Tom Sims
@TomSims_Reuters
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Journalist with Reuters based in Germany. Former NYT, IHT and WSJ. [email protected]
Joined July 2009
RT @martiorosz: 💶Journalist und Autor Hubert Seipel hat 600.000 Euro von dem #Putin-nahen #Oligarchen Mordaschow erhalten. Wir zeigen die B….
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RT @Reuters: 🔊🇩🇪 How a Nazi-era bunker converted into a luxury home has become emblematic of Germany’s stalled housing market – listen to @….
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RT @johnodonnell21: A wartime bunker turned 11 million euro penthouse complete with gold leaf toilet. The story of one of #Germany 's most….
reuters.com
For years, low interest rates fueled a global boom, igniting interest in German property, seen as safe and stable as the country. A sharp rise in rates, and soaring energy and building costs, put an...
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More signs of stress in German real estate: German property giant Vonovia slips to $2.1 bln loss as sector struggles
reuters.com
Germany's largest real estate group Vonovia slipped to a 2 billion euro ($2.19 billion) second quarter loss and wrote down the value of its properties by 3 billion euros on Thursday in the latest...
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The city of Frankfurt, famous for its skyline, is feeling the crunch. A city official told us: "Developers used to call here every two days and asked when we could finally get building approval." That's a thing of the past.
reuters.com
New construction plunged in Germany during the first half of the year, data on Thursday showed, the latest sign of stress in the property market of Europe's largest economy.
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Follows up on some of our recent coverage. The industry is seeking relief from the government in Berlin.
reuters.com
The German property industry will ask the government for multi-billion euro support at a meeting with Chancellor Olaf Scholz, people familiar with the matter said, as gloom engulfs the nation's...
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Data today showed German construction job growth at the slowest pace in a decade, the latest sign of stress for Germany's struggling property sector. Five charts:
reuters.com
Germany's property sector is under stress, prompting firms to call for government support, property developers to file for insolvency and share prices of landlords to plunge.
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RT @johnodonnell21: Countries like #Germany are embarrassed by ties to Russia. Many in #Austria are not. Raiffeisen, an industrial networ….
reuters.com
Raiffeisen Bank International is delaying plans to leave Russia, three people familiar with its position said, as Austria steps up its defence of long-standing ties with Moscow.
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It's not just cars and machine tools. Germany is also an exporter of electricity, even during an energy crisis. @EckertVera.
Germany exported more electricity to its neighbours than it imported in 2022, even with an energy crisis at home, thanks to more more weather-driven renewable power and greater demand from France.
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RT @AuswaertigesAmt: #Pressefreiheit darf nicht nach Belieben ein- und ausgeschaltet werden. Unten stehende Journalisten können auch uns ab….
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OMG! I’ve stayed here…Massive aquarium bursts at Berlin leisure complex - emergency services
reuters.com
The 1,500 fish from the aquarium died, said a spokesperson for the manager of the real-estate fund that owns the property. It was still unclear what had caused the structure to burst.
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RT @martiorosz: We looked with @TomSims_Reuters at how the Deutsche Bank revamp from problem child to "boring is the new sexy" worked out:….
reuters.com
In 2019, Deutsche Bank set out on a journey to cut dependence on its volatile investment bank and rely instead on more stable businesses that serve companies and retail customers as a way to restore...
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"We've seen the self-regulated world. It will not work," Branson told journalists.
reuters.com
Germany's top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial stability.
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RT @johnodonnell21: So the prince who wanted to take over #Germany plotted a new government in a secluded hunting lodge .
reuters.com
German investigators in the small eastern town of Bad Lobenstein on Thursday searched a secluded 19th century hunting lodge owned by a local aristocrat who is at the centre of a coup plot that has...
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RT @johnodonnell21: Daily life in #Germany is still a lot about cash (not cards). After #Russia throttled #gas, the authorities are bracing….
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RT @martiorosz: EXCLUSIVE Germany steps up emergency cash plans to cope in #blackout. @TomSims_Reuters @johnodonnell21 .
reuters.com
German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running, four people involved said, as the nation braces for possible power...
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North Korea fires 23 missiles, one landing off South Korean coast for first time. Most in a single day.
reuters.com
North Korea fired at least 23 missiles into the sea on Wednesday, including one that landed less than 60 km (40 miles) off South Korea's coast, which South Korean President Yoon Suk-yeol described as...
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