Germany is considering the removal of its gold reserves stored in New York due to concerns over US President Donald Trump’s policy unpredictability, Yahoo News reported, citing German publication Bild. For decades, Germany has stored around 1,200 tonnes of its gold—about 30% of its total reserves—deep within the vaults of the US Federal Reserve in […]
Equities in Germany and France defy Trump’s tariff threat, emerge as standout performers – CNBC TV18
Global equity markets have been under pressure amid US President Donald Trump’s tariff policies. While the US market itself has lost nearly $1 trillion in market capitalisation this year, Indian equities have seen the sharpest decline, erasing over $1 trillion during the same period. According to Bloomberg data, beyond the US and India, Taiwan and […]
Paras Defence, BEL, HAL and more: 9 Indian companies that could benefit from Europe ramping up defence budgets – CNBC TV18
Indian defence companies Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, Paras Defence and others are expected to benefit from the European Union’s (EU) massive rearmament plan, according to a research note from Elara Capital on Thursday, March 6, 2025. The EU’s newly-announced €800-billion defence spending plan could lead to increased procurement of components and subsystems from […]
German Christmas Market Attack: Multiple injured, 2 dead as car drives into crowd in Magdeburg – CNBC TV18
A car drove into people at a Christmas market in the eastern German city of Magdeburg on Friday, December 20. Officials said they suspected it was an attack and that 60 people were injured, while 2 have died as a result. The driver of the car was arrested, German news agency dpa reported, citing unidentified […]
Germany overpower Canada to set up Davis Cup semi with Netherlands – CNBC TV18
Germany beat Canada 2-0 on Wednesday to reach the Davis Cup semi-finals where they will face the Netherlands who advanced with a stunning upset of hosts Spain. Without world number two Alexander Zverev, Germany went ahead when Daniel Altmaier beat Gabriel Diallo 7-6(5) 6-4 and Jan-Lennard Struff fought back to overcome Denis Shapovalov 4-6 7-5 […]
German parliamentary election likely in February as Olaf Scholz seeks confidence vote amid coalition collapse – CNBC TV18
German Chancellor Olaf Scholz is expected to ask for a vote of confidence in his government on December 16, paving the way for a new parliamentary election as early as February, German media reported Tuesday. The expected vote in the Bundestag would come well ahead of original plans, marking a step to reach compromise between […]
Volkswagen to shut three factories and cut pay by 10% as competition from BYD intensifies – CNBC TV18
Volkswagen AG’s top labour leader said Europe’s biggest automaker plans to close at least three factories in Germany as part of wide-ranging cost reductions to become more competitive. The plans also include pushing through universal pay cuts at the main VW brand of 10% and shrinking all remaining sites in the country, Works Council chief […]
India to host world no.2 Germany for two-match hockey series in New Delhi in October – CNBC TV18
The Indian men’s hockey team will take on Germany in a two-match bilateral contest at the Major Dhyan Chand National Stadium here on October 23 and 24, Hockey India announced on Tuesday. The last time India faced Germany was in the semi-final of the Paris Olympics, where the European giants emerged victorious by 3-2 margin. […]
Far-right AfD on track for its first win in eastern German state vote – CNBC TV18
The far-right Alternative for Germany is predicted to come first in at least one of two elections in eastern states on Sunday, piling pressure on Chancellor Olaf Scholz’s federal coalition over the economy, immigration and support for Ukraine. The 11-year-old AfD, which has greater support in the formerly communist-run east, will be unlikely to be […]