The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it Read more
Tag: germany
Medical cannabis maker Cantourage surges in Frankfurt debut
Medical cannabis maker Cantourage soared in its debut in Frankfurt on Friday. With the ticker symbol “HIGH,” shares of the Berlin-based company HIGH, +136.11% rose as high as €19.70 after Read more
UBS offices in Germany raided, allegedly over ties to Russian oligarch
Officials in Germany on Tuesday searched the Munich and Frankfurt offices of Swiss banking giant UBS Group AG, a move that some media reports said was linked to ties with Read more
UBS offices in Germany raided over ties to Russian oligarch: report
Officials in Germany on Tuesday were searching Munich and Frankfurt offices of Swiss banking giant UBS AG UBS, UBSG, -0.03% over possible ties to a Russian oligarch, Bloomberg and Reuters Read more
Germany may need an additional $39 billion to save Uniper collapse: report
The German government may pump another €40 billion ($39 billion) in soon-to-be nationalized German gas importer Uniper to save it from collapse, according to a report from German newspaper Handelsblatt. Read more
Germany trade surplus narrowed sharply in August as export growth slowed
Germany’s trade surplus narrowed more than expected in August as exports rose at a slower pace than imports. The country’s balance of exports and imports of goods–was 1.2 billion euros Read more
Germany close to finalizing deal to nationalize Uniper
The German government is reportedly close to fully nationalizing gas producer Uniper to save it from collapsing, Bloomberg reports. Uniper UN01, +2.98%, its main shareholder Finnish state-owned energy company Fortum Read more
Germany economics minister says natural gas storage nearly at 90%, but will be ’empty’ after winter
Germany’s economy minister reaffirmed on Monday that the country’s effort to get its natural gas storage tanks is going well, but that’s just enough for one winter. “If everything goes Read more
Germany takes over subsidiary of Russian oil giant Rosneft
BERLIN (AP) — The German government says it is taking control of Russian oil giant Rosneft’s subsidiary in Germany, citing the need to ensure continued operations at three oil refineries Read more
Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble
There are few companies with more at stake from Russian natural-gas flows into Germany than the chemicals sector. Shares of chemicals companies including BASF XE:BAS, Lanxess XE:LXS and Covestro XE:1COV Read more
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