Economy of Germany

U.S. Federal Appeals Court Upholds $25m Monsanto Roundup Cancer Verdict

Friday, May 14, 2021 - 11:21pm

Click here for details: https://bit.ly/3bramVi\nFriday\'s ruling stems from a 2019 jury verdict finding that plaintiff Edwin Hardeman developed non-Hodgkins lymphoma after exposure to Roundup.

Key Points: 
  • Click here for details: https://bit.ly/3bramVi\nFriday\'s ruling stems from a 2019 jury verdict finding that plaintiff Edwin Hardeman developed non-Hodgkins lymphoma after exposure to Roundup.
  • Among other things, the settlement would allow Bayer to continue selling Roundup but limit legal options for individuals diagnosed with cancer in the future.
  • A hearing on the settlement is set for May 19.\n"We now have a federal appellate court supporting evidence that Roundup causes cancer and that Bayer had a duty to warn consumers," Mr. Nachawati said.
  • "Shareholders need to know that these lawsuits will not stop until Bayer makes a meaningful settlement offer.

Aeva Reports First Quarter 2021 Results

Thursday, May 13, 2021 - 9:05pm

However, we do not expect the financial information presented in this press release to change.\nThe company will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m.

Key Points: 
  • However, we do not expect the financial information presented in this press release to change.\nThe company will host a conference call and live webcast to discuss results at 2:00 p.m. PT / 5:00 p.m.
  • Aeva is backed by Porsche SE, Adage Capital, Lux Capital and Canaan Partners, amongst others.
  • These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.
  • Aeva does not give any assurance that it will achieve its expectations.\n'

DGAP-News: Schaeffler AG: Viktor Molnar appointed President Chassis Systems business division of the Schaeffler Group

Wednesday, May 12, 2021 - 8:01am

b'The issuer is solely responsible for the content of this announcement.\nHerzogenaurach | May 12, 2021 | Viktor Molnar (45) will assume the management of the Chassis Systems business division at Schaeffler on June 1, 2021.

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\nHerzogenaurach | May 12, 2021 | Viktor Molnar (45) will assume the management of the Chassis Systems business division at Schaeffler on June 1, 2021.
  • In this role, the native Hungarian will report to Matthias Zink, CEO of the Automotive Technologies division of Schaeffler AG, who has been managing the business division on a provisional basis for the interim period.
  • Working from a high level of production expertise, Schaeffler offers a wide range of products for innovative chassis applications ranging from components to mechatronic systems.
  • "With his outstanding specialist knowledge and many years of experience, he is optimally qualified to lead the Chassis Systems business division successfully into the future.

DGAP-News: Schaeffler AG: Schaeffler Group raises guidance for 2021

Wednesday, May 12, 2021 - 8:01am

The Schaeffler Group\'s revenue for the reporting period amounted to 3,560 million euros (prior year: 3,281 million euros).

Key Points: 
  • The Schaeffler Group\'s revenue for the reporting period amounted to 3,560 million euros (prior year: 3,281 million euros).
  • Klaus Patzak, CFO of Schaeffler AG, said: "The Schaeffler Group has delivered strong results in the first quarter of 2021.
  • The group employed a workforce of 83,937 as at the reporting date.\nThe Schaeffler Group has raised its full-year guidance for 2021 and now expects revenue growth of more than 10 percent at constant currency (previously more than 7 percent).
  • The Schaeffler Group currently anticipates an increase in global production of passenger cars and light commercial vehicles by approximately 10 percent to 82 million vehicles produced.

DGAP-News: creditshelf: Strong revenue growth and record loan volume in Q1 2021

Wednesday, May 12, 2021 - 7:01am

Successful partnerships, with which creditshelf is constantly expanding the SME financing ecosystem around the creditshelf platform, were the driver of this achievement.

Key Points: 
  • Successful partnerships, with which creditshelf is constantly expanding the SME financing ecosystem around the creditshelf platform, were the driver of this achievement.
  • In Q1 2021, the company established additional important strategic partnerships going forward: the cooperation with Commerzbank will be intensified.
  • These corporations combined with a steadily growing number of additional referring partners from the financing advisors sector are a key pillar of our growth plans for 2021 and the upcoming years.\nDr.
  • Tim Thabe, creditshelf CEO, comments on Q1 2021: "After a successful year\'s start, our main task is to continue on our growth path.

