MoneyWeek

Germany’s export engine sputters

hemicals giant Linde, the biggest company quoted on Germany’s benchmark DAX index, announced last week that it was delisting in Germany and would be quoted in New York instead. At the same time, the much hyped flotation of Porsche flopped and BASF, another chemicals firm, announced it is moving much of its production out of the country permanently. Imagine if Shell, Unilever or GSK had quit the UK, and all the

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min read
Auctions
Going… John Lennon’s “lost” Framus 12-string “Hootenanny” acoustic guitar is expected to set a new world price record for a Beatles guitar when it appears at Julien’s Auctions’ two-day sale in New York from 29 May. Lennon played the instrument on the
MoneyWeek2 min readIntelligence (AI) & Semantics
Meta’s AI Splurge Rattles Investors
Meta Platforms has suffered its second-worst daily loss in market value on record. Part of the reason for last week’s 15% slide was that while Meta eclipsed forecasts for first-quarter profits and sales, its outlook for the second quarter disappointe
MoneyWeek3 min readWorld
Peak Peking?
The American Senate passed the $95bn “foreign aid” package funding Ukraine, Israel and Taiwan last week and sent the legislation to president Joe Biden’s desk. There was a time when “foreign aid” meant help to poor people in poor countries. Now it is

Related Books & Audiobooks