International rating agency Standard & Poor’s (S&P) on Friday confirmed Greece’s credit rating at B+ with a positive outlook, but refrained from an upgrade citing risks associated to the upcoming general election later this year. […]
Ankara and Tehran will seek a bartering system to pass through the U.S. sanctions after Washington announced its decision to end sanction waivers for countries importing Iranian oil, a move could further jeopardize the strained […]
The net income of Deutsche Bank rose by 67 percent year-on-year to 201 million euros (224 million U.S. dollars) in the first quarter (Q1) of fiscal year 2019, Germany’s largest bank announced on Friday. However, […]
The Bank of Russia said Friday that it had kept its key lending rate unchanged at 7.75 percent but admitted the possibility of lowering it before the end of the second quarter or in the […]
Royal Bank of Scotland (RBS) said on Friday its profit fell in the first quarter this year, warning that Brexit uncertainties could weigh on future income growth. Figures showed the Edinburgh-based lender recorded an attributable […]
With over 65 requests to speak at Bayer’s Annual Shareholders’ Meeting, the German agrochemical giant faced some tough questions from stockholders on Friday. “We made great progress, both operationally and strategically,” said Werner Baumann, chief […]
Three suspects were arrested in northwest Germany’s Lower Saxony as part of an investigation into a nationwide gang of online banking fraudsters, the public prosecutor’s office in the city of Verden and the Hanover police […]
Belarus will raise export duties on oil and its products that are exported outside the Eurasian Economic Union on May 1, the government said Friday. The duty on crude oil will increase from 97.4 to […]
Adjusted operational profits (EBITDA) of Bayer increased by 44.6 percent to around 4.2 billion euros (4.7 billion U.S. dollars) in the first quarter (Q1) of fiscal year 2019, the German chemical and pharmaceutical company announced […]
Deutsche Bank, Germany’s largest bank, and Commerzbank have terminated negotiations about a possible merger, the two banks announced on Thursday. “This transaction would not have created sufficient benefits to offset the additional execution risks, restructuring […]
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