Vonovia shares fall after biggest ever loss

Construction workers are seen at a new condominium building project in Huerth, western Germany, on April 5, 2023. Ina Fassbender | Afp | Getty Images Shares of German property giant Vonovia fell more than 7% on Friday, shining a light on a deepening real estate crisis in Europe’s largest economy. The residential real estate company … Read more

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson. The Global Dividend Index report, published … Read more

Researchers Studied Man Who Said He Got 217 COVID Shots

A 62-year-old man who claims to have received 217 COVID-19 vaccinations shows no signs of adverse events linked to the shots and appears to have stronger immunity against the virus than others, researchers said as they cautioning others to not get more than the recommended vaccinations. In a study published Monday in the journal Lancet … Read more

Moscow warns of NATO-Russia conflict after European ground troops idea

Russian President Vladimir Putin speaks after signing bilateral documents with his Kazakh counterpart Kassym-Jomart Tokayev in Astana, Kazakhstan, on Nov. 9, 2023. Turar Kazangapov | Reuters France’s suggestion that Ukraine’s allies could potentially send ground troops into Ukraine has caused indignation and outrage in Russia, with officials warning that it could provoke a direct conflict … Read more

German central bank losses soar, wiping out risk provisions

Joachim Nagel, president of Deutsche Bundesbank, during the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024.  Bloomberg | Bloomberg | Getty Images Losses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates, requiring it to draw on the … Read more

Tesla faces hurdle in Germany as locals vote against factory expansion

Employees of the Tesla Gigafactory Berlin-Brandenburg work on a production line of a Model Y electric vehicle on March 20, 2023. Patrick Pleuil | Picture Alliance | Getty Images Electric vehicle maker Tesla failed to secure a vote among locals in favor of authorizing a major factory expansion for the company’s battery and car assembly … Read more

Germany has taken in 1.1M Ukrainians and is running out of places to house them – National

The smell of rotten, boiled eggs stands out in Kateryna’s memory of her six months living at a refugee camp in Berlin. “When you peel them, the smell is horrible,” she said. “The yolk is black.” She has a collection of photos and videos of inedible food on her phone that she says was served … Read more

Trump will quit NATO, Hillary Clinton says, as U.S. commitment in question

Former U.S. President and current GOP Presidential candidate Donald Trump addresses the press at Mar-a-Lago on February 16, 2024, in West Palm Beach, Florida. Joe Raedle | Getty Images News | Getty Images MUNICH, Germany — NATO members on Saturday weighed the U.S.’ possible withdrawal from the military alliance if Donald Trump returns to the … Read more

Germany’s Defense Minister Boris Pistorius says 2% defense spending just the start

Germany’s defense minister said on Saturday that his country’s commitment to spend 2% of GDP on defense was just the starting point and that more would likely be needed. Earlier in the day, German Chancellor Olaf Scholz insisted that the 2% spending target would be met “in the 2020s, in the 2030s and beyond.” However, … Read more

Japan’s economy unexpectedly slips into recession, hurt by weak domestic demand

An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Manassanant Pamai | Istock | Getty Images Japan’s economy dipped into a technical recession, after unexpectedly contracting again in the October-December period, provisional government data showed Thursday. High inflation crimped domestic demand … Read more