Germany ► - Page 2

German sportswear retailer, Puma, stated that its sales growth and profits suffered a substantial impact due to Argentina’s drastic currency devaluation in 2023. (Photo: Puma)

3 min read

Puma’s financial results hit by Argentina’s currency devaluation

Post Date 01/24/2024

German sports apparel retailer Puma announced today that its financial results for the fourth quarter of 2023 and the full year were impacted by Argentina’s [more…]

Oct. 30, 2023 - Amidst a challenging landscape, Germany's economy exhibits resilience in Q3 2023. (Photo: GS)

2 min read

Germany Investing & Markets

Germany’s economy shows flexibility in Q3 2023 during challenging times

Post Date 10/30/2023

In the face of mounting economic challenges, Germany demonstrated its resilience in the third quarter of 2023. Despite lower household consumption and initial concerns of [more…]

Despite facing a minor decline in its return on sales, Porsche AG, renowned for its opulent automobiles and close affiliation with Volkswagen, managed to achieve a remarkable upswing in both revenue and operating profit during the initial nine months of this year. (Photo: Porsche)

3 min read

Germany Investing & Markets

Porsche AG’s resilience shines in 2023 amid industry challenges

Post Date 10/25/2023

In a recent announcement, Porsche AG confirmed its 2023 guidance, showcasing robust financial performance and unwavering confidence in the face of challenges. The German sports [more…]

Germany's manufacturing and services decline signal troubling economic trend. (Photo: Reuters)

3 min read

Germany Investing & Markets

Recession looms as business activity contracts in Germany for fourth consecutive month

Post Date 10/24/2023

Berlin, Germany – Business activity in Germany has taken a somber turn as it contracted for the fourth consecutive month in October, hinting at the [more…]

Berlin, Germany - Mall of Berlin, a shopping mall with its minimalistic & elegant design and hundreds of stores is your one-stop shopping destination when in Berlin. (Photo: Travel Triangle)

4 min read

Germany Investing & Markets

Europe experiences a significant decline in inflation, providing a ray of optimism amid the looming specter of rising oil prices

Post Date 09/29/2023

In September, the persistent inflation troubling Europeans took a notable nosedive, sparking optimism that consumers may eventually find relief from the burden of more expensive [more…]