Germany’s industrial production fell unexpectedly in November, Reuters reported on Tuesday, citing the federal statistics office.
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FeatureInternational NewsMoneyNews
German inflation still high to record 9.2% in January
by Sama Mousaby Sama MousaGermany’s inflation continues to rise at the beginning of the year to set at 9.2 percent in …
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A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job …
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Deutsche Bank AG’s top investor, China’s HNA Group Co., is planning to exit its entire stake in …
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French lender Societe Generale could make further acquisitions in the coming years as part of its transformation …
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Societe Generale’s chief said banking space in Europe should follow in the footsteps of the U.S.’s, calling …
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forex news
Oil likely to see downward correction over the coming months: Commerzbank
by Yomna Yasserby Yomna YasserOil traders should expect prices to pullback by at least 15 percent over the coming months, a …
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Banks
German govt favors a Commerzbank-BNP Paribas merger: WirtschaftsWoche
by Yomna Yasserby Yomna YasserThe German government favors a merger of state-backed Commerzbank with France’s BNP Paribas, German weekly WirtschaftsWoche reported …
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Banks
Commerzbank Q1 net profit beats expectations on one-off effect
by Yomna Yasserby Yomna YasserCommerzbank reported Tuesday a 28 percent rise in first-quarter net earnings, benefiting from a positive one-off effect …
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China’s foreign-exchange reserves data for January, due on Tuesday, may surprise on the upside after a long …
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