Germany

Commerzbank close to settling U.S. sanctions probes

German lender Commerzbank AG (CBKG.DE) is nearing agreement with U.S. authorities over its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.

Read Full Article

Berlin bans car service Uber

Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said.

Read Full Article

Asian shares firm, euro wilts as ECB seen on cusp of QE

Asian shares held firm while the euro hit one-year lows on Tuesday as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.

Read Full Article

Oak Hill Capital to buy Berlin Packaging for $1.43 billion

Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.

Read Full Article

Rocket Internet and Zalando to unveil listing plans in Sept: sources

German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.

Read Full Article

Euro hovers near one-year low on Draghi's comments, eyes IFO

The euro fell to its lowest in nearly a year against a firmer dollar on Monday after the head of the European Central Bank said he was prepared to take action if inflation dropped further, raising expectations of quantitative easing.

Read Full Article

Germany gives nod to RWE unit sale to Russian investor: sources

Germany's economy ministry will approve the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people familiar with the matter said.

Read Full Article

Wall St. rises as Ukraine worry recedes, M&A supports

U.S. stocks advanced on Monday, with the Dow Industrials up roughly one percent, as the threat of an escalation of tensions in Ukraine appeared to wane and the latest flurry of merger action supported equities.

Read Full Article

Ze Germans - 10 points to PR success in Germany

After successfully developing an innovative start-up on home soil, the next step for many American companies is setting a course for the great leap across the pond. In case a start-up aims at expanding to the German market, 10 points in regards to PR strategies need to be kept in mind.

Read Full Article

Luxury online shop Mytheresa up for sale: sources

The owners of German online retailer Mytheresa, specializing in luxury fashion and accessories, have mandated Goldman Sachs to find a buyer, three people familiar with the matter told Reuters.

Read Full Article

Woodbridge International Expands in Germany

Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the opening of our new office in Frankfurt, Germany. The new location strengthens Woodbridge's presence in Europe, allowing the firm to provide a full range of cross-border investment banking services to German companies seeking divestitures, acquisitions and joint ventures.

Read Full Article

E-commerce edge helps British retailers expand abroad

Marks & Spencer Plc is making a new push to expand abroad, hoping e-commerce will give Britain's biggest clothing retailer a better chance to succeed than earlier attempts to enter new markets.

Read Full Article

iZettle dances with $55.5 million Series C round for Latin America and European Expansion

iZettle, Swedish mobile company, pockets $55.5 million in a series C round led by Zouk Capital with other participants such as Dawn Capital, Intel Capital, Creandum, Greylock, Index, Northzone, and SEB.

Read Full Article

French car rental startup Drivy secures $8.3M in funding for European expansion

Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.

Read Full Article

German startup Toywheel uses augmented reality to create interactive toys for children

Berlin, Germany-based digital toy maker Toywheel has launched its first app which integrates the physical world with the digital world to create an interactive playground for children.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics