DIRS.INFO The most relevant business & tech news

☆ Strikes hit building that houses empty German consulate in Kyiv, Berlin says
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 10 (Reuters) - A high-rise office building that houses a German consulate in Kyiv was hit during Russian missile strikes on Monday morning, the foreign ministry said, though no officials were present as the consulate has been empty for months since war broke out. "No work has gone on in the building for months," a foreign ministry spokesperson told a briefing, adding that the German government was in contact with officials in Kyiv to assess the extent of the damage to the site. Germany condemned the Russian strikes, which killed at least 10 people and were launched in retaliation for Ukrainian attacks, including on a bridge to Crimea. Ukraine's President Volodymyr Zelenskiy will address a virtual meeting of Group of Seven (G7) leaders on Tuesday. Separately at the same government briefing, the defence ministry spokesperson said Germany expected to deliver an air defence system to Ukraine very soon and deliver three more next year, without giving exact timelines.

☆ Swiss drugs regulator approves one of Pfizer's COVID-19 booster shots
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Oct 10 (Reuters) - Swiss drugs regulator Swissmedic said on Monday it had temporarily approved Pfizer's COVID-19 booster shot targeting the original and BA.1 Omicron coronavirus variants. Swissmedic added that the data currently available to it was not yet sufficient to make a decision on Pfizer's bivalent booster vaccine targeting the BA.4 and BA.5 Omicron variants. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray, editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.

☆ Siemens Energy CEO eyes chairman role at Gamesa - Handelsblatt
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 10 (Reuters) - Siemens Energy Chief Executive Christian Bruch is planning to take on the role of chairman of the board of directors at Siemens Gamesa once the takeover of the Spanish wind turbine maker has been completed, Handelsblatt reported, citing company sources. A Siemens Energy (ENR1n.DE) spokesperson declined to comment. Siemens Energy in May announced plans to bid 4.05 billion euros ($3.93 billion) for the remaining third of Siemens Gamesa (SGREN.MC) it does not already own, hoping to get a better handle on ongoing problems at the wind turbine maker. Register now for FREE unlimited access to Reuters.com RegisterIt is not uncommon for CEOs to take on the position of chairman at majority-owned subsidiaries that are listed on the stock exchange. ($1 = 1.0309 euros)Register now for FREE unlimited access to Reuters.com RegisterWriting by Rachel More and Christoph Steitz, editing by Kirsti Knolle and Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

An EU official said Austria was undertaking "diplomatic outreach" to potentially interested countries. Austria, Germany, Luxembourg, Portugal and Denmark jointly called for nuclear to be excluded from the rules last November when the EU was still drafting them. Ireland and Spain had also warned Brussels against labelling investments in gas as "green". Gewessler said labelling gas, a fossil fuel, as a green energy investment had damaged the credibility of the EU rules. Environmental campaigners including Greenpeace launched separate legal challenges last month against the rules, which they said violated the EU's own climate laws.

☆ Germany to deliver air defence system to Ukraine within days -defence ministry
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 10 (Reuters) - Germany will deliver the first of four IRIS-T SLM air defence systems to Ukraine within days, German Defence Minister Christine Lambrecht said on Monday. "The renewed missile fire on Kyiv and the many other cities show how important it is to supply Ukraine with air defence systems quickly," Lambrecht said in a statement. "Russia's attacks with missiles and drones terrorize the civilian population in particular. That is why we are now providing support especially with air defence weapons." read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Kirsti Knolle, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

For years, the LGBTQ+ community has had to focus more on survival than wealth-building. Why we need to build wealth in the LGBTQ+ communityIf you hear words like "wealth" and "investing" and cringe, you're not alone. Here's one: Wealth in our culture means security and power, and the LGBTQ+ community can wield those to make a difference. Here are some tips for building wealth within the LGBTQ+ community. Search for fee-only, fiduciary advisors in your ZIP code, and filter for terms like "LGBTQ family."

