Germany

German Finance Minister Speaks Out Against Stablecoins
German Finance Minister Speaks Out Against Stablecoins
September 18, 2019  |  Cryptocurrency

The Finance Minister in Germany Olaf Scholz spoke out on Tuesday (Sept. 17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them,...

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Amazon Seeks Delivery Expansion In Germany
Amazon Seeks Delivery Expansion In Germany
September 17, 2019  |  International

Amazon said it has started hiring delivery drivers in Germany as it ramps up its logistics arm, with plans to open 11 more distribution centers...

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France And Germany Call For Public Crypto, Oppose Libra
France And Germany Call For Public Crypto, Oppose Libra
September 13, 2019  |  Cryptocurrency

France and Germany released a joint statement on Friday (Sept. 13) that calls out Facebook’s proposed cryptocurrency Libra as potentially harmful to the financial sector,...

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German Cartel To Appeal Court’s Suspension Of Facebook Restrictions
German Cartel To Appeal Court’s Suspension Of Facebook Restrictions
August 26, 2019  |  Facebook

After a regional court decision suspended restrictions on Facebook data gathering in Germany, the Federal Cartel Office said it is filing an appeal to the...

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Breach Of Mastercard Loyalty Program Affected 90K Germans’ Data
Breach Of Mastercard Loyalty Program Affected 90K Germans’ Data
August 23, 2019  |  Security & Fraud

Belgian and German data protection regulators were notified by Mastercard of a possible data breach, Bloomberg reported on Friday (Aug. 23). The breach was first...

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Kohl’s Third-Time’s-No-Charm Fizzle
Kohl’s Third-Time’s-No-Charm Fizzle
August 23, 2019  |  Sizzle/Fizzle

Third time’s no charm. Three quarterly reports, three straight declines in quarterly sales for Kohl’s. Beyond the vagaries and volatility in stock price, where Kohl’s...

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Amazon Fresh Deliveries Flop In Germany
Amazon Fresh Deliveries Flop In Germany
August 21, 2019  |  Amazon

Deutsche Post DHL has stopped making Amazon Fresh deliveries in Germany due to low demand. A spokeswoman confirmed to Reuters that DHL was ending its...

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UK’s Deliveroo Will End Operations In Germany
UK’s Deliveroo Will End Operations In Germany
August 12, 2019  |  Retail

Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Reuters reported that the...

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Post-Takeover, SMB Bank Penta Secures Latest Funding
Post-Takeover, SMB Bank Penta Secures Latest Funding
August 07, 2019  |  Investments

About two years since launching its small business bank account service, challenger bank Penta announced new funding. Reports in Bloomberg this week said Germany-based Penta...

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