles, cheap electric cars: Imports from China spark controversy, yet trade barriers are not an effective solution.

Commerzbank has to search for a new board member yet again. After less than three years, Jörg Oliveri del Castillo-Schulz, responsible for IT and Operations, is stepping down.

Commerzbank seeks to reinvent itself and reduce its dependence on interest margins. But investors remain unconvinced.

The investment firm categorizes the automaker as unsuitable for sustainable funds. A small action with significant impact.

The meeting scheduled for Thursday afternoon, February 22nd, will determine the host city for the new EU anti-money laundering authority, with 27 EU representatives and 27 national government delegates in attendance. While Frankfurt is a contender, the outcome remains more uncertain than in previous hosting decisions.

The first and perhaps decisive step has been taken: the CDU Executive Committee has nominated Ursula von der Leyen as a candidate for the office of EU Commission President for the 2024 to 2029 term of office – unanimously.

Industrial goods manufacturers are under pressure, experiencing decreasing profitability, liquidity shortages, and escalating costs. Despite these challenges, Patrick Widmaier from Alix Partners consulting emphasizes the importance of advancing transformation even in difficult circumstances.

The unclear tax classification as asset managers is putting the German mid-sized private equity scene in a bind. The public prosecutor's office in Munich has been investigating around 20 companies for years on suspicion of tax evasion.