Latinos are underrepresented in the media industry workforce across film, radio, television, newspapers and digital platforms, according to the report. Latinos are 19% of the nation's population, almost 1 in 5 Americans, and 18% of workers outside the media industry. The largest percentage of Hispanic media industry workers were employed in service worker positions (19%) — which include food, cleaning and personal and protective services, according to the latest available reports submitted by media companies to the U.S. In positions that can influence the content audiences consume, Latinos were far less represented: They made up only 7% of professional media industry positions such as actors, producers, directors, writers, reporters and editors. When Latinos did see themselves represented in content, they felt "it was inaccurate" in most cases, de Armas said.

Of course we had a gut feeling - the feedback we got from investors was very positive," Blume said, speaking next to a Porsche Taycan parked outside the Frankfurt stock exchange. Register now for FREE unlimited access to Reuters.com RegisterPorsche AG's solid market debut came despite broadly weaker stock markets following red-hot German inflation data. In an interview with Reuters, Blume brushed aside concerns about his dual CEO role, saying it was not unusual to lead a brand and a company simultaneously. Looking forward, the sports car brand was focused on solving the last remaining software issues created by delays in the collaboration with Volkswagen's Cariad unit, setting out distinct strategies for Eastern and Western markets, Blume said. "I would not rule out that we would have technology that first arrives in the Chinese market and is then rolled out in other markets," he added.

☆ German economic institutes see 2023 contraction as gas crisis hits
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Sept 29 (Reuters) - Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 projection to -0.4% from 3.1%, they said on Thursday. The four institutes now expect 1.4% growth this year, down from 2.7% seen in the spring. "The crisis on the gas markets is having a severe impact on the German economy," said the four institutes - Munich-based Ifo, the Kiel Institute for the World Economy (IfW Kiel), the Halle Institute for Economic Research (IWH) and the Leibniz Institute for Economic Research (RWI). "Soaring gas prices are drastically increasing energy costs, leading to a massive reduction of the purchasing power," they added in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Klaus Lauer and Paul Carrel, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Germany agrees 200 bln euro package to shield against surging energy prices
▼ + stars: | 2022-09-29 | by ( Holger Hansen | ) www.reuters.com time to read: +2 min

REUTERS/Lisi NiesnerBERLIN, Sept 29 (Reuters) - German Chancellor Olaf Scholz set out a 200 billion euro ($194 billion) "defensive shield" on Thursday to protect companies and consumers against the impact of soaring energy prices. Europe's biggest economy is trying to cope with surging gas and electricity costs caused largely by a collapse in Russian gas supplies to Europe, which Moscow has blamed on Western sanctions following its invasion of Ukraine in February. To this end, we are setting up a large defensive shield," said Scholz, outlining the package. Finance Minister Christian Lindner has previously said he wants to comply with the limit next year. However, the need for the levy came into question after the government's decision to nationalise Uniper (UN01.DE), Germany's biggest Russian gas importer.

☆ German inflation at highest level in over 25 years
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

Full shelves with groceries are pictured in a supermarket during the spread of the coronavirus disease (COVID-19) in Berlin, Germany, March 17, 2020. REUTERS/Fabrizio BenschSummary EU-harmonized inflation at 10.9%Energy costs up 43.9% year-on-yearAnalyst: ECB must act quickly, vigorouslyBERLIN, Sept 29 (Reuters) - German inflation was at its highest in more than a quarter of a century in September, driven by high energy prices, data showed, as analysts warned that the energy crisis has yet to make itself fully felt. Consumer prices, harmonised to make them comparable with inflation data from other European Union countries (HICP), increased by 10.9% on the year, the federal statistics office said. That was the highest reading since comparable data going back to 1996. Dwindling gas supplies from Russia have pushed energy prices, and correspondingly inflation, to highs not seen in decades, with the massive loss in consumer purchasing power adding to the likelihood that a recession is on the way.

