Germany

Germany's Deutsche Bank AG (NYSE: DB) confirmed over the weekend it will eliminate 18,000 jobs by 2022 to save 17 billion euros ($19 billion USD). What To Know Deutsche Bank plans on eliminating its global equities sales and trading business and cut back its investment banking business to...

Germany launched the first electrified truck route in the world on 7 May 2019, using overhead power lines supplied by renewable energy sources to cut emissions significantly in the local area. The system designed by Siemens uses similar technology to that seen on electric railways in Europe to...

Although it initially surged 4 percent on the news, Deutsche Bank AG (NYSE: DB) shares traded down 2 percent Thursday after the firm called off merger talks with Commerzbank. What Happened After six weeks of negotiations, the pair abandoned a potential deal after regulators and investors expressed...

EUR/USD is clinging to 1.1300 once again, after a short dip. Chinese GDP and some euro-zone figures set to dominate. The technical picture remains bullish for the pair. EUR/USD is recovering from the lows and trading around 1.1300 once again. Attempts to break lower failed once again, and the...

German automobile and commercial vehicle technology supplier ZF Friedrichshafen plans to acquire rival Wabco for $7 billion, the companies announced Thursday. The acquisition of Wabco will allow ZF, a leading supplier in the area of steering and driveline technology, to expand its global reach in...

Shares of Deutsche Bank AG (NYSE: DB) gained 5 percent Monday morning after confirming it's in merger talks with fellow German-based bank Commerzbank. What Happened Deutsche Bank and Commerzbank, the two largest German banks, each confirmed in statements over the weekend they're discussing...

Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier announced earlier this week that European nations were ready to build the necessary infrastructure to import liquefied natural gas (LNG) from the U.S. At this time, Europe has 28 ‘regasification' import...

Labor continues to rumble in warehousing sector; Autonomous truck demos one thing, but roadworthy vehicle is another. Good day, In the last week before Christmas, Amazon (Nasdaq: AMZN) is facing a test in the largest market in Europe. German trade union Ver.di is calling for strikes at two of the...

German bank Deutsche Bank AG (NYSE: DB) has suffered three consecutive years of losses and the company's head office was raided by German police officers in late November in connection with a money laundering investigation. As one of the country's most important financial institutions...

Last month, the European Union announced the collapse of its plans to tax internet and tech giants like Alphabet Inc.’s (NASDAQ: GOOGL) Google and Facebook, Inc. (NASDAQ: FB). The alternative included specific national initiatives. Advancements within the negotiations are slated to be...

German equities are sagging this year as the export-driven economy feels a pinch from the stronger U.S. dollar. The MSCI Germany Index is lower by about 6 percent year-to-date. Some exchange traded funds offer better strong dollar avenues for accessing stocks in Germany, the Eurozone's largest...

Germany drugmaker Bayer's acquisition of Monsanto closed this week after a challenging two-year-long review process. Despite creating the world's largest seed and agricultural chemicals maker, the "highly competitive environment" will remain unchanged, Bayer CEO Werner...

The U.S. Department of Justice's move to approve German pharma company Bayer AG's acquisition of U.S.-based Monsanto Company (NYSE: MON) prompted at least one Wall Street analyst to turn bearish on the stock. The Analyst Argus' Bill Selesky downgraded Monsanto's stock rating...

(Author Mark Fritz was East Berlin correspondent for the Associated Press from 1990–1993; as an editor on the Foreign Desk, he filed the bulletin on the fall of the Berlin Wall.) History handed West German Chancellor Helmut Kohl an epic opening, and he hurled his hulking frame right through...