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COMMERZBANK NEWS
Oil rebounds 1% to end week steady amid prospect of Ukraine ceasefireOil prices increased by 1% on Friday, remaining nearly unchanged for the week. Investors considered the unlikely swift end of the Ukraine w...
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...
European shares slip as automobile, real estate losses weigh, US GDP data in focusEuropean shares fell on Thursday, led by losses in real estate and automobiles and parts stocks following a sharp selloff at Wall Street in...
Commerzbank wins crypto custody licence in digital assets pushThe license will allow the bank to “build up a broad range of digital asset services, with particular emphasis on crypto assets,” the Frank...
European shares set for weekly gains as travel stocks soarThe pan-European STOXX 600 index rose 0.7% by 0711 GMT and was set for a 0.6% weekly gain after worries about global growth dented markets ...
Gold eases from 2-month peakThe ECB left its policy unchanged as expected on Thursday, keeping copious stimulus flowing even as it faces questions over how it might cl...
Sterling rallies on vaccine and Brexit deal optimismLondon and Brussels this week continue their negotiations to agree a deal on their future trading relationship, though time is now running ...
Euro hits one-week high as vaccine hopes lift investor spiritsDespite fears of a resurgence of global cases of COVID-19, investors remain hopeful a working vaccine could rescue the global economy, help...
Gold steady as weaker dollar offsets buoyant equities"The dollar's refusal to explore more of its downside is taking some of the shine off gold," FXTM market analyst Han Tan said.
Dollar holds the upper hand as recovery doubts creep inThe dollar index advanced 0.1% to 97.30 but remained below a 2020 high of near 103 in late March.
European shares slide as virus fears persist, banks dropThe pan-European STOXX 600 index fell 1.1 per cent, with banks proving a drag after a slew of negative updates.
Gold gains as global growth concerns dent risk appetiteUS gold futures settled up 0.3 per cent at $1,318.50.
High noon in Brussels: Italy prepares for budget showdown"The European process might not be central," Bank of America Merrill Lynch said in a note to clients.
Here's how markets are reacting to news of the Trump-Comey memoAsian equities retreated, S&P 500 futures slipped and haven assets from gold to the yen rose.
Suzlon rallies 7% after inking Rs 7,000 cr loan deal; expert advises to exit stockThis move enables Senvion SE to secure follow-on financing early for the credit facilities of 750 million euros agreed in May 2012 for the ...
Suzlon inks loan deal worth Rs 7,000 cr; expert advises investors to exit stockThe stock rallied more than 12% in Friday's trade on the Bombay Stock Exchange. Now, experts are advising investors to exit the stock.
- Oil hits 2-year high above $88
Oil prices hit a new two-year high during trading in Europe on Thursday, boosted by news that US crude and gasoline stockpiles declined las...
- Despite ECB threats, a new interest rate hike is unlikely: analysts
The European Central bank threatens to raise interest rates to parry inflation risks but its next move will probably be a cut owing to a gl...
- Takeover may trigger smaller deals
A take-over by Barclays of ABN AMRO, if concluded, could trigger smaller deals but is unlikely to unleash a wave of crossborder consolidati...
- Fiat buys 8.4% more in Ferrari
Commerzbank said on Monday it had sold its 8.4% stake in Italian carmaker Ferrari to Fiat, in a deal with a market value of E260m ($329m).