Germany

Cashierless Grocery Shopping Expands With Germany’s First Fully Autonomous Store
Cashierless Grocery Shopping Expands With Germany’s First Fully Autonomous Store
December 14, 2022  |  Retail

Trigo and Rewe expand cashierless grocery shopping with Germany’s first fully autonomous store. The computer vision startup and the major German grocery chain announced Wednesday (Dec. 14) the launch...

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Weak Consumer Demand Fuels Retail Closures Across Europe
Weak Consumer Demand Fuels Retail Closures Across Europe
December 12, 2022  |  Retail

Weak sales have driven a wave of retail closures across Europe. In October, for example, Germany’s Federal Statistical Office reported a 2.8% decline in retail...

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Wirecard Trial Sets Up FTX Parallels and Enron Echoes 
Wirecard Trial Sets Up FTX Parallels and Enron Echoes 
December 06, 2022  |  Digital Payments

Thursday marks a red letter day in annals of fraud — the type that destroys companies and careers. No, not that crypto exchange. You might...

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EU Governments Could Ditch Facebook Platform Over Poor Data Handling
EU Governments Could Ditch Facebook Platform Over Poor Data Handling
December 01, 2022  |  Meta

The Dutch government will stop using Facebook if private data handling is not improved. In a recent letter to Parliament, State Secretary Alexandra van Huffelen...

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BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
November 29, 2022  |  Regulation

“Innovation is key to any market’s survival.” It’s based on that premise that Germany’s Federal Financial Supervisory Authority (BaFin) has launched a FinTech Innovation Hub,...

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Supply Chain Digitization Platform Inxeption Expands to Germany
Supply Chain Digitization Platform Inxeption Expands to Germany
November 16, 2022  |  Supply Chain

B2B supply chain digitization platform Inxeption has launched operations in Frankfurt, Germany, to enhance its service to customers in Europe and to complement its presence...

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German Antitrust Authority Expands Amazon Probe
German Antitrust Authority Expands Amazon Probe
November 14, 2022  |  Amazon

Germany’s competition watchdog, the Bundeskartellamt (BKartA) announced on Monday (Nov. 14) that it has extended two ongoing proceedings against Amazon to make use of an...

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BaFin Head: Crypto Regulation Needs to Be Global
BaFin Head: Crypto Regulation Needs to Be Global
November 14, 2022  |  Cryptocurrency

If crypto assets want to be embraced by the mainstream finance world, they need to be regulated the same way as mainstream financial products, Germany’s...

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Adidas Names Puma Head Bjørn Gulden as New CEO
Adidas Names Puma Head Bjørn Gulden as New CEO
November 08, 2022  |  Retail

Struggling sneaker giant Adidas has found its new CEO in Bjørn Gulden, the head of rival shoe brand Puma. Gulden, 57, has served as Puma’s...

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