Europe’s Economic Engine Is Breaking Down

[ad_1] Germany has been Europe’s economic engine for decades, pulling the region through one crisis after another. But that resilience is breaking down, and it spells danger for the whole…

CNBC Daily Open: The Moody’s downgrade was a non-event

[ad_1] CNBC Daily Open: The Moody’s downgrade was a non-event  CNBC [ad_2] Source link

Germany Pressures Siemens to Support Troubled Wind-Turbine Maker

[ad_1] German Chancellor Olaf Scholz ratcheted up pressure on Siemens Energy AG’s biggest shareholder Siemens AG to help shore up the troubled wind-turbine maker’s finances as part of a joint…

European markets climb on strong earnings ahead of key U.S. inflation print

[ad_1] 38 Mins Ago Early movers: Knorr-Bremse up 6%, ISS down 6% Corporate earnings were the main driver of individual share price movement in Europe on Thursday. Knorr-Bremse shares jumped…

European markets close higher after breaking losing streak; Siemens Energy up almost 7%

[ad_1] 20 Mins Ago Fed’s Powell on interest rate hikes: More restriction coming because of strong labor market CNBC’s Sara Eisen speaks with Federal Reserve Chairman Jerome Powell and other…

Siemens Energy shares plunge more than 37% as wind turbine worries deepen

[ad_1] Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast. Wolfgang Rattay | Reuters Siemens Energy shares plunged over 37% on Friday after the…

Shell to build Europe’s ‘largest’ renewable hydrogen plant to help power Dutch refinery

[ad_1] Shell says it wants to “become a net-zero emissions energy business” by the year 2050, but the company remains a major producer of oil and gas. Its aims for…