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Cycle, swim or sweat it out in Germany’s financial hub
Cycle, sail or sweat it out in the city that never sleeps
...Last year, DWS paid $19mn to settle charges with the US Securities and Exchange Commission about greenwashing, and an investigation by Frankfurt prosecutors into the allegations is ongoing....
...limited listing in the second board of Frankfurt”....
...This article is part of FT Globetrotter’s guide to Frankfurt In a 2022 article, the FT’s previous Frankfurt correspondent described Germany’s financial capital as “the perfect 15-minute city”....
...The rise took German exports up 3.2 per cent in the first three months of the year from the previous quarter, although they remained down more than 1 per cent from the first quarter of last year, according...
...In a last-minute deal struck in January, the City of Frankfurt agreed to sublet the space for the English Theatre from the building’s owner, CapitaLand....
...There were “a few” members of the governing council who argued in favour of cutting rates at last month’s meeting, citing the risk of inflation “undershooting” the bank’s 2 per cent target....
...ABOUT THE PHOTOGRAPHYTania Franco Klein is a Mexico City-based photographer. For this article, FT Weekend Magazine invited Klein to create fictional scenes that reflect aspects of this article....
...It lifted first-quarter growth in Eurozone retail sales to 0.1 per cent, helping gross domestic product in the bloc to expand 0.3 per cent from the previous quarter after a year of near-stagnation....
...Over the first three months of this year, French goods exports were up 0.7 per cent from the previous quarter, while imports declined 0.9 per cent....
...Thomas Schweppe, founder of Frankfurt-based investment adviser 7 Square, said that the stock’s poor performance reflected scepticism over “a challenged company that is listed in a difficult market environment...
...Frankfurt will host the EU’s new anti-money laundering agency, after winning a vote from EU parliamentarians and countries on Thursday....
...“German cities are getting greener and become more attractive places for shoppers to stroll around,” he said, adding that Intersport preferred these locations over shopping malls on the outskirts of cities...
...of 0.1 per cent....
...Their expectations also brightened,” said Clemens Fuest, president of Ifo....
...Tesla is cutting more than 10 per cent of its global workforce, potentially 13,000 jobs, as the worldwide electric vehicle slowdown and brutal price war hit the US automaker....
...The expansion of Spain’s gross domestic product in the first three months of the year from the previous quarter was above the 0.4 per cent forecast by economists, confirming the country’s place as one of...
...Thyssenkrupp’s chief executive Miguel Lopez said the partnership would allow the steelmaker to invest more and “reduce the cost of decarbonisation” in order to “accelerate the green transformation of the...
...Deutsche Bank reported its highest quarterly profit in 11 years in the first three months of 2024, as revenues were buoyed by strong fixed-income trading and M&A advisory operations while provisions for...
...final quarter of last year....
...It was the second month of solid growth for German industry after upwardly revised 1.3 per cent growth in January....
...Economists had expected growth of 0.1 per cent....
...But with policymakers expected to cut rates as early as June, some banks have started lowering the cost of mortgages and other loans....
...Business activity in the eurozone has picked up more than forecast, indicating the region is emerging from its recent period of stagnation, according to a closely watched survey of companies....
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