Germany
European markets edge higher as political tension lingers
Anglo American Platinum announces dividend and demerger plans Anglo American Platinum said Monday that it would pay out an additional cash dividend before a demerger that will see it become a standalone company. The additional dividend will amount to 59 South African rand ($3.21) per share, with the payout totaling 15.7 billion rand. It will […]
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Europe stocks lower after hitting record highs on hopes of Ukraine peace deal
European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose […]
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As U.S. officials travel to security summit, Europe must step-up on defense or risk being sidelined
NATO Secretary General Mark Rutte, U.S. Defense Secretary Pete Hegseth, Britain’s Defence Secretary John Healey and Turkey’s ambassador to NATO Zeki Levent Gumrukcu take part in a family photo during a NATO Defence Ministers meeting at the Alliance’s headquarters in Brussels, Belgium February 13, 2025. Yves Herman | Reuters As the world’s defense and security […]
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Car rams into Munich crowd injuring at least 28 in suspected attack
Members of the emergency services work at the scene where a car drove into a crowd in the southern German city of Munich on February 13, 2025 leaving several people injured, police said. Michaela Stache | Afp | Getty Images MUNICH— German police said Thursday that at least 28 people were injured when a car plowed […]
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Europe stocks hit fresh record high on earnings, Ukraine peace hopes
European stock markets were broadly higher Thursday, amid a flurry of earnings and economic data and rising hopes of an end to the Russia-Ukraine war. The regional Stoxx 600 index maintained positive momentum from earlier this week, when it marked three record closing highs, gaining another 0.74% by midday in London to hit another all-time intraday peak. Markets […]
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Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty Images Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. The job […]
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East Germany is a far-right stronghold — and economic concerns helped make it happen
Alice Weidel, chancellor candidate of the far-right Alternative for Germany (AfD) political party, speaks to supporters as they wave German flags at the AfD election campaign launch rally. Sean Gallup | Getty Images News | Getty Images Germany’s far-right party is dominating polls in the country’s eastern region less than two weeks before the federal […]
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European stocks head for mixed open as global markets react to Trump’s latest tariffs
UniCredit sets profit goal of around 10 billion euros by 2027 UniCredit said it aims to increase net profit to around 10 billion euros by 2027, with the “ambition” to distribute more to shareholders than it did 2024. Italy’s second-largest lender posted fourth-quarter net profit that beat expectations amid market focus on the bank’s M&A overtures. […]
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European stocks shrug off U.S. tariff threat; BP shares rise after Elliott stake-building report
European stock markets started the week on a positive note, appearing to shrug off President Donald Trump’s latest tariff announcement. The pan-European Stoxx 600 opened 0.35% in positive territory. Regional indexes such as the U.K.’s FTSE 100, Germany’s DAX, France’s CAC 40 and Italy’s MIB were up 0.3% at the open. It remains to be […]
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European markets set to open lower after reaching record high
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary policy and key U.S. jobs data remain in focus. London’s FTSE 100 is expected to open 24 points lower at 8,712 points, according to IG. The German DAX index is slated to open 17 points lower […]
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