Xinhua
16 Sep 2020, 17:14 GMT+10
BERLIN, Sept. 16 (Xinhua) -- German stocks were almost unchanged at the start of trading on Wednesday, with the benchmark DAX index increasing by just 6.49 points, or 0.05 percent, opening at 13,224.16 points.
The biggest winner among Germany's largest 30 companies at the start of trading was mail and logistics company Deutsche Post, increasing by 1.53 percent, followed by sportswear manufacturer Adidas with 0.86 percent and online food delivery company Delivery Hero with 0.82 percent.
Delivery Hero plans to increase the number of employees located in Berlin by 50 percent to 3,000 by the end of the year, Niklas Oestberg, chief executive officer (CEO) of Delivery Hero told the German newspaper Sueddeutsche Zeitung on Wednesday.
"Berlin is a good place for us, we get a lot of excellent talent here, that is important," Oestberg said. Delivery Hero was promoted to the DAX last month as a replacement for the insolvent financial service provider Wirecard.
Shares of MTU Aero Engines fell by 0.89 percent. The German aircraft engine manufacturer was the biggest loser at the start of trading on Wednesday.
The yield on German ten-year bonds went down 0.006 percentage points to minus 0.487 percent, and the euro was trading almost unchanged at 1.1850 U.S. dollars, increasing by 0.01 percent on Wednesday morning.
Get a daily dose of Mexico Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Mexico Star.
More InformationNEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
Washington DC [US], July 11 (ANI): The response to the April 22 Pahalgam attack reflects a significant shift in India's counterterrorism...
Bengaluru (Karnataka) [India] July 11 (ANI): In the wake of widespread concern expressed in the public and media about the recent increase...
Bengaluru (Karnataka) [India], July 11 (ANI): Karnataka Deputy Chief Minister DK Shivakumar, on the occasion of World Population Day...
COLOMBO, July 11 (Xinhua) -- The cool water, accompanied by a gentle sea breeze, blew away the summer heat in Galle, Sri Lanka, inviting...
Fuel is only one of so many problems when death, destruction and displacement are being reported daily, as hopes for a possible ceasefire...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...