Bloomberg Germany is not on the verge of a recession and old-style stimulus programmes are not in vogue any more, Economy Minister Peter Altmaier said on Tuesday. While Altmaier denied the country was heading into a recession, he said the deteriorating international scenario was beginning to weigh on the export-driven economy. “I think old-style stimulus programs are not in vogue ...

Bloomberg Fintech Fundbox Inc has raised $176 million in a new funding round from investors including Allianz SE and General Catalyst. The company was expected to announce the funding on Tuesday, along with a new $150 million credit facility. A Fundbox spokesman said the new round valued the company at between $500 million and $1 billion, but would not disclose ...

Bloomberg Volkswagen AG’s two top leaders, Chief Executive Officer Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the diesel-emission scandal. Former CEO Martin Winterkorn was also charged in the case, according to the indictment filed by Braunschweig prosecutors. The shares fell as much as ...