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OLAF SCHOLZ COMMERZBANK
UniCredit gets ECB nod for Commerzbank stakeItalian bank UniCredit has received approval from the European Central Bank to acquire up to 29.9 percent of Commerzbank, signaling a poten...- Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCreditCommerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. The bank aims for financial targets with a revised 202...
- Commerzbank plans job cuts, new targets to keep UniCredit away, sources sayGermany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...
- Germany enters recession: Europe's largest economy is breaking downDecades of flawed energy policy, the demise of combustion-engine cars and a sluggish transition to new technologies are converging to pose ...
- Largest transport strike in decades brings Germany to a standstill, leaves thoudands of international passengers strandedThe 24-hour walkout also affected cargo transport by rail and ship, as workers at the country's ports and waterways joined the strike. Many...
- OPEC+ weighs large oil cutback to boost sagging pricesOil prices surged this summer as markets worried about the loss of Russian supplies from sanctions over the war in Ukraine, but they slippe...
- Spying claims are latest twist in Germany's Wirecard thrillerOnce a darling of the fintech scene, the payments provider filed for insolvency in June after being forced to admit that 1.9 billion euros ...
- World’s first 30-year bond with zero coupon flops in Germany“This shows that there is less demand for 30-year bonds at negative yields,”
- GM confirms Fiat, Magna, RHJ Int'l as Opel biddersGeneral Motors said Italy's Fiat, Canadian autoparts maker Magna and the RHJ International holding company are in the running to take over ...
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