German
Thailand’s Central buys German luxury retail property KaDeWe
THAI retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the...
Europe: Stocks gain on German data as focus turns to ECB policy meeting
EUROPEAN shares climbed on Monday (Apr 8), led by cyclical stocks, after strong industrial production data from the region’s largest economy Germany, although there was a sense of caution...
Lilly’s US$2.5 billion German plant will boost obesity-drug supply
ELI Lilly kicked off construction of a new plant to boost the production of its wildly popular weight-loss drugs, which have yet to gain a foothold in Europe.The factory...
Europe: Stocks dragged down by healthcare; German inflation data in focus
EUROPEAN stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors parsed inflation data from the continent’s largest economy Germany for clues on the...
Europe: Shares edge up on earnings relief; German DAX at record high
EUROPEAN stocks climbed on Thursday as investors took comfort in upbeat earnings and an in-line US inflation print, while Germany’s benchmark index touched a record after preliminary data showed slowing...
Europe: Stoxx 600 rises on miners, tech support; German shares at record high
EUROPE’S benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while investors awaited this week’s inflation data that could shed some light on when...
Deutsche Telekom sees 2024 profit up 6% on German, US growth
DEUTSCHE Telekom, Europe’s largest telecommunications operator, forecast its earnings this year will continue to grow after a strong 2023, boosted by growth in Germany and the US. Adjusted earnings...
German, Dutch central banks post big losses, warn of more
THE German and Dutch central banks on Friday (Feb 23) posted multi-billion euro losses for 2023 and predicted more financial pain ahead, suggesting that they are unlikely to pay...