☆ German gas price brake to cost between 15 bln and 24 bln euros - newspaper
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Sept 29 (Reuters) - A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developments, the Handelsblatt business daily reported on Thursday. The range, based on an estimate by the government's expert gas commission, is based on the measure applying only to private households, according to the report. A gas price cap, another measure being considered to curb skyrocketing gas prices in Germany, would come in at a similar cost, it added. Register now for FREE unlimited access to Reuters.com RegisterWriting by Rachel More, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Porsche AG shares debut at 84 euros
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: 1 min

The opening bell is displayed under a logo of German car manufacturer Porsche prior to Porsche's IPO at the stock exchange in Frankfurt, Germany, September 29, 2022. REUTERS/Kai PfaffenbachBERLIN, Sept 29 (Reuters) - Porsche AG shares debuted at 84 euros ($81.15) on the stock market on Thursday in Germany's biggest initial public offering (IPO) in more than 25 years. Books closed on Wednesday with a final price of 82.50 euros, the carmaker said, at the top end of the 76.50-82.50 euro range it announced earlier this month. Based on that issue price, Porsche AG has a market capitalization of 75 billion euros. read more($1 = 1.0351 euros)Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray, editing by Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.

☆ German gas consumption too high, says energy regulator
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, Sept 29 (Reuters) - Germany's network regulator, which would be in charge of gas rationing in the event of a supply emergency, on Thursday said that household consumption was too high to be sustainable. Last week's usage of natural gas by German households and small industry was 483 gigawatt hours, up 14.5% above the average for that week over the past four years, the Federal Network Agency said. "Without significant savings in the private area of consumption, it will be difficult to avoid an emergency situation in winter." Germany requires more gas imports and its neighbours need to organise stable supplies, he said, but energy savings are the order of the day. Households and small industry account for 40% of consumption while big manufacturing industries require 60% of the country's gas.

☆ German annual inflation rate at 10% in September - Business Insider, citing govt sources
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Sept 29 (Reuters) - German consumer prices rose by 10% year-on-year in September, Business Insider reported on Thursday, citing government sources. The report did not specify whether the rate had been harmonised to make it comparable with inflation data from other European Union countries. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray, editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.

☆ Cookies might not be tracking you, but some brands are
▼ + stars: | 2022-09-28 | by ( Leticia Miranda | Leticia Miranda Is A Business Reporter For Nbc News. | ) www.nbcnews.com time to read: +12 min

And for consumers who want to cut down on corporate monitoring, hitting “decline cookies” might not make much of a difference. Ulta Beauty’s Brent Rosso, vice president of the cosmetics seller’s ad business, called retail media networks “the hottest thing in the media world.”The Home Depot app encourages users to allow tracking. Home DepotNew ways to track and targetBefore the rise of retail media networks, retailers regularly sold ad space like sponsored products or banner ads on their own digital properties. But many retail media networks combine first-party data with existing third-party information, such as demographic data, to build more detailed profiles on consumers. About $40 billion will be spent this year across retail media networks alone, the analytics firm projects.

☆ Germany does not accept "sham" referendums, Scholz tells Ukraine's Zelenskiy
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Sept 28 (Reuters) - German Chancellor Olaf Scholz told Ukrainian President Volodymyr Zelenskiy in a call on Wednesday that Germany would never accept the results of "sham" referendums on joining Russia in occupied regions of Ukraine, a German government spokesperson said. Scholz also said Germany's financial, political and humanitarian support for Ukraine would not waver and it would continue to back Ukraine in defending its sovereignty and territorial integrity, including weapons deliveries, the spokesperson said in a statement. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray Editing by Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.

☆ MLB roundup: Cardinals, Yankees clinch division titles
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +9 min

Yankees right-hander Jameson Taillon (14-5) allowed two runs and seven hits in 7 1/3 innings. Brian Anderson had three hits and scored two runs for the Marlins, and Jacob Stallings hit a two-run single. Casas, who finished 3-for-4, clobbered a two-run homer in the second inning. Hunter Dozier hit a two-run homer for the Royals, who got two hits from Michael A. Taylor. Altuve went 3-for-4 with four runs, and Hensley contributed an RBI single and a two-run homer.

☆ Sentiment among German exporters at its lowest since May 2020
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

The city's financial district high-rise buildings disappear in clouds as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown and a demand by the German government for more home office possibilities in Frankfurt, Germany, February 2, 2021. REUTERS/Kai Pfaffenbach/BERLIN, Sept 27 (Reuters) - Sentiment among German exporters fell in September to its lowest since the early stages of the COVID-19 pandemic as the slowing global economy dampens any expectations of growth in the medium term, the Ifo economic institute said on Tuesday. Export expectations dropped to -6.0 in September from -2.8 in August, the lowest since May 2020, it said. Exports from Europe's largest economy decreased 2.1% in July from the previous month, hit by sinking demand from Germany's two most important trade customers, China and the United States. Register now for FREE unlimited access to Reuters.com RegisterReporting by Miranda Murray; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Germany's largest landlord maintains right to evict even as energy bills explode
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

The new headquarters of German real estate company Vonovia is pictured in Bochum, Germany, April 24, 2018. Vonovia Chief Executive Rolf Buch has said that he expects rising energy prices to cost tenants up to two months' rental fees per year. "If a tenant has problems and contacts us, we will find a solution," said Buch, adding that Vonovia supported an eviction moratorium that is under discussion. Vonovia, Germany's largest residential landlord with around 490,000 apartments, has 55% of its heating system supplied by gas. The company said in July that it would reduce heating in many of its apartments at night to save gas.

☆ Firefighters extinguish flames on grounds of Tesla's Germany plant
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. REUTERS/Annegret HilseBERLIN, Sept 26 (Reuters) - A fire that broke out on the grounds of Tesla's (TSLA.O) plant in Germany at 0330 local time (0130GMT) on Monday has been extinguished, with no injuries reported, according to the local fire department. Tesla's fire department took over command of the operation about five hours later, though local firefighters remain on the scene. The cause of the fire has not yet been determined and police are looking into it, a regional spokesperson said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Victoria Waldersee, Writing by Miranda Murray; editing by Matthias WilliamsOur Standards: The Thomson Reuters Trust Principles.

☆ Indicated demand for shares in Porsche AG exceeds full deal size - bookrunners
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA logo of Porsche is seen outside a Porsche car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. Indicated demand exceeded the full deal size, the bookrunners said, with one describing demand as "incredibly robust." Volkswagen (VOWG_p.DE) said this month it would price preferred shares in the flotation of Porsche AG scheduled for this Thursday at 76.50 - 82.50 euros per share, translating into a valuation of 70-75 billion euros. That would leave the luxury carmaker's market capitalisation below some investors' estimates of up to 85 billion euros, but far outstripping the 49-billion-euro price tag for rival BMW (BMWG.DE) and Mercedes-Benz's (MBGn.DE) 61 billion euros. ($1 = 1.0353 euros)Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray, Reporting by Lucy Raitano, Editing by Victoria WalderseeOur Standards: The Thomson Reuters Trust Principles.

☆ Lin-Manuel Miranda on Halle Bailey as the Little Mermaid: She looks perfect
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLin-Manuel Miranda on Halle Bailey as the Little Mermaid: She looks perfectHamilton creator Lin-Manuel Miranda on Disney's Little Mermaid backlash: "She looks perfect."

☆ Lin-Manuel Miranda on Hurricane Fiona: Puerto Rico is 112 degrees and my family doesn't have running water
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLin-Manuel Miranda on Hurricane Fiona: Puerto Rico is 112 degrees and my family doesn't have running waterHamilton creator Lin-Manuel Miranda on the devastation from Hurricane Fiona and the state of Latinos in the media.

☆ Lin-Manuel Miranda doing what he can to raise awareness of Puerto Rico's situation after Fiona
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLin-Manuel Miranda doing what he can to raise awareness of Puerto Rico's situation after FionaCNBC's Contessa Brewer joins Shep Smith to report Lin-Manuel Miranda is doing what he can to help raise awareness of damage from Hurricane Fiona in Puerto Rico.

Search resuls for: "miranda"

25 mentions found