thyssenkrupp AG
Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers
An employee stands at a blast furnace. U.S. President Donald Trump said on Sunday that he would impose new tariffs on steel and aluminium imports. Picture Alliance | Picture Alliance | Getty Images U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel […]
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Germany’s struggling Thyssenkrupp books $1 billion impairment charge as steel demand weakens
A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the industrial powerhouse flagged “gloomy volume” expectations and […]
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European markets head for higher open as traders focus on data, earnings
Thyssenkrupp books $1 billion impairment on struggling steel unit A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the […]
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European marketplaces climb on strong earnings ahead of essential U.S. inflation print
Traders will work at the inventory exchange in Frankfurt, Germany. Daniel Roland | Afp | Getty Photographs LONDON — European markets had been larger on Thursday as investors digested a new spherical of corporate earnings and seemed ahead to a important U.S. inflation print that could present hints about the Federal Reserve’s following financial policy […]
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European markets close higher despite hot U.S. inflation data; Stoxx 600 up 1.6%
LONDON — European stocks closed higher Wednesday, with investors largely shrugging off hotter-than-expected inflation data out of the U.S. The pan-European Stoxx 600 provisionally closed up 1.6%, with autos jumping 3.6% to lead gains as all sectors traded in positive territory except health care, which fell 1.2%. The gains in Europe come after some choppy […]
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These are Credit Suisse’s top European stock picks right now
The Swiss bank has named its top stocks for the second quarter, including a “top of the crop” list of under-the-radar names. Source
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Stay defensive with these global stocks amid market volatility, analysts say
HSBC, Credit Suisse and UBS name their top defensive stock picks. Source
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German firms sign deals in UAE as Berlin seeks alternative energy supplies
Electricity transmission pylons beside the gas-fired power plant, operated by Uniper SE, in Irsching, Germany, on Wednesday, July 7, 2021. Michaela Handrek-Rehle | Bloomberg | Getty Images German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin […]
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