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG starts successfully into 2021: FFO I and NAV further improved

Wednesday, May 12, 2021 - 7:01am

DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has successfully completed the first quarter of 2021.

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has successfully completed the first quarter of 2021.
  • The COVID-19 pandemic just had a minor effect on the overall business activity in the reporting period.
  • Since the beginning of the pandemic, a total of only around 5.5 per cent of the annual contract rents have been outstanding.
  • The NAV per share (undiluted) also increases by 10 euro cents to EUR 6.01 compared to 31 December 2020.

DGAP-News: Delivery Hero to launch operations in Berlin and expand across Germany later this year

Wednesday, May 12, 2021 - 7:01am

Seeing a great opportunity due to evolved customer demands and an under-penetrated market, Delivery Hero believes in the potential that Germany has to offer.

Key Points: 
  • Seeing a great opportunity due to evolved customer demands and an under-penetrated market, Delivery Hero believes in the potential that Germany has to offer.
  • For local shops, Delivery Hero acts as a true digital partner, making it possible to access both offline and online customers.
  • The company started as a food delivery service in 2011 and today runs its own delivery platform on four continents.
  • Headquartered in Berlin, Germany, Delivery Hero is listed on the Frankfurt stock exchange since 2017, and became part of the leading index DAX (Deutscher Aktienindex) in 2020.

BASF expands e-commerce agreement with Agilis

Monday, May 10, 2021 - 1:05pm

b'NEWARK, N.J., May 10, 2021 /PRNewswire-PRWeb/ -- BASF has entered into a multi-year agreement with Agilis Chemicals Inc., provider of digital commerce technology for the chemical industry.

Key Points: 
  • b'NEWARK, N.J., May 10, 2021 /PRNewswire-PRWeb/ -- BASF has entered into a multi-year agreement with Agilis Chemicals Inc., provider of digital commerce technology for the chemical industry.
  • "We look forward to continuing our partnership with Agilis, making the customer online experience simple, convenient, and easy-to-use.
  • "Our mission at Agilis is to help chemical suppliers implement smart and intuitive digital commerce solutions that don\'t require them to change how they do business," says Jay Bhatia, Founder and CEO of Agilis.
  • Agilis offers chemical suppliers an easy and cost-effective way to attract and engage customers via secure digital sales and marketing channels.

DGAP-News: Vossloh Aktiengesellschaft: Vossloh wins long-term framework contract for the supply of tram turnouts

Monday, May 10, 2021 - 10:00am

b"Vossloh is a globally active technology group dedicated for over 135 years to quality, safety, reliability, innovation and customer orientation.

Key Points: 
  • b"Vossloh is a globally active technology group dedicated for over 135 years to quality, safety, reliability, innovation and customer orientation.
  • Vossloh's comprehensive range of rail track-related products and services make the company a leader in the global market in this area.
  • Vossloh uses its extensive understanding of rail infrastructure to meet the key customer need of track availability.\nVossloh products are in use in more than 85 countries.
  • With roughly 80 Group companies in around 30 countries and over 35 production sites, Vossloh is a global company with a local presence.

BASF ranks 12 on list of DiversityInc Top 50 Companies for Diversity

Friday, May 7, 2021 - 3:31pm

b'FLORHAM PARK, N.J., May 07, 2021 (GLOBE NEWSWIRE) -- For the ninth consecutive year, BASF was named one of the Top 50 Companies for Diversity by DiversityInc, moving up two places from 14 in 2020 to 12 in 2021.

Key Points: 
  • b'FLORHAM PARK, N.J., May 07, 2021 (GLOBE NEWSWIRE) -- For the ninth consecutive year, BASF was named one of the Top 50 Companies for Diversity by DiversityInc, moving up two places from 14 in 2020 to 12 in 2021.
  • The DiversityInc Top 50 Companies for Diversity list began in 2001, when many corporations were beginning to understand the business value of diversity-management initiatives.
  • DiversityInc is a VA certified veteran-owned business and a USBLN certified business owned by a person with a disability.
  • BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at http://www.basf.com .\n'