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...Public Investment Fund bought a 49 per cent stake in Sir Rocco Forte’s luxury hotel group in December, with plans to double the chain’s size over the next five years.Munich-based Motel One has expanded from Germany...
...The disposal of overseas brands would allow Entain’s management to focus on revitalising operations in its core markets, such as the UK and Germany, where it has been losing market share....
...Letter in response to this newsletter: Africa investment story takes refreshing approach / From Jennifer Pryce, President & CEO, Calvert Impact, Bethesda, MD, US...
...The interactive games rooms run by AR company Immersive Gamebox will initially be rolled out in two of Merlin’s sites in Germany and Australia by the end of this year as part of a multimillion-pound licensing...
...“A large number” of inspectors from Germany, Europe’s largest inspectorate, are refusing to visit China for fear of arrest, according to the German Medicines Manufacturers’ Association (BAH)....
...Later, those far-roaming figures promised a kind of escape from the claustrophobia and surveillance of East Germany....
...Perenna borrowed ideas from Denmark, Germany and Verbeek’s native Netherlands to design its new product....
...oliver.ralph@ft.com...
...Germany’s Dax was up 1.2 per cent, while France Cac 40 rose 1 per cent. London’s FTSE 100 was flat in early trading....
...Wall Street’s S&P 500, the tech-dominated Nasdaq Composite, Japan’s Nikkei 225, Germany’s Dax and France’s Cac 40, among other indices, have all hit their highest-ever levels in recent weeks, amid hopes...
...In Germany, it was priced at €2.4mn....
...Germany’s BioNTech, which developed its own mRNA-based Covid vaccine with Pfizer, has also scaled back its African ambitions but has broken ground on a vaccine manufacturing site in Rwanda....
...There will be new exporters — countries with abundant renewables in the form of sun, wind or hydropower, such as Australia or some African countries — and new importers, such as Germany, with existing industry...
...Rational Group: Shares in the Germany-based kitchen equipment maker are the biggest risers on the Stoxx 600 index, up 7.2 per cent after an upbeat trading statement....
...unlikely coalition of tobacco control advocates and cigarette makers such as British American Tobacco both embraced a tax targeted at vapes — which has already been introduced in several EU countries, such as Germany...
...US-based Thermo Fisher, Catalent and Simtra, as well as Germany-based Vetter, control more than half of the injectable fill-finish outsourcing market, according to internal estimates from one contract manufacturer...
...A Munich court ordered the release of Wirecard’s former Dubai-based manager Oliver Bellenhaus from police custody after more than three years, leaving the failed payment group’s former head Markus Braun...
...Lilly has invested billions of dollars to grow production capacity for its weight-loss treatments across sites in Germany, North Carolina and its home state of Indiana but Ricks said the company was a “long...
...Where the real shitshow is going to be is specifically in Germany, and in offices.”...
...“The rise in expectations is better than expected, and the German economy is bottoming out,” said Oliver Rakau, chief German economist at Oxford Economics....
...moment signified that “the capability and capacity to build mega-cruise ships in China” had become reality, said Alexis Papathanassis, professor of cruise tourism management at Hochschule Bremerhaven in Germany...
...Countries such as Germany dropping subsidy schemes hasn’t helped. But as sticker prices decrease, more drivers should still convert....
...Meanwhile, Entain is struggling with declining market shares for its US joint venture BetMGM and falling online revenues in core markets, such as the UK and Germany, which culminated in a revenue warning...
...In the 1930s, as the USSR faced war with Nazi Germany, Stalin commissioned Sergei Eisenstein to make Alexander Nevsky....
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