The German government is currently preparing new investments in the country’s semiconductor industry two months after Intel Corp. shelved intentions related to the construction of a chip manufacturing plant worth 30 billion euros ($32 billion) in Magdeburg.
Berlin-based startup Tourlane, which operates in the area of travel, raised investment funds for 25 million euros ($26 million).
Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.
In Germany, an increase in factory orders was recorded in September.
On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.
In Germany, in September, the harmonized consumer price index showed a decline, ending up at 1.8%.
The media reports that the venture capital company Capmont Technology, which is based in Munich, has launched a fund worth $111 million.
Italian UniCredit on Wednesday, September 11, announced the acquisition of a 9% stake in German Commerzbank.
In August, Germany recorded a slowdown in the inflation process to the target level of the European Central Bank (ECB).
On Wednesday, August 28, the results of a special survey were published, according to which last year in Germany, local companies faced financial losses of 267 billion euros ($298 billion) as a result of crimes committed in virtual space and other acts of sabotage.
Germany’s business outlook continues to be at a low level, currently being minimal since February.
Taiwan Semiconductor Manufacturing Co. (TSMC) has broken ground its first production site in Europe.
Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.
The company Black Semiconductor, which is based in Germany and develops graphene-based technology for connecting chips, was able to raise investment funds for 254.4 million euros (about $273 million).
Amazon Web Services (AWS) on Wednesday, May 15, announced its intention to invest 7.8 billion euros ($8.44 billion) in Germany.
In Germany, a decrease in industrial output was recorded in March.
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