Search Results for: German
Euro zone inflation declines to near five-year low in July
July 31st, 2014
Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers’ radar but unlikely to spur the European Central Bank into further ...
European Shares Swing Amid Earnings as Euro, Oil Retreat
July 31st, 2014
Europe’s benchmark equity index fluctuated amid mixed earnings, while the euro traded near a nine month low versus the dollar. Banco Espirito Santo SA shares were suspended after it said it will need to raise funds while emerging-market stocks ...
EU Practiced Its Russian Sanctions in Cyprus
July 30th, 2014
Europe’s new financial sanctions against Russia will be among the first meaningful ones the West has introduced since the Ukraine crisis started. But punishing rich Russians is not exactly new territory for the EU — it has been doing ...
Euro touches eight-month low, European shares fall
July 30th, 2014
The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing. Investors were also awaiting ...
Deutsche Bank, Fitschen Try to Avoid Ackermann Juggling
July 30th, 2014
Deutsche Bank AG (DBK) Co-Chief Executive Officer Juergen Fitschen is seeking to keep prosecutors from filing charges against him. If he fails, he may have to juggle his duties with his defense as his predecessor did a decade ago. ...
UBS, Deutsche Bank questioned by U.S. regulators on trading operations
July 29th, 2014
Germany’s Deutsche Bank (DBKGn.DE) and Switzerland’s UBS (UBSN.VX) were investigated by U.S. regulators, who are searching to find whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. The investment banks, which said on Tuesday that they were ...
Deutsche Bank Posts 29 Percent Net Profit Drop
July 29th, 2014
Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets. Germany’s largest bank said its net profit in the April-June ...
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
Russia faces more sanctions from the U.S. and Europe
July 29th, 2014
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...
U.S. companies search for growth overseas
July 28th, 2014
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...
