Varta insolvency filed as Stuttgart court receives four applications amid takeover talks Varta insolvency: German battery maker files for insolvency to preserve operations, with creditors and owners debating a split …
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asset
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World
Gold overtakes US Treasuries as largest global reserve asset at 27 percent
by anna walterby anna walterGold Now Accounts for 27 Percent of Global Reserve Holdings, Overtaking US Treasuries Gold now accounts for 27 percent of global reserve holdings, overtaking US Treasuries as the world’s largest …
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Business
Germany’s Bundesrat approves expanded asset seizures against Cum-Ex short sellers
by Leo Müllerby Leo MüllerBundesrat Approves Stronger Asset Recovery Measures Targeting Cum-Ex Tax Schemes Bundesrat approves a bill expanding prosecutors’ powers to seize proceeds from organised tax evasion, focusing on Cum-Ex cases and speeding …