Germany’s energy crisis is ‘more or less solved’ and its economy is safe, Bundesbank’s Nagel says

[ad_1] The International Monetary Fund on Tuesday projected the German GDP will contract by 0.1% in 2023 before expanding by 1.1% in 2024. The latest available purchasing managers’ index readings…

Europe stocks open higher as investors hope for an end to banking volatility; Deutsche Bank rallies

[ad_1] 18 Mins Ago German business sentiment rises Business sentiment in Germany climbed for a fifth straight month in February, as measured by the Ifo Business Climate Index. The biggest change…

Europe’s leaders battle banking crisis as market rout hangs over Brussels summit

[ad_1] German Chancellor Olaf Scholz told reporters at an EU summit that Deutsche Bank is a profitable business with no reasons for concern. French President Emmanuel Macron also told reporters…

European stocks fall as banking fears linger; Deutsche Bank and UBS shares slide

[ad_1] An Hour Ago Euro zone economic output hits 10-month high: PMI survey Euro zone economic growth has accelerated to a 10-month high in March, according to the latest S&P…

Deutsche Bank shares slide 13% after sudden spike in the cost of insuring against its default

[ad_1] The German lender’s shares retreated for a third consecutive day and have now lost more than a fifth of their value so far this month. The emergency rescue of…

European stocks higher as ECB hikes rates; Credit Suisse up 19% on central bank backstop

[ad_1] 23 Mins Ago U.S. stocks open lower The three major U.S. indexes traded down as markets opened for Thursday’s session. The Dow and S&P 500 were both down around 0.6% in the first…

Stocks making the biggest moves midday: Lyft, Spotify, Expedia, Yelp and more

[ad_1] Ramin Talaie | Corbis News | Getty Images Check out the companies making headlines in midday trading. Lyft — The ridesharing stock cratered 36% after issuing disappointing guidance for…

Bank of America downgrades Deutsche Bank as it struggles to improve profitability

[ad_1] It’s time to sell shares of Deutsche Bank , according to Bank of America. Analyst Rohith Chandra-Rajan downgraded shares to underperform from neutral, as the European bank deals with…

Stocks making the biggest premarket moves: Lyft, Expedia, Yelp and more

[ad_1] The Lyft Driver Hub is seen in Los Angeles, California. Lucy Nicholson | Reuters Check out the companies making the biggest moves in premarket trading: Lyft — The ride-sharing…

Penn’s sports betting business posts head-turning fourth quarter profit

[ad_1] In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday…